News of central america

Brazil Central Bank daces self-inflicted crisis

17-06-2024 11:57 Brazil’s Central Bank is facing an emergency of its own making that threatens to sabotage years of deft policy making and credibility gains.

EL SALVADOR

El Salvador's Bukele sworn-in for second term as Milei watches on

01-06-2024 17:42 El Salvador's President Nayib Bukele sworn in for a second term with Argentina's Javier Milei among the guests in attendance.

HEALTH

Puerto Rico declares health emergency over dengue

25-03-2024 21:21 Puerto Rico declared a public health emergency over dengue, a mosquito-borne illness that has surged throughout the Americas this year.

ECONOMIC INDICATORS

Brazil’s economic activity caps 2023 with better-than expected growth

19-02-2024 14:05 Brazil’s economy grew more than expected in December, indicating activity is still showing some resilience to high interest rates as President Luiz Inacio Lula da Silva readies higher government spending.

ROAD TRAFFIC ACCIDENT

Five Argentine tourists killed in Mexico road crash

19-02-2024 11:37 Five Argentine tourists and a Mexican citizen died in the tourist state of Quintana Roo in southeastern Mexico Sunday in a road-traffic accident.

ECONOMIC INDICATORS

Brazil inflation accelerated in August to 4.61%

12-09-2023 14:54 Brazil’s inflation rate rises for second straight month in the wake of trimming of rates by central bank, but food prices decrease.

JAVIER MILEI INTERVIEW

Milei says he’d reject ‘assassin’ China, take Argentina out of Mercosur

16-08-2023 22:04 Presidential frontrunner doesn’t want to engage with leftists; Diana Mondino to run foreign ministry if president, Milei says.

ECONOMIC POLICY

First South American central bank to cut says caution needed

09-06-2023 12:31 Uruguay to keep restrictive policy even with more rate cuts; Economy will probably grow around 2% this year.

ECONOMIC INDICATORS

Brazil’s economic growth bounces back under Lula

01-06-2023 12:39 Brazil’s economy roared back in the first months of 2023, lifted by bumper harvests that outweighed the drag of double-digit borrowing costs.

ECONOMIC INDICATORS

Brazil inflation slowed again in April to 4.18%

13-05-2023 09:00 Brazil's annual inflation rate fell for the 10th straight month in April, to 4.18%.

INTEREST RATES

Brazil holds interest rate, citing 'resilient' inflation

04-05-2023 11:11 Brazilian Central Bank resists pressure from President Lula to trim interest rates and announces hold for six straight time.

MORE MEASURES FROM MASSA

Argentina to pay for Chinese imports in yuan instead of dollars

27-04-2023 00:16 Economy Minister Sergio Massa activates plan to boost dwindling reserves and agrees deal with Beijing that will allow Argentina to pay for Chinese imports in yuan instead of US dollars.

URUGUAY

Uruguay leads Latin America with first rate reduction

19-04-2023 21:06 Uruguay becomes first inflation-targeting country in Latin America to start lowering borrowing costs after economy entered technical recession towards end of last year.

CRIME & SECURITY

Interpol says 14,000 arrested in Latin America gun raids

18-04-2023 15:08 Over 14,000 people have been arrested and 8,000 weapons seized in an anti-firearms operation across Central and South America, Interpol announces.

REGIONAL ECONOMY

Latin America’s policy-makers warn investors of long fight against inflation

17-04-2023 17:08 Battle against inflation will take longer than expected, the region top economic authorities said at IMF Spring Meetings.

BRAZILIAN ECONOMY

Brazil holds rates and sounds the alarm on rising inflation bets

02-02-2023 00:03 Brazil’s Central Bank kept its key interest rate unchanged and expressed concern about the costs of taming rising inflation expectations that have been fuelled by tensions with President Luiz Inácio Lula da Silva’s new government.

JOINT CURRENCY PLAN

Brazil and Argentina are discussing whether to combine currencies

23-01-2023 09:31 Argentina and Brazil are in the preliminary stages of renewing discussions on forming a common currency for financial and commercial transactions, the leaders of the two nations reveal.