SAN SALVADOR El Salvador's President Nayib Bukele took the stage last weekend at the end of "Bitcoin Week" to the cheers of fans delighted his Central American country has become the first to adopt crypto currency as legal tender, alongside the U.S. dollar.
BUENOS AIRES/NEW YORK, Nov 15 Argentine bonds
gained strongly on Monday after a heavy defeat for the ruling
Peronists in midterm elections, with investors hopeful the loss
could force a shift to more moderate policies as the government
reaches across the aisle in Congress.
BUENOS AIRES/NEW YORK, Nov 15 Investors in
Argentina see a silver lining as the defeat of the governing
Peronists in a congressional vote could create a shift towards
more orthodox economic policies, but there are concerns a
bruised government could adopt an even more populist stance.
NEW YORK Chile's market darling status is threatened by its economic and political outlook, but investors see an opportunity as the South American country heads into a presidential election with no clear favorite while also rewriting its constitution.
NEW YORK (Reuters) -A former official at the International Monetary Fund said Argentina is "not going to pay" the Fund and any agreement between the two will be a "temporary Band-Aid" that will only delay a run on banks in the South American country.
NEW YORK Economic growth can only be considered truly sustainable if human and natural capital are part of the equation, as gross domestic product and other traditional measures fall short, a new report from the World Bank showed.
NEW YORK, Oct 21 A small but steady flow of
foreign cash into Turkish bonds abruptly reversed in September,
when the central bank shocked markets with a rate cut that hit
the lira, according to data from the Institute of International
NEW YORK (Reuters) -Argentine senior officials met with private investors in New York on Friday, touting a much sought-after economic "roadmap" for the embattled country and playing up the chances of a positive deal with the International Monetary Fund.
MEXICO CITY/NEW YORK Swiss bank UBS is closing its brokerage in Mexico, said three people familiar with the matter, following in the footsteps of other large global financial institutions that have opted to leave Latin America's second largest economy.
NEW YORK, Sept 22 The International Monetary
Fund said on Wednesday Brazil's economic performance has been
better than expected "in part due to the authorities' forceful
policy response" as the economy emerges from the pandemic