Latin America/Caribbean

Brazil’s Determined Exchange Rate Dump

As GDP growth stalled to 3 percent on poor retail numbers setting the stage for deeper interest rate cuts, Brazilian ...

Brazil’s Surreal Salvation Script

Brazil’s currency and capital markets careened as the central bank after official and exporter hectoring abruptly slashed the benchmark interest ...

The Caribbean’s Debt Shoal Shuffle

Tiny Eastern Caribbean Currency Union member St. Kitts and Nevis became the latest defaulter on public debt at almost 200 ...

Peru’s Milastone Mining Militants

Former Peruvian army general Humala’s surprise win in the second-round presidential runoff triggered brief investor panic as the Lima exchange’s ...

The Pacific Alliance’s Bellicose Bluster

Stocks were unmoved from slides to date as Chile, Colombia, Mexico and Peru formally joined in a “Pacific Alliance” representing ...

Haiti’s Musical Chair Chafing

Haitian musician Martelly was inaugurated as President after an outsize election victory despite slim turnout and declared the island “open ...

Ecuador’s Raffish Referendum Riffs

Ecuadorean President Correa notched another referendum win extending constitutional revisions with a judiciary to executive anti-crime power transfer and stripping ...

Argentina’s Punishing Inflation

Argentine stocks and bonds extended losses on their respective MSCI and EMBI indices as IMF officials at their spring conclave ...

The Andes Climb’s Creaky Crevices

Peru’s Q1 20 percent stock market selloff worsened, with small bond foreign inflows also reversing, as populist candidate Humala won ...

The IDB’s Calgary Stampede Strut

The Inter-American Development Bank’s annual gathering in Calgary Canada, known for its cowboy lore, reflected an upbeat mood and outlook ...

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