Colombia Lifts Key Rate to 4.5% as GDP Seen at Full Capacity

Colombia’s central bank raised its benchmark interest rate for a fifth straight month, saying the increase would keep the economy growing at a sustainable pace and inflation (COCPIYOY) on target.

Brazil's economy falls into recession, latest figures show

Brazil has fallen into recession, just a month before the general election, latest figures show.

Argentina wants deal with all holdout investors together

(Reuters) - Argentina's government on Wednesday ruled out further piecemeal debt talks with a small group of U.S. hedge funds and said the country needed to strike a deal with all bondholders which have rejected past restructuring agreements as a single group.

EU welcomes WTO ruling against Argentinian measures on imports

EU Trade Commissioner, Karel De Gucht, today welcomed a ruling by an independent panel at the World Trade Organisation (WTO) that certain conditions which Argentina introduced for firms wishing to import goods into the country break WTO law.

Grupo Mexico Goes From First to Worst on Chemical Spill

Spilling chemicals into two rivers near the U.S. border is making Grupo Mexico SAB the country’s worst performing major stock.

Brazil’s Swap Rates Drop as Consumer Confidence Index Tumbles

Brazil’s swap rates declined as a gauge of consumer confidence dropped to its lowest level since 2009, adding to speculation that the central bank will limit further increases in borrowing costs.

Mexico creates special force for economic crime

MEXICO CITY (AP) — Mexico launched a special 5,000-strong police force Friday to combat industrial, farm and business crime that has extended throughout the country's economy, strangling commerce in some regions.

Brazil boosts credit as economy nears recession

Brazil's government unveiled a flurry of measures on Wednesday aimed at pumping credit into a languishing economy, its latest effort to avoid a recession as a tightly contested presidential election draws closer.

Colombian Peso Posts Biggest Drop in Emerging Markets This Week

Colombia’s peso plunged the most among major emerging-market currencies this week on speculation inflows into the Andean country will slow.

Mexico's economy picks up steam in second quarter

MEXICO CITY, Aug 21 (Reuters) - Mexican economic growth was stronger than expected in the second quarter as industrial activity and domestic demand perked up, signaling a recovery in Latin America's No. 2 economy is gathering pace.

Brazil's July job growth weakest for the month since 1999

BRASILIA, Aug 21 (Reuters) - Job creation in Brazil slowed in July to its weakest pace for the month since 1999, another sign Latin America's biggest economy might have slipped into recession during a tightly-contested presidential race.

Cuba struggles to attract investors despite reforms

(Reuters) - Cuba has yet to attract new foreign investors despite launching two major initiatives in the past year, a sign of the lingering caution over doing business with the communist government and its own hesitancy to follow through on free-market-style reforms.

Mexico's Pena Nieto eyes annual growth of 5 percent around 2018

(Reuters) - Mexico's annual economic growth rate could rise to around 5 percent by around 2018 in the wake of a series of economic reforms spanning energy to telecoms, President Enrique Pena Nieto said on Wednesday.

Argentina in latest debt default crisis pits 'motherland' against 'vultures'

Happy hour is now in full swing at The Temple Bar, a busy British-style pub in the upscale Palermo Soho district of Buenos Aires.

Mexico energy reform divides opinion

There is a point inside the Tula refinery, the main oil processing plant servicing Mexico City, that seems to perfectly capture the changing landscape of the Mexican energy industry.

Colombia’s Oil and Mining Boom Is Over Says Central Banker

Colombia’s oil and mining boom has come to an end, while the nation’s borrowing costs remain at a level that boosts growth, central bank co-director Adolfo Meisel said.

Argentina slams U.S. judge in debt case, defies contempt threat

(Reuters) - Argentina came out swinging on Wednesday against the U.S. judge overseeing its debt default case, defying a threatened contempt order and dashing market hopes it might soon restart talks with the hedge funds suing the country.

Mexico Oil Output Bloated by Water Barrels, Official Says

Petroleos Mexicanos, facing a 10th straight year of production declines, is including water in its oil output and may revise previously reported data, according to a company official briefed on the matter.

Exclusive: Brazil may raise fuel prices by up to 6 percent - source

(Reuters) - The Brazilian government could increase domestic fuel prices at refineries by up to 6 percent after the October presidential election, a senior government source told Reuters on Monday.

Mexico's industrial output unexpectedly falls in June

(Reuters) - Mexican industrial production unexpectedly shrank in June, the first contraction since December, casting doubt on the strength of a recovery in Latin America's second largest economy.

Argentina Peso Forwards Head for Biggest Weekly Gain Since March

Argentina’s peso forwards are headed for their biggest weekly increase since March on speculation private banks and the country’s holders of defaulted bonds will reach an agreement to resolve a U.S. lawsuit.

Rousseff Maintains Poll Lead With Brazil Ballot Win Intact

Brazilian President Dilma Rousseff maintained her lead over her nearest challengers less than two months before elections, according to an Ibope poll that shows her winning a possible run-off.

Argentina bonds, stocks firm on possible deal to exit default

(Reuters) - Argentine bond prices and stocks firmed on Thursday, with news that international banks may be close to a deal to buy debt from holdout creditors that would resolve its debt crisis.

Mexico Inflation Tops Target After More-Than-Expected Gain

Mexican consumer prices rose more than expected in July, pushing the annual inflation rate above the upper limit of the central bank’s target range.

Brazil finance chief says economy to pick up after slow start

BRASILIA (Reuters) - The Brazilian economy should pick up in the second half of the year after a slow start and hit more "reasonable" growth levels in 2015, Finance Minister Guido Mantega told Reuters on Tuesday.

Chile's economy posts weakest monthly growth in over four years

(Reuters) - Chile's economy grew at its slowest pace in more than four years in June, a below-forecast surprise that likely opens the door to more interest rate cuts.

Argentine Default Sours Outlook for Peso as Talks Ordered

Investors are anticipating a 10 percent drop in the Argentine peso after the nation defaulted for the second time in 13 years last week.

Brazil's industrial output dropped for 4th month in June

(Reuters) - Brazilian industrial output dropped in June for a fourth straight month as automobile production plunged, in a further sign of the downturn in the country's economy, Latin America's largest.

Spain's Telefonica says eyeing deal in Mexico

(Reuters) - Spain's Telefonica (TEF.MC) is in talks over a possible deal in Mexico, where it has been eyeing acquisitions for months to strengthen its position against former monopoly America Movil AMX.MX, the telecoms group said on Wednesday.

Brazil's industrial output dropped for 4th month in June

RIO DE JANEIRO, Aug 1 (Reuters) - Brazilian industrial output dropped in June for a fourth straight month as automobile production plunged, in a further sign of the downturn in the country's economy, Latin America's largest.

Chile’s Unemployment Rate Climbs to 6.5% as Growth Slows

Chile’s jobless rate rose in the three months through June from the year earlier as economic growth slowed to the weakest pace in four years.