Chile Attracts as Much Foreign Direct Investment as Mexico

Chile bucked the trend in Latin America last year with an increase in foreign direct investment, attracting almost as much as Mexico, a country with seven times the population, according to the United Nations Latin American and Caribbean unit.

Brazil April Current Account Gap Wider Than Economists Forecast

Brazil’s current account deficit in April was wider than economists forecast, as a weaker real this year has failed to improve the trade balance.

Bolivar Plunges in Black Market as Venezuelans Stash Dollars

Venezuela’s largest bill of 100 bolivars is now worth less than a U.S. quarter to money-changers after a plunge in the currency’s black-market value.

Colombia Holds Key Rate at 4.5% as Inflation Surge Continues

Colombia kept borrowing costs unchanged for a ninth straight month after the central bank trimmed its growth forecast and inflation accelerated to the fastest pace since 2009.

Brazil’s Deeper Contraction Sinks Lenders as Petrobras Advances

Brazil’s disappointing jobs report added to speculation Latin America’s largest economy is heading to its deepest recession since 1990, sinking bank stocks.

Mexico Lowers 2015 Growth Forecast After Oil Production Decline

Mexico’s government cut its forecast for growth this year, two days after a similar reduction by the central bank, as the economy posted its biggest month-on-month decline in almost two years.

Concern Rousseff Faces Budget Opposition

Brazil’s real declined for a third straight day amid concern President Dilma Rousseff will face opposition as lawmakers prepare to vote on fiscal measures.

China to invest billions in Brazil's economy, Chinese premier says

BRASILIA — Chinese Premier Li Keqiang will push trade, finance and investment deals worth tens of billion of dollars on Tuesday to help Brazil upgrade its dilapidated infrastructure and boost a slumping economy.

Venezuela's Hyperinflation Is Working Out Very Well for Mastercard

Venezuela’s economic collapse is driving factories out of business, leaving store shelves barren and wiping out workers’ purchasing power.

Inflation in Brazil eases, but central bank efforts not enough -official

SAO PAULO, May 15 (Reuters) - Brazilian central bank director Luiz Awazu Pereira said on Friday that the outlook for inflation to converge to the center of the official target in 2016 has strengthened.

Chile and Peru Keep Rates at Their Lowest Level in Four Years

Chile and Peru kept borrowing costs unchanged as high inflation and currency pressure prevent their policy makers from doing more to support growth.

Venezuelan currency tanks; inflation seen near 100%

Venezuela's black market exchange rate weakened below a key level on Thursday, as the bolivar's decline steepened in the face of hyperinflation and a rapidly shrinking economy.

Brazil Real Leads Gains as Fed Outlook Overshadows Levy Setback

Brazil’s real led global currency gains as speculation the Federal Reserve will keep interest rates low overshadowed a setback in Finance Minister Joaquim Levy’s efforts to cut spending.

Chile’s Cabinet Shifts Luring ETF Investors to Discounted Stocks

Chile has been luring investors scouring for cheap Latin American stocks over the past month. Now, a new finance minister with Wall Street credentials is giving another reason for buyers to double down on their bets.

Europe, Mexico to seek new trade pact to deepen North American ties

BRUSSELS (Reuters) - The European Union and Mexico will launch negotiations towards a new free-trade agreement later this year, as Europe seeks to tie its economy closer to North America following a deal with Canada and efforts to sign an accord with the United States.

Is Argentina's economy pulling a tango turnaround?

Its economy is projected to show little or negative growth this year. Argentina is still indebted to American hedge funds, affectionately known as "vultures" in the country. And it remains the poster child of nations that default on their loans.

Mexico’s CFE Sees Infrastructure Spending Near $16.6 Billion

Comision Federal de Electricidad, Mexico’s state-owned power company, expects $16.6 billion will be spent on infrastructure including pipelines and power projects in the coming years as the nation opens to outside investment.

Haiti President Sees No End for Venezuela Oil Aid Even Amid Drop

Haiti’s President Michel Martelly said he sees no sign Venezuela’s shipments of subsidized oil to Caribbean and Central American nations will end, and that his country would be the last to see the aid curbed in the case of cutbacks.

Chile's president trying Cabinet reshuffle in attempt to salvage ambitious reform plans

SANTIAGO, Chile – In shaking up her entire Cabinet, Chilean President Michelle Bachelet is trying to salvage an ambitious reform package amid growing scandals and contain a political crisis.

Brazil Central Bank Not Done Hiking Rates

Brazil’s interest rates are going higher and here’s why: 8.13% inflation. The April meeting minutes from the Central Bank of Brazil’s monetary policy committee’s recent 50 bps hike came out on Thursday and it is more hawkish than the market hoped.