IMF trims growth forecast for Latin America

WASHINGTON: The IMF on Tuesday trimmed its economic growth forecasts for Latin America and the Caribbean this year but said the outlook for the region was positive.

Colombia Ditches Brazil at IMF as BRIC Power Estranges Neighbors

Colombia is leaving a group at the International Monetary Fund led by Brazil, whose quest for influence as a member of the BRICS group of emerging markets is alienating some of its smaller, Spanish-speaking neighbors.