Brazil inflation rate hits 12-year high

Inflation in Brazil has hit a 12-year high of 9.56%, official figures have shown.

Puerto Rico Can Manage Debt, Hedge-Fund Backed Study Finds

A report released by a group of hedge funds that own $5.2 billion of Puerto Rico bonds said the island’s central government can pay what it owes, showing the resistance the commonwealth faces as it seeks to restructure its $72 billion of debt.

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.

Argentina sees 'better possibility' of holdout debt deal in 2015

(Reuters) - Chances of a deal to end Argentina's feud with holdout bond investors will improve in January when current restructuring rules expire, the economy minister said in comments published on Monday, raising some hopes for the country's stagnant economy.

Venezuela Default Almost Certain, Harvard Economists Say

Venezuela will probably default on its foreign debt as a shortage of dollars makes it impossible for the government to meet its citizens’ basic needs, Harvard University economists Carmen Reinhart and Kenneth Rogoff said.

Brazil's Neves would improve ties with United States: adviser

WASHINGTON (Reuters) - Brazilian presidential challenger Aecio Neves would seek to repair ties with the United States and finalize a long-delayed free-trade agreement with the European Union if he is elected in an Oct. 26 runoff, his top economic adviser said on Friday.

Mexico eyes IMF credit line renewal despite review lag: official

(Reuters) - A Mexican finance ministry official on Friday said he was confident Mexico would renew its $72 billion flexible credit line with the International Monetary Fund before it expires next year, but that the process had taken longer than expected.

IMF cuts global growth outlook; India avoids ratings downgrade

WASHINGTON/MEXICO CITY (Reuters) - The International Monetary Fund on Thursday chopped its 2014 forecast for global economic growth to take into account weakness early in the year in the United States and China, the world's two biggest economies.

Ecuador Is Said to Plan Meetings for Bond Market Return

Ecuador is planning meetings with fixed-income investors and the country may follow with its first bond sale abroad since a $3.2 billion default five years ago, according to a person with knowledge of the plans.

Argentina Fines Retailers for Not Stocking Price-Capped Products

BUENOS AIRES--A day after reporting the highest inflation in over a decade, Argentina's government fined several retail chains, including France'sCarrefour SA and U.S.-based Wal-Mart Stores Inc., for failing to stock certain price- capped products.

Correction: Argentina-Economy story

BUENOS AIRES, Argentina (AP) — Believe it, or not? That's the question of the day in Argentina, where the credibility of a new consumer price index unveiled Thursday is key to containing inflation and attracting investment from a world that has lost confidence in the government's numbers.

Argentina: new price controls to fight inflation

BUENOS AIRES, Argentina (AP) - Argentina's government is launching its latest price control program to curb high inflation.

Argentina September economic activity beats expectations

BUENOS AIRES, Nov 15 (Reuters) - Argentina's economic activity grew 4.7 percent in September compared with the same month last year, the government said on Friday, exceeding market expectations.

Brazil Swap Rates Rise Before Central Bank Decision; Real Gains

Brazil’s swap rates climbed for the first time in a week as traders stepped up bets that the central bank will sustain the pace of increases in borrowing costs at a policy meeting today.

IMF cuts Latin America GDP forecast as Brazil, Mexico falter

RIO DE JANEIRO — The International Monetary Fund reduced its growth forecast for Latin America and the Caribbean as weaker commodity prices threaten to further sap strength from the region's two biggest economies.

Xi visits US, Latin America as leader of more confident China after decade of explosive growth

BEIJING - President Xi Jinping meets his American counterpart, Barack Obama, this week after stops in the Caribbean and Latin America as the leader of a more confident China following a decade of explosive economic and trade growth.

IMF Backs Latin American Measures to Ease Impact of Inflows

The International Monetary Fund said it supports measures that would ease the impact of capital flows into Latin America that have caused some of the region’s currencies to climb at the fastest pace in the world.

WTO faults Argentina on trade policy, data transparency

GENEVA: The World Trade Organization added its voice on Wednesday to criticism of the quality of Argentina's inflation data, and said the country's restrictive trade policies could fuel price pressures.

Latin America Is High-Profit Region for Global Firms -Survey

A majority of multinational companies say Latin America is their most profitable emerging-market region, which bodes well for future investment in countries such as Mexico, according to a survey by Frontier Strategy Group, a firm that works with senior business executives that target emerging markets.

Sizzling prices heat up wage talks in Argentina

BUENOS AIRES (Reuters) - A stagnant economy and one of the world's highest inflation rates are making Argentina's annual wage talks thornier than ever this year just as President Cristina Fernandez turns her attention to mid-term elections.