Peru Economy to Grow Less Than Forecast 3.5%: Velarde

Peru’s economy will expand less than policy makers forecast this year, central bank President Julio Velarde said, after falling metal prices hurt investment.

Venezuela's annual inflation rises to 63.4%

Venezuela's annual inflation rate has risen to 63.4%, the highest in Latin America, according to official figures published on Tuesday.

Brazil economy stuck in doldrums as Rousseff seeks re-election

(Reuters) - Brazil's economy barely grew in the first quarter as investment plunged, reflecting a broad malaise that has stirred recent labor unrest and street protests as President Dilma Rousseff seeks a second term.

Argentine economy closing 2013 in trouble, with tough times looming for Cristina Fernandez

BUENOS AIRES, Argentina – President Cristina Fernandez has tried to reinvent her image since her return from skull surgery. She's put aside the all-black wardrobe she wore for three years mourning her late husband Nestor Kirchner, and reshuffled her Cabinet.

Breaking taboo, Mexico government aims to tax food, medicine

(Reuters) - Mexico plans to boost its tax coffers by an extra $50 billion a year with an overhaul that aims to extend sales tax coverage, close tax loopholes and could impose charges on capital gains.

Argentina Will Not Become Venezuela

Chevron (NYSE: CVX) is in advanced negotiations with Argentinean state owned YPF (NYSE: YPF) to develop Vaca Muerta basin, considered by Chevron the second largest reservoir of unconventional oil in the world. This looks like a potentially huge opportunity, but the risks are also enormous.

Ecuador's Correa claims re-election victory

QUITO (Reuters) - Ecuadorean President Rafael Correa claimed a re-election victory on Sunday that would allow him to strengthen state control over the OPEC nation's economy and gives a timely boost to Latin America's alliance of socialist leaders.

Venezuela economic growth at 5.2 percent

CARACAS, Venezuela (AP) — Venezuela’s economy grew 5.2 percent in the third quarter as compared to the same period last year, officials said Tuesday, crediting both the private sector and an increase in government spending.

Ecuador's Correa to seek re-election, clear favorite

QUITO (Reuters) - Ecuador's President Rafael Correa launched his re-election bid on Saturday for a February vote likely to give him a new four-year term to continue boosting state control over the Andean nation's economy.

Is Latin America’s middle class on safe ground?

BOGOTA, Colombia (MarketWatch) — Andrea Enciso Garcia has found a niche — buying certified organic vegetables and herbs from farms outside Bogota and selling them to the newly created middle class of Colombia.