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.

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.

Pena Nieto Gets Boost From Mexico Central Bank After Budget Cuts

The Mexican government will receive 31.4 billion pesos ($2.1 billion) in special revenue from the central bank, allowing a spending boost as falling oil prices prompt budget cuts.

Peru economy grew 0.94 pct in February - government

LIMA, April 15 (Reuters) - Peru's economy expanded narrowly in February, growing 0.94 percent from the same month a year ago, missing market expectations as construction and mining activity dropped, the government said on Wednesday.

Mexico Central Bank Cuts ’15 GDP Forecast for Second Time

(Bloomberg) -- Mexican policy makers reduced their 2015 growth forecast for the second time following a slump in global oil prices and a decline in domestic output.

Chile posts wider fiscal deficit as copper income falls

SANTIAGO, Jan 30 (Reuters) - Chile's fiscal deficit widened in 2014 compared to the previous year as income from its top export copper fell, and government spending rose.

Chile Unemployment Falls as Government Forecasts Recovery

Chilean unemployment unexpectedly fell in the three months through October, the first month of a quarter that Finance Minister Alberto Arenas forecasts will see a “small and moderate reactivation” in the economy.

Brazil to announce budget cuts with new economic team: Folha

(Reuters) - Brazilian President Dilma Rousseff's new, still unconfirmed economic team is preparing budget cuts for 2015 that will be announced next week, newspaper Folha de S. Paulo reported on Sunday. The paper did not give an amount for the proposed cuts.

Venezuela’s Bond Plummet Can’t Sway BofA as Losses Mount

Being bullish on Venezuela’s bonds hasn’t quite panned out for Bank of America Corp. and Barclays Plc. Still, neither are prepared to give up their calls.

Argentina Selling Up to $1 Billion in Local Bonds as Peso Slips

Argentina is planning to sell as much as $1 billion of dollar-linked bonds next week after issuing similar notes less than a month ago.

Chile Policy Makers Signal Rate Cut May Be Last in Current Cycle

Chilean policy makers signaled that yesterday’s benchmark interest rate cut may be the last in the current cycle following eight reductions in 13 months.

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 posts first trade deficit in seven months

(Reuters) - Brazil posted a trade deficit BRTBAL=ECI of $939 million in September, its first monthly deficit after six straight positive results this year, government data showed on Wednesday.

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.

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 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.

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.

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.