Mexico’s Peso Rises as Senate Poised to Vote on Telecom Reforms

Mexico’s peso rose to a 20-month high amid speculation lawmakers are moving closer to approving a bill to boost competition in the telecommunications industry, fueling optimism for legal reforms that could bolster growth.

Venezuela: Economy grew 5.6 at start of 2012

CARACAS, Venezuela (AP) — Venezuela's economy grew 5.6 percent during the first three months of the year, continuing expansion that began at the end of 2010, the country's planning minister said Thursday.