Brazil's Government Prods Top Banks to Help Ignite Economy

Brazil's government wants the nation's top banks to help reignite a listless economy via a major expansion in lending, but concerns about high default rates persist.

Santander Mexico Grows As Mexican Economy Flourishes

Mexico is the new darling of Latin American investing. AndSantander Mexico ( BSMX ) has been enjoying the ride since spinning off from its Spanish parent and going public last Sept. 26.

Amid domestic change, Cubans march to the polls

HAVANA (Reuters) - Cubans went to the polls on Sunday to elect a Communist Party-selected slate of 612 deputies to the National Assembly at a time of change in how they live and work but not in how they vote.

Brazil Posted Record $4 Billion Trade Deficit in January

Brazil posted a record trade deficit in January, as monthly figures surged on the inclusion of oil imports made at the end of last year.

IMF hits Argentina with first-ever censure of a country

The International Monetary Fund has censured Argentina for failing to supply accurate economic data, the first time the global crisis lender has taken such an action against a member.

Chile Rejected Rate Change on Balanced Global, Domestic Risk

Chilean policy makers were unanimous in their decision to keep the benchmark interest rate unchanged last month on improved financial conditions abroad and higher wages and falling unemployment at home.

Brazil Real Trades Stronger Than 2 Per Dollar as Inflow Tax Cut

Brazil’s real traded stronger than 2 per dollar for a fourth day as the government cut a tax on foreign investment in real estate funds, prompting speculation inflows will sustain the currency’s rally.