BUENOS AIRES (Reuters) - Argentina is studying authorizing crude imports from Nigeria to help counter a long decline in oil and natural gas output that has hurt its trade balance, two newspapers reported on Saturday, both citing an anonymous source with knowledge of the matter.
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Monday, October 14, 2013
Sunday, October 13, 2013
S&P to Brazil: Actions speak louder than words
WASHINGTON (Reuters) - The Brazilian government's more business-friendly tone needs to materialize into actions for Standard & Poor's to reconsider its negative outlook on Latin America's largest economy, a senior credit analyst for the agency told Reuters on Friday.
Saturday, October 12, 2013
Argentina seeks settlements, dollars at World Bank
BUENOS AIRES, Argentina (AP) -- Argentina is promising to make good on $500 million in World Bank arbitration court rulings with a mix of new bonds instead of cash, and it's counting on getting billions of dollars in new loans in return.
Friday, October 11, 2013
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.
Thursday, October 10, 2013
Mexico urges U.S. to reach deal on raising debt ceiling
MEXICO CITY, Oct 8 (Reuters) - Mexico's finance minister urged the United States on Tuesday to reach an agreement on raising its debt ceiling, saying a failure to do so could seriously damage financial markets and the global economy.
Wednesday, October 9, 2013
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.
Tuesday, October 8, 2013
Argentina Rejected by U.S. Court in Bond Payment Appeal
The U.S. Supreme Court left intact a ruling that may force Argentina to make payments on defaulted government bonds, rejecting that country’s appeal in a clash that has roiled its financial markets.
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