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Monday, October 14, 2013

Power-hungry Argentina mulls allowing crude oil imports: report

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.

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.