Brazil Economists Forecast Steeper Economic Slowdown Next Year

Brazil economists cut their 2014 economic growth forecast to the lowest all year, as inflation pressured by a weaker real saps purchasing power in the world’s second-biggest emerging market.

Mexican Maquiladora Industry Cry Foul on New Taxes

Industry groups say President Enrique Pena Nieto's proposed tax overhaul, expected to pass the Senate late Tuesday or early Wednesday, could strangle one of Mexico's economic success stories, the border factories known as maquiladoras.

Latin America, Caribbean economies growing

Latin American economies are well placed to once more sustain relatively high growth rates and manage risks that could once again send their economies plummeting, said the director of the International Monetary Fund’s Western Hemisphere division.

Argentina's ailing president faces tough midterm congressional election

BUENOS AIRES (Reuters) - Argentine President Cristina Fernandez is expected to lose some of her congressional clout in Sunday's midterm election as the ailing leader faces complaints over galloping inflation and a weakening currency.

Mexican manufacturing exports dip in September

MEXICO CITY, Oct 25 (Reuters) - Mexican factory exports fell in September in a sign of slack U.S. demand while the pace of consumer imports picked up as Latin America's No. 2 economy struggles to gain speed after a weak first half this year.

Brazil needs reforms, policy predictability to grow faster - IMF

BRASILIA, Oct 23 (Reuters) - Brazil must take more decisive action to raise productivity and boost private investment if it is to restore robust growth to its once-booming economy, the International Monetary Fund said on Wednesday.

Cuba to scrap two-currency system in latest reform

Cuba is to scrap its two-currency system in the latest financial reform rolled out by President Raul Castro, official media report.