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Wednesday, April 8, 2015

Argentina puts heat on Citibank after Paul Singer deal

Argentina isn’t going to let Citibank get off scot free after striking a deal with billionaire hedgie Paul Singer.

Monday, April 6, 2015

Venezuela Looks to Hugo Chavez Oil Belt to Fix Sick Economy


You can't miss it, rising off the main highway, a mountain of toxic soot towering over the flat, sunbaked scrubland of eastern Venezuela.

Sunday, April 5, 2015

Brazil posts unexpected primary deficit in February

BRASILIA, March 31 (Reuters) - Brazil posted an unexpected primary budget deficit of 2.3 billion reais ($721 million) in February, central bank data showed on Tuesday, highlighting the challenges the government faces in achieving its closely watched fiscal goal this year.

Saturday, April 4, 2015

Argentina to make debt coupon payment as normal - Economy Ministry

BUENOS AIRES (Reuters) - Argentina will make an interest payment on its restructured debt on Tuesday as planned, an economy ministry spokeswoman said, although payment will almost certainly not reach most bondholders.

Friday, April 3, 2015

Punished by Fitch, Mexico’s Legacy of Bad Deeds Ignored in Bonds

(Bloomberg) -- Fitch Ratings says it’s still punishing Mexico’s companies for past sins. Bond investors, though, are proving to be more forgiving.

Friday, February 27, 2015

Thursday, February 26, 2015

Venezuela Still Seen Defaulting in 2015 by Deutsche Bank

(Bloomberg) -- With oil prices ticking up and new financing commitments, cash-strapped Venezuela is persuading traders and analysts alike to back away from calls the country will default this year. But not everyone is buying it.