CARACAS--Venezuela's economy grew 5.5% in 2012, spurred by a sweeping government initiative to address a housing shortfall of 2.7 million homes in the South American country, according to preliminary data released by the central bank Thursday.
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Sunday, December 30, 2012
Saturday, December 29, 2012
Paraguay Looking to Emulate Bolivia With First Dollar Bond Sale
Paraguay, the only Latin American economy set to contract this year, plans to issue the first dollar bonds in its two-century history in the first quarter of 2013 to tap booming global demand for higher yielding debt.
Thursday, December 27, 2012
Mexico finds some US allies in trade dispute
As tomato growers in Florida and some other states fight a 16-year-old agreement that they contend allows farmers in Mexico to export tomatoes at a price below their costs, the Mexican farmers are finding allies in the United States.
Wednesday, December 26, 2012
Colombian CPI Debt Deflated by Most-Effective Bank: Andes Credit
Colombia’s fixed-rate peso bonds have returned three times as much as debt linked to consumer prices this year, after inflation defied economists’ forecasts and fell to a two-year low.
Tuesday, December 25, 2012
Brazil November Unemployment Rate At 4.9% Vs 5.3% In October - IBGE
RIO DE JANEIRO--Brazil's unemployment rate fell dramatically in November as labor markets in Latin America's largest economy remained tight, pushing local wages to the highest level recorded under the government's current survey.
Monday, December 24, 2012
Colombia Cuts Rate to 4.25% to Lift Slowest Andean Growth
Colombia’s central bank cut interest rates for a second consecutive meeting today, as policy makers try to revive the slowest economic growth in the Andean region.
Sunday, December 23, 2012
Mexico’s new government: Coming out swinging
HE ONLY took office on December 1st, but Mexico’s new president is setting a furious pace. Having laid out sweeping changes to education and set up a new anti-corruption commission, Enrique Peña Nieto went on to unveil potentially far-reaching reforms of public security.
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