Mexico floods will not affect proposed 2013, 2014 budget deficits -government

MEXICO CITY (Reuters) - Mexico's proposed budget deficit goals for this year and 2014 will not be affected by some of the worst storm damage in decades, the Finance Ministry said on Saturday.

Serial Defaulter Burnishes Taper-Proof Status: Argentina Credit

Argentina is enriching debt investors with returns that are nine times the average in emerging markets this quarter, underscoring the nation’s status as a haven against Federal Reserve policies that have whipsawed developing-nation bondholders.

Audi’s Return Shows Bet That Leases Spur Sales: Corporate Brazil

Carmakers in Brazil are anticipating leases will spur demand for new models as a tax incentive expires and companies such as Audi AG (NSU) start local production in Latin America’s biggest economy.

Mexico to escape recession after floods, but risks to growth rise: Reuters poll

MEXICO CITY (Reuters) - Mexico is unlikely to be dragged into recession by severe flooding that has laid waste to large areas of farmland, destroyed homes and killed dozens of people, but the flooding has increased risk, a Reuters poll showed on Wednesday.

Brazil's Economy to Grow 2.4% in 2013, Industry Group Says

BRASILIA--Brazil's economy should grow about 2.4% this year after growth of 0.9% in 2012, the country's National Confederation of Industries, or CNI, said Wednesday.

In Latin America, Brazilian Banks Fill Void Left by Global Giants

SÃO PAULO, Brazil — The erratic performance in Latin American markets in recent months is leading some global banks to shy away from volatile regions and rethink their strategies. But for investment bankers based here, their home market is a growth market.

Mexico: Emerging market opportunity next door?

Have global investors been missing the emerging market right next door?