(Reuters) – Finance ministers from across Latin America and the Caribbean on Wednesday called on the Inter-American Development Bank (IDB) to look at new finance tools to mitigate the economic…
SANTIAGO (Reuters) – LATAM Airlines detailed a financing plan on Wednesday that the company hopes will finalize its exit from bankruptcy in the first week of November. The company filed…
By Kylie Madry MEXICO CITY (Reuters) – U.S. planemaker Boeing Co sees travel in Latin America ramping up more quickly than in other regions as countries loosen regulations and household…
NEW YORK (Reuters) – The International Monetary Fund on Tuesday raised its 2022 economic growth forecasts for Latin America and the Caribbean and lowered its growth projection for 2023 on…
NEW YORK (Reuters) – Social and infrastructure investments can be key drivers of growth for Latin America and the Caribbean as countries now face the longer-term effects of the pandemic…
LIMA – The governments of Mexico, Argentina, Ecuador and Bolivia on Saturday backed the continuation of Pedro Castillo’s presidency in Peru, where he is facing several criminal investigations and constant…
SANTIAGO – Shareholders of LATAM Airlines, Latin America’s largest air transport group, approved Tuesday a bankruptcy reorganization plan, following last month’s approval by the U.S. bankruptcy court for the southern…
By Dietrich Knauth (Reuters) – LATAM Airlines Group SA, the largest air transport group in Latin America, on Monday asked a bankruptcy judge to approve $2.75 billion in new loans…
By Arathy Somasekhar HOUSTON – U.S. refiners imported about 1.3 million barrels per day (bpd) of crude and fuel oil from Latin America in April, the highest in seven months…
By Tatiana Bautzer NEW YORK – Investors have been reducing valuations of Latin American startups during the global stock market rout and in an environment of higher interest rates, said…
SANTIAGO – LATAM Airlines Group SA, the largest air transport group in Latin America, said on Wednesday that it garnered support from almost all of its creditors for a reorganization…
MEXICO CITY – Chile’s LATAM Airlines received backing by a majority of its unsecured creditors in its Chapter 11 bankruptcy exit plan, the airline said Friday. LATAM, which filed for…
NEW YORK – The prospect of tighter financial conditions due to the war in Europe and a more hawkish Federal Reserve, alongside concern over a deceleration in China’s growth, are…
By Anthony Esposito MEXICO CITY – Central banks from Brazil to Chile may be forced to dole out more monetary “medicine” than expected as inflation in the region continue to…
By Tatiana Bautzer SAO PAULO – Latin American bankers expect investors to overlook political worries in the region this year and keep investing in local companies, buoyed by strong commodities…
By Rodrigo Campos NEW YORK – Latin America has served as a respite for whipsawed emerging market investors during the first quarter, as accelerating inflation and a more hawkish U.S.…
NEW YORK – The poorest will be the hardest hit across Latin America and the Caribbean by the economic fallout from Russia’s invasion of Ukraine, with the region facing further…
By Anisha Sircar and Rodrigo Campos NEW YORK – A rate hike cycle that started last year and low valuations had already made Latin America a darling destination for investors…
By Lisa Pauline Mattackal – Visa Inc, the world’s largest payment processor, will partner with payment and financing firm Tribal to expand its offerings for small-and-medium-sized businesses in Latin America…
NEW YORK – Latin American stocks outperformed their peers and the developed world in January and some regional currencies are among the strongest against the dollar so far in 2022,…
NEW YORK – Inflation rose the most in 15 years in some of Latin America’s largest economies last year, but credible monetary policies have kept long-term price increase expectations anchored,…