US 2nd District Court rules in favour of Argentina in ongoing ‘Vulture Fund’ case; Dates back to Argentina’s $100 billion debt default; 7 percent of country’s creditors stopping repayments to 93 percent;…
China stock fall spells more worry for Latin America; Latin-Chinese trade shrinking; Latin American economies heavily dependent on China On Monday global stock markets recorded some of the worst losses…
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Argentina started the countdown to October’s first round of Presidential elections last Sunday with open primaries and party candidates competing on the same ballot. With the most popular allowed to…
Folllowing years of much publicised mounting debt, rising inflation and strict austerity measures, Puerto Rico finally defaulted on a debt payment last week for the first time in its history….
Pew Research Centre study reports Latin American middle class grew by 50 percent between 2001 and 2011; 63 million people left poverty; Argentina’s middle class records strongest growth of 114…
48th Mercosur summit closes with Bolivia becoming full member; Mercosur world’s fourth largest trade bloc, Mercosur created because of historical rivalry between Argentina and Brazil; Joined with CAN to…
IMF significantly lowers growth forecast; World Bank predicts 2015 to be worst year since financial crisis; Overall Latin American economy shrinks for fifth consecutive year; Economic problems caused by lower…
Greece receives messages of support from Latin American leaders; Support from Argentina, Bolivia, Cuba, Ecuador, Venezuela; Latin American long history of debt crises; Offer example to Greece On Sunday, Greeks…
Oxfam release ‘Extreme Inequality in Mexico’ report; Mexico is home to the world’s second richest man and 53.3 million living in poverty; Mexico in top 11 richest countries by GDP; Four…
New inheritance tax proposal met with protests; Tax to affect roughly 2 percent of population; Correa temporarily withdraws proposal; Protests call for Correa’s resignation; Correa remains highly popular thanks to…
Brazil set for $64 billion in investment; Current infrastructure limiting economic growth; Dilma turning to the private sector; Brazilian government questioned on ability to deliver on projects Last Tuesday the…