Economy
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/Z7J2CUI6IRF6ZJY7BMFXAFBUQQ.JPG "How Feasible Is Brazil and Argentina’s Proposal for a Common Trading Currency?")
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How Feasible Is Brazil and Argentina’s Proposal for a Common Trading Currency?
Authorities in both countries have ratified their intention to advance with the plan, but experts warn of the challenges they could face in the short term
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/RSGZUKZVTVHEXAG5XGPQAFX4XQ.jpg "Chart: Economists Forecast Somber Year for LatAm Economies, Especially Chile")
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Chart: Economists Forecast Somber Year for LatAm Economies, Especially Chile
Brazil, will expand just 0.8%, while Chile’s will contract 1%, according to the average estimate of economists in a Bloomberg News poll
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/YQMM245HBFEOHB5U6S5P4CK6PE.jpg "‘Massa Is Not Messi’; Argentina’s Bond Buyback An Unlikely Win, Goldman Sachs Says")
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‘Massa Is Not Messi’; Argentina’s Bond Buyback An Unlikely Win, Goldman Sachs Says
Alberto Ramos, the US investment bank’s head of macroeconomic research for Latin America, tells Bloomberg Línea that Argentina’s economy minister is unlikely to score a win with his bond buyback plan
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/ARWXX3HNG5ALLIYOEJE2USMGUA.jpg "Which Latin American Country’s Sovereign Bonds Are the Riskiest?")
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Which Latin American Country’s Sovereign Bonds Are the Riskiest?
Venezuela holds the lead in terms of negative bonds, but Argentina and El Salvador are also high-risk
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/MEDAYNLOPJDZHLNIQOOZQI5XH4.jpeg "US Unemployment Rate Rises Among Latino Men, Black Women")
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US Unemployment Rate Rises Among Latino Men, Black Women
Despite unemployment having fallen in the country, some sectors have yet to return to a pre-pandemic rhythm of activity
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/7ULGHD6XIVBMXOQCE3XX3L4NDE.jpg "Argentina’s Ghost Banks: Branches Remain Open as Costly ATMs")
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Argentina’s Ghost Banks: Branches Remain Open as Costly ATMs
Argentine banks lag peers in shutting branches to cut costs
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/DKBNJF5FLVDKNJ43DMZTWYD7HI.jpg "World Bank to Warn of Sharp Global Recession Risk in Economic Outlook")
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World Bank to Warn of Sharp Global Recession Risk in Economic Outlook
The warning is contained in an abstract for the bi-annual “Global Economic Prospects” report due for release on Tuesday
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/27D3NC5KUNDLRHX4CVRSIWC3HA.jpg "5 Economic Challenges Facing Latin America In 2023")
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5 Economic Challenges Facing Latin America In 2023
The slowdown in global economic growth expected this year will have a negative impact on the region, which still has major issues to resolve
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/HETRMUOUZV2VMHYV27GZHDPMZY.jpg "Brazil’s Lula Announces More Cabinet Picks")
News in English
Brazil’s Lula Announces More Cabinet Picks
The president-elect has named 16 more ministers to his cabinet, with 13 more to be named before he takes office on January 1
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/4CBNAXXWT5HHVHJY2KG7NWFXEM.jpg "Mexico to Renew Anti-Inflation Pact With Businesses In February")
News in English
Mexico to Renew Anti-Inflation Pact With Businesses In February
Businesses have shown interest in continuing the agreement, and the government plans to extend it again beyond its current end date