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S&P cuts rating on Belize

Standard & Poor’s has cut Belize’s sovereign credit rating deeper into junk territory highlighting a potential “further deterioration” in the central American country’s ability to service its debt. The rating…

Mexico prepares for tough negotiations with Trump’s America

Mexico’s President Enrique Peña Nieto will be thankful he rolled out the red carpet for Donald Trump when he invited him to visit in August. Tough negotiations — especially on…

Venezuela: A nation in bondage

On a street corner in downtown Caracas, near the Miraflores presidential palace, Miriam Bolívar and other diehard supporters of Venezuela’s government tend what amounts to a shrine to chavismo —…

Foreign investors show faith in Argentina with bond-buying spree

Financial markets buzzed with excitement when a new business-friendly administration proudly declared this year that Argentina was “back” after 12 years of populist rule. In a world where returns on…

Colombia’s coming peace dividend

An new era is opening up for Colombia, as the promise of peace, prosperity and opportunity becomes more and more tangible. As Latin America’s oldest democracy and one of its…

Mexican economy bounces back in Q3

Mexico’s economy has rebounded strongly from its first period of contraction in three years, registering better than expected growth of 1 per cent in the third quarter. Quarter-on-quarter GDP growth…

Canada and EU reach finishing line over trade deal

Canada and the EU will sign a long-awaited trade agreement on Sunday after overcoming delays due to objections in Belgium’s French-speaking Wallonia region, according to Canadian prime minister Justin Trudeau. …

Argentina’s debt bonanza buys time, raises risks

Less than a year ago, Argentina was on the brink of a balance of payments crisis after 12 years of populist rule. But dollars have flooded into the economy since…

Bank of Canada renews 2% inflation target agreement

No surprises here. The Bank of Canada on Monday renewed its 2 per cent inflation target agreement. The agreement, first signed with the government in 1991, is renewed every five…

Brazil faces budget disaster, says speaker

Brazil’s economy could face disaster if congress does not pass important reforms to cap budget spending and stop a blowout in its pension bill, according to the powerful speaker of…