BRASILIA (Reuters) – Brazil Treasury secretary Rogerio Ceron on Monday said the sooner monetary easing begins, the sooner conditions will be created for an “adequate” 2024, emphasizing that high interest rates have an impact on the public debt cost. In an interview with local news channel BM&C News, Ceron said that nearly 90% of the…
By Dave Graham MEXICO CITY (Reuters) – Urbane, socially progressive and eager to put Mexico on the world stage, Marcelo Ebrard presents a sharp contrast to the popular, sharp-tongued defender of the country’s impoverished hinterlands he hopes to succeed as president. Having followed once in the footsteps of President Andres Manuel Lopez Obrador as mayor…
By Marion Giraldo MEXICO CITY (Reuters) – Latin America’s major central banks, which have led some of the most aggressive tightening over the last two years, may now be poised to lead the world on interest rate cutting amid clear signs of slowing inflation in places like Chile and Brazil. The potential key inflection point…
MEXICO CITY (Reuters) – A stubborn surge of inflation has led central banks worldwide to adapt monetary policy to protect people and businesses from price increases, with many raising interest rates in step with the U.S. Federal Reserve. However, the central banks of major Latin American economies have been holding their rates even as those…
By Sara Merken NEW YORK (Reuters) – A U.S. judge on Thursday imposed sanctions on two New York lawyers who submitted a legal brief that included six fictitious case citations generated by an artificial intelligence chatbot, ChatGPT. U.S. District Judge P. Kevin Castel in Manhattan ordered lawyers Steven Schwartz, Peter LoDuca and their law firm…
MEXICO CITY (Reuters) – Hundreds of same-sex couples and transgender people in Mexico City celebrated weddings and the completion of administrative processes to change their gender on Friday, in a mass ceremony a day before the city’s annual gay pride march. Some 120 couples met the requirements to get married under the slogan “Hand in…
(Reuters) – Brazilian President Luiz Inacio Lula da Silva on Saturday urged the European Union and the Mercosur to set aside arrogance and negotiate the long-awaited trade agreement between the blocs with common sense. “It’s important to remember that we need the EU and they need us very much. So it’s important that we put…
By Elida Moreno PANAMA CITY (Reuters) – The Panama Canal will postpone depth restrictions that were set to affect the largest ships crossing the key waterway, the canal authority said, after much-needed rain provided relief to the strained maritime passage. A series of measures were scheduled to go into effect on June 25 and July…
MEXICO CITY (Reuters) – The World Bank said it had approved on Friday a $700 million operation for Mexico to promote public policies to create economic opportunities and expand social security for women. The operation is set to help close gender gaps, provide access to better jobs, improve safety on public transport and systems to…
(Reuters) – Tropical Storm Bret continued its path through eastern Caribbean islands early Friday, striking the region with winds and heavy rain. Early morning the storm reached Saint Vincent and the Grenadines with storm-force winds which extended outward up to 185 kilometers (115 miles) from the center, said the meteorological services of the island in…
