Brazil retail sales smash market forecasts in March
SAO PAULO (Reuters) – Brazil’s retail sales smashed market estimates in March, growing more than the highest forecast in a…
Latin America
Brazil yet to consolidate disinflation, central bank chief says
BRASILIA (Reuters) – Brazil faces challenges in consolidating disinflation despite progress made so far, central bank chief Roberto Campos Neto…
IMF’s Gopinath sees ‘sizeable’ upside inflation risks, says markets too optimistic
WASHINGTON (Reuters) – The International Monetary Fund’s no. 2 official said on Wednesday she sees sizeable risks that inflation will…
Argentine shoemakers and tailors buckle under 109% inflation
By Horacio Soria BUENOS AIRES (Reuters) – In Juan Capano’s shoemakers’ workshop on the outskirts of Buenos Aires, 109% inflation…
With barbed wire and warnings, migrants stopped at US-Mexico border
By Daina Beth Solomon and Jose Luis Gonzalez CIUDAD JUAREZ, Mexico (Reuters) – After hours of waiting on the U.S….
Ecuador assembly begins impeachment hearing against President Lasso
By Alexandra Valencia QUITO (Reuters) -Ecuador’s National Assembly on Tuesday began an impeachment hearing against President Guillermo Lasso, who could…
Brazil’s government eyes tax tweaks to boost revenue -sources
By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Brazil’s Finance Ministry is preparing a new set of initiatives to…
Mexican president: ‘No problem’ if Grupo Mexico buys Citi’s Banamex unit
By Brendan O’Boyle MEXICO CITY (Reuters) -Negotiations over the sale of Citigroup Inc’s Mexican retail bank Citibanamex are “going really…
Russian court sentences Colombian man to 5 years in prison for ‘fake news’
(Reuters) – A Colombian man has been sentenced to five years and two months in prison for spreading “fake news”…
U.S. refiners build new oil processing as travel rises
By Erwin Seba HOUSTON (Reuters) – U.S. oil refiners aim to run at up to 94% of a total 17.9…