News
Argentina's country risk hits an eight-year low as rating upgrades lift dollar bonds
10+ hour, 5+ min ago (449+ words) Merco Press Argentina's country risk hits an eight-year low as rating upgrades lift dollar bonds Argentina's country risk closed this week at 421 basis points, its lowest level in eight years, amid a strong recovery in dollar-denominated sovereign bonds driven by…...
Argentina taps the local market to fund a $4. 2 billion bondholder payment due July 9
2+ day, 9+ hour ago (424+ words) Merco Press Argentina taps the local market to fund a $4. 2 billion bondholder payment due July 9 Argentina's Economy Ministry on Monday completed the placement of the Bonar 2028 (AO28), a dollar-denominated bond under local law, raising most of the funds needed to face…...
Brazil softens Selic rate but concerns grow about fiscal stimulus on election year and impact of El Ni'o
2+ week, 14+ min ago (473+ words) Montevideo, June 19th 2026 - 05: 32 UTC Brazil's central bank interest rate-setting committee, Copom, "unanimously voted on Wednesday to lower its benchmark Selic rate by 25 basis points to 14. 25%, a level last seen in May 2025, "but acknowledging a tougher inflation outlook given the risks from…...
Uruguay enjoys 'positive discrimination' but must lift investment and productivity, BBVA says
2+ week, 1+ day ago (445+ words) Merco Press Uruguay enjoys 'positive discrimination' but must lift investment and productivity, BBVA says Uruguay enjoys a "positive discrimination" relative to other economies for its institutional solidity, respect for agreements and political maturity, but its economic growth has been low…...
Warsh to succeed Powell at the Fed with inflation at three-year high
1+ mon, 2+ week ago (564+ words) The US Senate on Wednesday confirmed economist Kevin Warsh as the 17th chair of the Federal Reserve in a 54-45 vote, in a transition that hands control of the world's most influential central bank to President Donald Trump's pick at a moment…...
Brazil central bank cuts Selic interest rate 25 points to 14. 50%
1+ mon, 3+ week ago (329+ words) Merco Press Brazil central bank cuts Selic interest rate 25 points to 14. 50% Brazil's Central Bank following its two days meeting 2829 April of the Monetary Policy Committee (COPOM) announced the reduction of its SELIC rate by 25 basis points to 14. 50%. The cut, which…...
Uruguay's Economy Minister worried by too much success
6+ mon, 1+ week ago (258+ words) Montevideo, April 30th 2026 - 22: 33 UTC Uruguay's Economy Minister Gabriel Oddone announced Monday that his country's GDP was projected to expand by 2. 3% this year. While the figure is slightly lower than initial government forecasts, Oddone emphasized that it represents more than double the…...
Paraguay's economy projected to grow this year above expectations
6+ mon, 3+ week ago (293+ words) Montevideo, April 30th 2026 - 19: 01 UTC Paraguay's Central Bank (BCP) significantly revised its economic forecast this week, estimating that the country's Gross Domestic Product (GDP) will expand by 6% by the end of 2025, a sharp increase from the initial 3. 8% projection. "All high-frequency, short-term, and…...
Brazil's productive sectors uneasy with Selic kept at 15%
7+ mon, 3+ week ago (373+ words) Montevideo, April 30th 2026 - 06: 49 UTC Brazil's Central Bank's (BCB) Monetary Policy Committee (Copom) decided on Wednesday to maintain the basic Selic interest rate at 15% per annum, which drew long faces among the country's industry, commerce, and trade sectors. For the National Confederation…...
UK government borrowing costs rise to their highest since 2008 financial crisis — Merco Press
2+ mon, 3+ day ago (106+ words) The extent to which UK is exposed to the ongoing energy shock, as a consequence of the Iran war, and fears or rising inflation, was exposed by the British government's borrowing costs that have risen to their highest level since…...