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News

The Rio Times
riotimesonline.com > brazil-traders-bet-on-an-august-selic-rate-cut-as-inflation-eases

Brazil Traders Bet on an August Selic Rate Cut as Inflation Eases

1+ hour, 3+ min ago   (839+ words) —Probability. B3 Copom options price a 75.5% chance of a 0.25-point Selic cut at the August meeting. —Hold scenario. A roughly 21% probability remains priced for no change, reflecting data-dependence. —Inflation target. Brazil operates a formal 3.00% target with a ±1.5 percentage-point band from 2025 onward. —Aggressive…...

The Rio Times
riotimesonline.com > brazil-r200-billion-credit-release-pushes-public-debt-higher

Brazil US$39 Billion Credit Release Pushes Public Debt Higher

1+ hour, 1+ min ago   (980+ words) Fiscal Anchor Under Strain —The proposal. The government weighed exempting roughly R$200 billion (US$39 billion) from the constitutional spending cap. —Debt trajectory. Analysts warned gross debt could climb toward 90% of GDP by the end of the current term. —Current level....

The Rio Times
riotimesonline.com > imf-chief-praises-milei-argentina-economy-turnaround

IMF's Georgieva Backs Milei as Argentina Economy Rebounds

6+ hour, 11+ min ago   (528+ words) —The message. She said Argentina is now better positioned to meet its debt obligations after years as a serial defaulter. —The visit. Georgieva was the first IMF chief to visit Buenos Aires in eight years. —The numbers. Annual inflation has…...

The Rio Times
riotimesonline.com > colombia-inflation-6-14-percent-central-bank-rate-12

Colombia’s Inflation Hits Two-Year High of 6.14% Despite 12% Interest Rate

6+ hour, 13+ min ago   (626+ words) —The reading. Colombia’s annual inflation reached 6.14% in June, a two-year high and above every analyst forecast. —The rate. The figure landed just over a week after the central bank raised its benchmark interest rate to 12%. —The hike. Banco de la República…...

The Rio Times
riotimesonline.com > mexico-markets-ipc-peso-tuesday-july-28-2026

Mexico Markets: IPC & the Peso — July 28, 2026

7+ hour, 6+ min ago   (992+ words) Mexico’s benchmark S&P/BMV IPC — the Bolsa’s main equity barometer — jumped 1.17% to 67,158 points on Monday, a decisive move that stood out against a largely flat S&P 500 and mixed regional peers. The session belonged to Mexico’s consumer giants. Femsa…...

The Rio Times
riotimesonline.com > colombia-comptroller-fiscal-risk-warning-petro-contracts-2026

Colombia’s Comptroller Flags Fiscal Risk After Petro-Era Contract Surge

17+ hour, 45+ min ago   (786+ words) —The warning. Colombia’s Comptroller General issued a formal fiscal risk warning after a sharp rise in public-sector contracts. —The numbers. 14,414 contracts worth approximately COP 4.55 trillion (USD 1.1 billion) were signed in a post-election-law surge. —Core concerns. Weak budget planning, contract concentration,…...

The Rio Times
riotimesonline.com > bancolombia-housing-loans-grow-cibest-rentals

Bancolombia Housing Loans Jump 13% as Cibest Eyes Rentals

1+ day, 5+ hour ago   (749+ words) —Portfolio Growth Grupo Cibest’s housing loan portfolio grew 13.25% year-over-year as of March 31, 2026. —Portfolio Size The mortgage book reached COP 34.8 trillion, equivalent to approximately US$8.4 billion. —Strategic Shift The group is expanding into multifamily rental and office real estate alongside traditional…...

The Rio Times
riotimesonline.com > colombia-interest-rate-avila-final-hike-july-2026

Colombia Interest Rate Set for Final Avila Hike to 12.50%

1+ day, 5+ hour ago   (967+ words) —Expected Decision Analysts forecast a 50-basis-point hike to 12.50% at the July 31, 2026 meeting. —Current Rate The benchmark policy rate stands at 12.00% ahead of the decision. —Inflation Context Headline inflation was 5.8% and core inflation 6.0% in May, both well above the 3% target. —Board…...

The Rio Times
riotimesonline.com > ghana-eurobond-buyback-revenue-measures-imf-2026

Ghana Pays Eurobond Early as Parliament Passes Contentious Revenue Bills

2+ day, 4+ hour ago   (1065+ words) A daily Africa read from a Latin American newsroom. Free. —Early payment. Ghana fully settled a US$700 million Eurobond obligation on 2 July 2026, ahead of schedule. —Total service. Payments to Eurobond holders reached US$2.1 billion since January 2025 under the restructured deal....

The Rio Times
riotimesonline.com > argentina-credit-defaults-household-delinquency-2026

Argentina Credit Defaults Climb Toward 16% of Borrowers

3+ day, 22+ min ago   (784+ words) —Household default rate 16.1% of individual borrowers were in default as of May 2026, according to BCRA data. —Overall private-sector NPL ratio Reached 9.7% in May 2026, up from 2.0% in November 2024. —Corporate default rate Companies recorded a much lower delinquency rate of 3.5% in the…...