CARACAS (Reuters) – Venezuela’s effort to curb high inflation by stabilizing exchange rates is becoming less effective as the local…
U.S. prepared to authorize Chevron to boost Venezuela’s oil output
By Marianna Parraga HOUSTON (Reuters) – Chevron Corp could soon win U.S. approval to expand operations in Venezuela and resume…
Chevron’s Venezuelan oil exports will not profit state-run PDVSA – Washington source
HOUSTON (Reuters) – A U.S. license allowing Chevron Corp to expand Venezuela’s oil production and export its oil will be…
Uber, delivery apps propose offering Mexico drivers social security
MEXICO CITY (Reuters) -Tech giant Uber and delivery apps DiDi and Rappi have proposed offering social security benefits to workers…
Colombian Congress approves royalties budget for 2023-2024
BOGOTA (Reuters) – Colombia’s Congress on Wednesday approved a budget for investing billions of dollars in royalties from hydrocarbons and…
Moody’s sees debt loads of large Latin American sovereigns likely staying high
MEXICO CITY (Reuters) – Moody’s Investors Service on Wednesday said the debt loads of large Latin American sovereigns will likely stay…
Brazil’s central bank chief criticizes spending plan uncertainties
BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto on Wednesday reiterated concerns about the spending program planned by…
Mexico’s central bank not about to ‘decouple’ from Fed on rates, board member says
MEXICO CITY (Reuters) – The Mexican central bank is “not ready yet to decouple” from the U.S. Federal Reserve, and…
Brazil’s Nubank rolls out Mexican savings accounts, debit card
By Cassandra Garrison MEXICO CITY (Reuters) – Brazil’s Nubank, Latin America’s star financial technology firm, began launching Mexican savings accounts…
Analysis-In emerging markets, the bulls are back again
By Marc Jones LONDON (Reuters) – After some of the biggest losses in emerging markets on record this year the…