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Hedge Funds Remain Cautious as Wall Street Turns Bullish on Brazil
As some of Wall Street’s largest banks urge clients to take optimistic positions on Brazil, local hedge funds are expressing...
Brazil’s Central Bank Increases Interest Rates to Tackle Rising Inflation
Brazil's central bank has raised its benchmark interest rate for the first time since 2022, signaling a shift in monetary...
Argentina’s Economy Plunges Further into Recession Amid Austerity Measures
Argentina's economic recession deepened in the second quarter of 2024, with a 1.7% contraction compared to the previous quarter, marking...
Vale to Reuse Mine Waste for Iron Ore Production by 2030
Brazilian mining giant Vale S.A. plans to produce 10% of its iron ore from mine waste, or tailings, by 2030,...
IMF Delegates Argentina Program Negotiations Amid Tensions
The International Monetary Fund (IMF) announced a shift in its negotiations with Argentina, with Rodrigo Valdes, Director of the Western...
Mexico’s Commercial Vehicle Sales Poised for Record-Breaking Year Amid Nearshoring Boom
Mexico's commercial vehicle market is on track to set a new sales record in 2024, with industry leaders pointing to...
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