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Post-pandemic recovery will be protracted in Peru

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PERU

Peru’s previously buoyant economy has been badly affected by the COVID-19 pandemic, contracting by around 13.38% in the first ten months of this year. Investment has been hit, as…

Uruguayan government challenges will mount this year

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URUGUAY

Lacalle Pou’s pension reform has passed the Senate, educational reforms are under way and he is pushing infrastructure works. However, the opposition Frente Amplio (Broad Front…

IMF deal will bring little relief in Argentina

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ARGENTINA

The new agreement envisages a primary surplus of 2% of GDP, a zero general deficit and reserves accumulation of USD10bn; it includes no new funding. However, the widening gap…

Optimistic expectations of Colombia’s Petro pose risks

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COLOMBIA

Turnout, at over 58%, was the highest since 1974. Petro’s largest leads were recorded in coastal departments (regions); he also secured a majority in Bogota. Although he has…

Argentine economic outlook will worsen this year

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ARGENTINA

The severe drought’s impact on export earnings has fuelled fears of devaluation, increasing exchange pressures and forcing the government to implement further domestic debt swaps…

Prospects for Brazil in 2019

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PROSPECTS 2019

Prospects for Brazil in 2019.

Fiscal package aims to ease Argentina default fears

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ARGENTINA

Fiscal and debt stabilisation plans.