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Tax shifts may mar agriculture outlook in Argentina

Location:

ARGENTINA

High export taxes on the soya complex have encouraged farmers to shift to corn. Rising export earnings will help to strengthen international reserves and tax revenues. Argentina’s…

Argentina spending cuts aim to ease primary deficit

Location:

ARGENTINA

Massa also extended peso debt maturities through a successful debt swap. On the political front, he was able to overcome the resistance of Vice-President Cristina Fernandez de…

Tight monetary policy to strengthen Mexican peso

Location:

MEXICO

Banxico justified the move as an attempt to curb inflationary expectations and eventually reduce inflation. It should also boost the peso, making the currency more attractive to…

Volatility of Mexican peso likely to worsen in 2018

Location:

MEXICO

The peso is depreciating sharply due to renewed uncertainty surrounding the North American Free Trade Agreement (NAFTA). Further volatility may be caused by an acrimonious and…

Mexico’s high interest rates will support strong peso

Location:

MEXICO

The peso this month has hit its strongest nominal levels since April 2016, closing at MXN17.43:USD1 on May 15 -- an increase of MXN0.13 on the previous day. The accumulated…

Argentina stabilisation plan will prove challenging

Location:

ARGENTINA

With Milei now predicting six months of stagflation and up to two years to reduce inflation from triple digits, dollarisation appears to have been shelved. Instead, he seems…

Macri faces conflicting pressures in Argentina

Location:

ARGENTINA

Although styled as the more 'business-friendly' candidate, Macri will face numerous challenges in making rapid macroeconomic changes, despite the need to do so. Since 2003, when…

Prospects for Argentina to end-2023

Location:

PROSPECTS H2 2023

Although pre-election spending normally militates against a sharp drop in growth in election years, there is little margin for this in a context of low reserves, spiralling…

Prospects for Argentina in 2020

Location:

PROSPECTS 2020

Prospects for Argentina in 2020.

Pandemic to worsen recession and instability in Haiti

Location:

HAITI

World Bank and IMF financial support totalling USD142mn, in the form of grants and zero-interest loans, will help partially to cover increasing external and fiscal financing gaps…