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LATIN AMERICA: IDB adds to calls for renewable energy
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DOI: 10.1108/OXAN-ES285718
ISSN: 2633-304X
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The Brazilian financial system, which is still dominated by five state and private banks, saw slower loan growth and worsening asset quality in 2023 due to high inflation and…
The government has continued to absorb banks’ liquidity to close the fiscal deficit, with most private investors reluctant to finance the Treasury. The decline in demand for…
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DOI: 10.1108/OXAN-DB280606
ISSN: 2633-304X
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In this context, the government has recently launched two debt renegotiation initiatives: “Desenrola Brasil” (Develop Brazil) under the Ministry of Finance and “Renegocia!”…
Unforeseen losses of BRL43bn (USD8.2bn) discovered in its balance sheet in early January prompted a sharp fall in the company's share price. Uncertainty regarding the undeclared…
The relationship is diversifying into new sectors, although the exchange of LAC commodities for Chinese manufactures remains at the centre. The relationship will continue to…
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DOI: 10.1108/OXAN-DB272109
ISSN: 2633-304X
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Soon after taking office, President Mauricio Macri announced a "rain of new investments" from foreign companies attracted by the business-friendly tone set by his administration…
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DOI: 10.1108/OXAN-DB212198
ISSN: 2633-304X
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BRAZIL: Central Bank will opt for rate cut prudence
On March 12, Griesa rejected Citibank's petition that its Argentine branch be allowed to make an interest payment falling due on March 31 on dollar-denominated bonds issued under…
ARGENTINA: Citibank CEO sanction may not be the last