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US policy moves create China openings in Latin America

Location:

LATIN AMERICA/CHINA

Chinese opportunities in Latin America.

Remittances will further bolster Mexico’s economy

Location:

MEXICO

Mexico has overtaken China in having the second-highest remittance income in the world, behind only India, which receives around USD100bn per year. Growth has been uninterrupted…

Latin America remittances growth will slow in 2022-23

Location:

LATIN AMERICA

Migrants from LAC sent home a record amount of money in 2021 as the employment situation improved for many of them in the United States, where the great majority live…

Mexican banks face good year despite slower GDP growth

Location:

MEXICO

The most high-profile news to come out of the sector in 2022 was Citigroup’s decision in January to sell its local retail operations, a process that is still ongoing.

Fintechs may shake up traditional banking in Brazil

Location:

BRAZIL

Although fintechs may increase efficiency and competition in the financial system, they may also pose risks to the banking sector if they are poorly regulated. In March the…

Proposed Mexican financial legislation sparks concerns

Location:

MEXICO

The move, however, has proven controversial, generating a backlash over its potential impact on commercial banks and the central bank (Banxico), which sees it as a threat to its…

Mexico fintech sector to boom as the economy struggles

Location:

MEXICO

Mexican fintech growth.

Obama's Cuba visit is a balancing act for Castro

Location:

CUBA/US

While the government of President Raul Castro has welcomed the historic move, it has concerns regarding the domestic impact of the event. To avoid any impression of ceding to…

Costa Rica’s new president faces immediate challenges

Location:

COSTA RICA

Coming in response to a major ransomware cyberattack launched against Costa Rica’s public IT systems in mid-April, the move is intended to streamline state responses to the…

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…