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International green bond market set to strengthen

Location:

INTERNATIONAL

Green bonds.

El Salvador faces risk of sovereign debt default

Location:

EL SALVADOR

High fiscal financing needs and an USD800mn external bond maturity in January 2023 increase the risk of default given the country’s limited access to financial markets. According…

Currency controls will not curb crisis in Argentina

Location:

ARGENTINA

The surprisingly ample victory of opposition candidate Alberto Fernandez over President Mauricio Macri in the August 11 presidential primaries triggered a currency run and a sharp…

Mexico capital outflows point to investor uncertainty

Location:

MEXICO

The administration’s continuous attacks against certain private-sector interests, domestic and foreign, have also rattled investors, seemingly contributing to increased capital…

Argentine debt talks will be tense as doubts persist

Location:

ARGENTINA

Speaking before Congress on February 13, Guzman said Argentina had the willingness but not the ability to repay debt. He proposed a gradual path to a balanced budget, to be…

Any recovery of Mexico’s Pemex will be slow

Location:

MEXICO

According to preliminary figures, Pemex lost 333 billion pesos (17.8 billion dollars) in 2017, an increase of 74% on the 2016 shortfall. Oil production reached its planned target…

Tourism slump will add to Uruguay's economic woes

Location:

URUGUAY

Tourism has seen a sharp drop in the current summer season, affecting foreign exchange inflows at a time when the economy is already slowing and general elections are due in…

Post-pandemic recovery will be protracted in Peru

Location:

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…

Monetary easing may quicken in Brazil this year

Location:

BRAZIL

At its first meeting of 2017, on January 10-11, the COPOM reduced the benchmark Selic interest rate to 13%. The 75-basis-point (bp) rate cut decision, the largest in nearly five…

Ecuador economy plans may run into difficulties

Location:

ECUADOR

The second had been delayed pending the inauguration of President Guillermo Lasso and confirmation of his commitment to the agreement’s objectives. Lasso reached a new deal last…