Treasury Secretary Scott Bessent announced the deal on X on Thursday, saying, “Argentina faces a moment of acute illiquidity. The international community—including [the International Monetary
Category: Americas
The Bank of Canada encourages financial industry innovation and competition to counteract US tariffs.
On Thursday, the Bank of Canada cautioned against enforcing further financial sector restrictions, instead advocating for policies that promote innovation and competition, which it claimed
Mexico’s antitrust watchdog accuses 21 banks of forming a cartel for price fixing.
In a document released by the government agency and obtained by reporters, Mexico’s antitrust watchdog COFECE concluded that 21 banks and financial organizations operating in
Argentina seals a $12 billion IMF accord and lifts most of capital controls.
President Javier Milei made the risky announcement on Friday that he will relax the majority of the nation’s stringent capital and currency controls the following
Canadian steel and aluminum plants are hit by US tariffs, as hundreds of workers are laid off.
U.S. President Donald Trump’s tariffs have resulted in the layoff of hundreds of Canadian workers, many of whom were employed in the steel and aluminum
Canada with 260,000 refugee case backlogs launches ads warning asylum claims hard.
Canada is starting a global internet ad campaign warning asylum-seekers that it is difficult to make a claim, despite once portraying itself as one of
Argentina’s economy is in ruins as 1,000 pesos worth $58 in 2017 is now $1.
The size of Argentina’s largest banknote in circulation has increased by five times to 10,000 pesos, or roughly $10, due to the country’s prices rising
China overtakes the U.S. as South America’s largest trading partner with a $3.5b Silk Road mega port.
Chancay, a fishing hamlet in Peru, welcomed a group of Brazilian farmers and politicians in September. The allure was a brand-new mega port being built
Argentina’s government will raise $3.2b via the issuance of 10-year bills to the central bank to settle debts.
The cash-strapped government of Argentina plans to issue 10-year bills to the central bank to earn $3.2 billion in hard currency to cover debt repayments,
Argentina is on the brink of social murder with a 50% devaluation of the peso and the removal of subsidies.
As part of shock measures that new President Javier Milei claims are necessary to address an economic emergency, Argentina announced on Tuesday a significant depreciation
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