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Bolivia’s Opposition Said to Challenge Arce’s Presidency
The government has expressed concern about a legislative coalition possibly shortening President Luis Arce’s term in Bolivia. This coalition includes opposition parties and a faction led by former President Evo Morales. Presidential spokesperson Jorge Richter shared these concerns on a broadcast program. Richter didn’t label the situation a coup but noted a strategy to weaken […]
Hedge Funds’ Optimism on Copper Signals Growth for Chile, Peru, and Mexico
Hedge funds are increasingly positive about copper, vital for the economies of Chile, Peru, and Mexico. Delphos Investment’s report reveals this sector’s net copper position is at a 13-month high, showing significant confidence. As of March 26, this net position reached $3.173 billion, highlighting a robust increase from the prior week’s $568 million, according to […]
Brazil’s Central Bank Targets Simplification of Foreign Investments
The Central Bank of Brazil, led by Regulation Director Otavio Damaso, aims to streamline foreign portfolio investments. Optimizing foreign exchange market operations is also a key objective for the year. This initiative is part of adapting the Foreign Exchange Law, emphasizing public consultation before finalizing any regulatory measures. Damaso also noted that staff demands for […]