Moody’s recent reports show mixed fortunes for corporate bonds in Latin America. Brazil faces challenging times for the rest of 2023. In contrast, Mexico shows promise. Moody’s also points to weak loans in Argentina and the El Niño impact in Colombia. In Brazil, Moody’s predicts low commodity prices until 2024. This affects many companies. Consumer […]
Related Posts
2024 Gasoline Price Trends in Latin America and Beyond
In 2024, the global average gasoline price is set at $1.30 per liter, equivalent to $4.90 per gallon, as announced by Global Petrol Prices. Different tax, subsidy policies, international oil prices, refining costs, and transportation significantly shape varying fuel prices. The trend generally shows wealthier countries having higher gasoline prices, while poorer and oil-producing countries […]
Dynamics of the Dollar: Shifting Gains in Global Currency Markets
The dollar gained against the Euro and British Pound amid speculation about interest rate differences between the U.S. Fed and European banks. Despite these increases, the dollar remained stable overall, following new US economic data that prompted a reassessment of the Fed’s potential easing of monetary policy. In New York’s latest trading session, currency values […]
Argentina Broadens Gun Use Rules for Federal Forces
On Wednesday, Argentina unveiled a rule change allowing federal forces to use guns in violent incidents. This includes arresting those who resist or try to escape. The move aims to tackle the recent wave of violence in Rosario. Security Minister Patricia Bullrich explained, “Guns are used when officers or citizens are in immediate danger from […]