The Colombian peso’s rally, mirroring the 15% increase seen in Mexico’s peso in 2023, might be drawing to a close. Analysts from Natwest Markets and BBVA have alerted local media that the currency’s growth has probably stretched too far. The U.S. is reducing interest rates and adopting a more cautious stance. Meanwhile, Colombia faces political […]
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Brazil’s pension system is under pressure, with experts predicting a dire financial shortfall by 2024. A recent report from the National Treasury projects a deficit of R$326.2 billion ($63.3 billion), escalating to R$25.5 trillion ($4.95 trillion) by 2100 if no reforms are implemented. This alarming trend is driven by increasing informality, a sluggish formal job […]
