Eloisa Capurro News Today

Latin America is once again on track to grow more slowly than the rest of the world, with the regional economy set to underperform those of South Asia and even war-battered Eastern Europe this year, according to a new World Bank report.

Uruguay steps up criticism of Mercosur at key summit, saying internal trade barriers are hurting exports to Argentina while the bloc's regulations prevent it from signing an agreement with China.

Over 200 Brazilian firms eye exporting in reais, not dollars; Lines would lift exports to Argentina amid its currency crisis.

Battle against inflation will take longer than expected, the region top economic authorities said at IMF Spring Meetings.

“The more data we see, the more serious that shock seems to be on the country,” admits Nigel Chalk, IMF acting director for the Western Hemisphere.

President Luiz Inácio Lula da Silva’s government presents a highly-anticipated fiscal rule proposal to help control the growth of public debt.  

Top Brazilian officials look to former central bank president to head the multilateral lender.

Top Brazilian officials look to former central bank president to head the multilateral lender.

With inflation forecasts reaching 100% for the year, IMF Western Hemisphere Director Ilan Goldfajn cautions Argentine officials against “different FX measures or prices."

Inflation Is Upending Politics in the Most Unequal Region on Earth