Guido Chamorro News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Official projections showed Claudia Sheinbaum, the protege of President Andres Manuel Lopez Obrador, winning by at least 30 percentage points.

(Bloomberg) -- For most of the past decade, some of the world’s wealthiest investors poured billions of dollars into Latin American telecom companies, betting they would win by luring in customers with cheaper rates.Most Read from BloombergUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsUS Inflation Refuses to Bend, Fanning Fears It Will Get StuckChinese Cement Maker Halted After 99% Crash in 15 MinutesBond Trader Places Record Futures Bet on Eve of Inflation DataApple’s India iP

Ecuador’s President Guillermo Lasso’s decision to drop out of the August general elections, possibly to avoid prosecution, spared the country from a political crisis, but what will it mean in the long run? With the remaining candidates representing a wide range of ideologies, the outcome will strongly influence the country’s direction.

Emerging-market countries have about $13.7 billion in debt maturing through the end of 2023.

Having beaten the Fed & Co off the blocks when it came to raising interest rates, parts of the developing world will be the front runners again when it comes cutting them, although the timing now