Peru has cycled through five presidents over the past five years amid impeachments, imprisonment and even suicide. Nevertheless, the country has had the rare distinction of delivering economic growth even in…
Nu Pagamentos is heading for IPO this week. The bank has had a meteoric rise in the Brazilian banking firmament which has little precedents. Nubank, as the digital bank founded…
Colombian banks will be among corporates bearing the brunt of the new tax reform, recently submitted by President Iván Duque’s government in an attempt to close the country’s fiscal gap.…
In 2014, the state of São Paulo, one of Latin America’s most heavily urbanized areas, experienced a particular climate change effect. It suffered a historic drought that lasted for more…
Retail investors’ attempts to engineer a short squeeze like the one seen in the U.S. last week have so far not been successful in Latin America. And it is unlikely…
Even as the COVID-19 pandemic rattled markets, more than 1.5 million Brazilians ventured into it for their first time in 2020. Despite GDP falling by as much as 5% and…
A lot of uncertainty still exists around how Argentine government policy will make the country’s sovereign debt sustainable, Alejandro Werner, the International Monetary Fund’s Western Hemisphere director, said during an…
The country’s finance minister has called major banks a “cartel” with sky-high interest rates. With the introduction of both open banking and PIX, the central bank is looking to change…
