No growth, no votes: An end to a reformist president’s long honeymoon
IMF is now forecasting regional GDP growth of just 1.2% in 2017, down from the 1.6% projection it made in October.
For Finance Minister, Henrique Meirelles, the government's austerity measures have brought back investor confidence and boosted the economy.
Brazil has been in recession for two years, the latest figures show, marking the deepest economic decline since records began.
As recession continues, Brazilian businesses head to Paraguay that is positioning itself as low-cost manufacturing hub
Brazilian Finance Minister Henrique Meirelles said on Wednesday that his country is returning to a path of growth and will manage to escape recession in the first quarter of 2017.
Brazil's economy plunged deeper into recession in the third quarter, dashing government hopes that a lift in consumer and business confidence would jumpstart a recovery
Optimism grows as the recession seems to be finally over
Argentina’s recession deepened in the second quarter as President Macri’s efforts to implement free-market reform exacerbated an already flagging economy. GDP fell 3.4% from the same period a year earlier