ECONOMY

Chile’s jobless rate near year low, self-employment rises

Some 80,000 jobs were created in Chile last year. That compares to 200,000 jobs created when the economy of the…

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Uruguay committed to reaching free-trade deal with China

“The executive branch is going to take this to the end, and if China wants an agreement we’ll reach an…

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Peru proposes new Asia-Pacific deal after US exit TPP

Peru's President Pedro Pablo Kuczynski on Tuesday proposed the creation of a trade bloc between member economies of the Asia-Pacific…

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IMF downgrades Latin America prospects

IMF is now forecasting regional GDP growth of just 1.2% in 2017, down from the 1.6% projection it made in…

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Investors more optimistic about Brazil’s Petrobras in 2017

In addition to US$4 billion secured in new bonds, company received US$5 billion financing from China Development Bank and finalized…

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Latin America to pay price of Trump victory in bond rush

Borrowing costs jumped in the wake of Donald Trump’s unexpected U.S. presidential election victory in November. Now that volatility has…

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Mercosur and EU look to 2017

Mercosur and EU feel “2017 is a window of opportunity”, but can't find the path despite Brexit and Trump

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Mexico central bank sells $1 billion to prop peso after Trump slump: traders

Mexico's central bank sold dollars in Mexico and New York on Thursday to fight off the peso's nose dive to…

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Cuba’s economy contracts in 2016

Castro condemns “obsolete mentality” against foreign capital, as economy contracts. In his speech, Castro appealed to a combination of foreign…

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Peru’s trade agreement with Honduras takes effect in 2017

The free-trade agreement between Peru and Honduras will took effect on Jan. 1, 2017. Peru exported $41 million of products…

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