Bitcoin users still represent a tiny minority, but some believe that the currency will become more popular in Venezuela as economic uncertainty escalates
President Nicolas Maduro has ordered an almost immediate withdrawal of Venezuela’s most commonly used bill, this debacle is a product of recent history.
Venezuela's highest denomination banknote has ceased to be legal tender, in a move that has caused cash chaos and long queues at banks this week.
Some Venezuelans are turning to Bitcoin ‘mining’ operations as a way to earn a decent living during the crisis, but the stakes are high.
Venezuela is issuing new higher-value notes to help deal with some of the practical problems of soaring inflation.
Donald Trump's victory in Tuesday’s U.S. presidential election drove the Mexican peso down to a record low against the dollar.
The Brazilian government has frozen the bank accounts of Rio de Janeiro state, ordering it to pay millions of dollars in overdue debt.
Citibank sells off its retail operations in the country to focus on corporate and investment banking.
Peru has issued $3 billion in sol-denominated bonds in an operation which reduced its dollar-denominated debt and extend average due dates.
The U.S.-Cuba banking relationship was severed on Sept. 17, 1960, when Cuba confiscated Chase, National City Bank of New York and Bank of Boston branches on the island.
The IMF recommends the country not only to decrease expenditures but to increase taxes and continue to conduct structural reforms.
Despite stumbles relating to low commodity prices, Mexican peso devaluation, inflationary pressures and Brexit, Mexico’s central bank still expects reasonable growth.
President Macri introduces a new bank note. But the state of Argentina’s economy is worrying
After going three years without emitting bonds, the Central American state hopes to find some breathing room by putting some up for sale.
Bolivia’s government has hired China’s Beijin Urban Construction Group to expand the Viru Viru International Airport in the eastern city Santa Cruz and make it a regional hub for passenger and cargo flights.
The country’s national government payed 9.3 billion dollars to vulture funds, putting an end to its struggle in courts abroad.
The organization is concerned on how it affects economic activity, and positioned it as key during their meeting in the Bahamas.
Argentina has returned to the international borrowing markets with a sale of sovereign bonds that ends 15 years of exile since its 2001 default.
The institution’s governor, Zhou Xiaochuan, called LatAm “a region full of potential” despite economic stumbles over the last year.
While countries like Venezuela and Brazil ache over falling commodity prices, Central America rejoices over the US recovery.
Rising inflation in the US could signify that the high appreciation the Dollar has been enjoying could soon be coming to an end.
Discussion of the capacity for innovation in LatAm and the Caribbean began on Thursday in The Bahamas at the annual Inter-American Development Bank assembly