Peruvian economy recovers in June and minister says "the worst is over"
In June last year, growth was 2.09% year-on-year
OPEC sees bearish oil outlook for the rest of 2019, points to 2020 surplus
The Organization of Petroleum Exporting Countries lowered its forecast of oil demand growth by 40,000 barrels per day (bpd) this year
Key rate cut in Mexico stimulates economic growth: AMLO
Mexican President Andrés Manuel López Obrador said that the benchmark interest rate cut by the central bank stimulates economic growth
Cuban government imposes price controls as it seeks to keep lid on inflation
The measures included increased wages and pensions for more than 2 million state employees
Stocks gain on stimulus hopes but still head for third losing week
Stocks took a beating this week after the U.S. yield curve
Mauricio Macri shelves sales taxes as he seeks to cut left's lead
Macri announced an end to sales taxes on basic food products until the end of the year in a bid to salvage his re-election prospects and end an economic crisis
The fear of a "default" in Argentina increases after the collapse of the markets
The Credit Default Swap (CDS) prices for Argentina's five-year debt totaled 2,116 basis points
Colombian Central Bank seeks to lower inflation, but without hurry
The bank manager said that inflation would end this year by 3.6% due to temporary shocks in the prices of food and regulated products
Global economy outlook darkens due to escalation in tariff warfare: Ifo Institute
According to a survey in 110 nations, measurements on expectations and economic conditions have been getting worse this trimester
Peru’s Central Bank does not rule out new interest rate cut in September
The bank is evaluating the possible impacts on the economy after the official proposal to advance the general elections one year before 2020
Brexit agreement is "the best deal possible", EU Commission says
Johnson has insisted Britain will leave the EU on Oct. 31 with or without a deal
Argentina's recession would be deeper this year: Central Bank
The survey carried out monthly by the monetary authority estimated a growth of the South American economy of 2% in 2020
US rejected Maduro's lawsuit against Citgo directive of opposition Guaidó
The ruling represents a major obstacle for Maduro's lawyers in an attempt to revoke Guaidó's directive
Bulgaria's Georgieva climbs from communism to IMF head hopeful
Georgieva has posted a black-and-white picture of her family, with the comment: "From a village in Bulgaria to CEO of the World Bank
Cuba, battling economic crisis, imposes sweeping price controls
Cuban President Miguel Diaz-Canel announced earlier this month that the government had adopted a series of emergency measures to fight economic stagnation
Colombia’s Central Bank reduces GDP projection, inflation will exceed target
Colombia’s Central Bank reduced its economic growth forecasts for this and next year well below government goals while raising its inflation projection for 2019 over the target
IMF drastically cuts Latin America's growth projection in 2019
The International Monetary Fund said "temporary factors" affect the production and growth of the region
Colombia wants to enter the world copper market
The South American country has so far focused its mining activity on coal and gold, but taking advantage of the potential in other resources, it wants to intensify copper exploration and production activities
Sweden in search of South American "white gold"
Several governments and car manufacturers, in the expectation of bigger demand for electric cars in the next years, are seeking to become allies of countries such as Chile, Bolivia, and Argentina, the so-called "lithium triangle" in South America
Bitcoin craze hits Iran as US sanctions squeeze weak economy
Feeling the sanctions, coming from the U.S. and targeting the Islamic Republic's economy, Iranians are increasingly turning to digital currencies like Bitcoin