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Chile has the highest credit rating in Latin America, and S&P Global Ratings has kept it at A. But the agency now expects the country's budget repair to take longer, with debt rising until 2029. The post Chile Credit Rating Stays at A as S&P Warns Budget Repair Will Take Longer appeared first on The Rio Times .
We haven't written up this one. The Rio Times has the full story — the link below goes straight to it.
Mexico has no national unemployment insurance, so few people can afford to stay jobless. Its rate edged up to 3.0% in August, while factory jobs fell by 263,000 in a year.
Argentina owes the IMF about US$58 billion, more than any other country. On Friday 25 September it starts repaying the principal of its 2022 loan, with US$793 million.
With household loan defaults at a record 5.8% and a presidential vote on 4 October, Lula is set to unveil a plan for the Treasury to buy up old consumer debts at discounts of up to 95%.
Money from migrants equals about 30 percent of Honduras's economy. By 10 September it had reached US$9.33 billion this year, up 11.4 percent, despite rising US deportations and a new US tax on cash…
New Delhi, Sep 25: Bangladesh’s persistent high inflation reflects deeper structural weaknesses in the economy and faulty policymaking, rather than just volatility in global markets or temporary…
When economists think about how much utility is gained from additional economic resources the basic assumption is that an additional amount of income or wealth increases utility, but by a diminishing…
