Germany's TÜV SÜD has pulled out of conducting safety assessments of dams after the collapse of a Brazilian dam it had vetted killed almost 250 people in January, the industrial inspection firm's chief executive told Reuters.
Latin American stocks broadly rose on
Monday as signs of stimulus for major economies lifted global
sentiment, while currencies in the region were dented by a
stronger dollar.
Stocks in Mexico ...
The cost of insuring against an Argentine sovereign default rose on Monday after opposition candidate Alberto Fernandez said the country would struggle under present conditions to repay a loan to the International Monetary Fund.
Brazil stocks rose for a second straight
session on Monday, as signs of stimulus for China's slowing
economy eased growth worries, although currencies in the region
weakened in line with their ...
Germany's TÜV SÜD has pulled out of conducting safety assessments of dams after the collapse of a Brazilian dam it had vetted killed almost 250 people in January, the industrial inspection firm's chief executive told Reuters.
Argentina’s Treasury Minister Nicolas Dujovne has resigned, saying in a letter seen by Reuters on Saturday he believed the government needed “significant renewal” in its economic team amid a crisis which saw the peso plunge this week.
Brazil's backsliding on Amazon conservation under right-wing President Jair Bolsonaro and a likely Peronist return to power in Argentina could delay or even derail ratification of an EU-Mercosur trade agreement that took two decades to negotiate. Deforestation has surged since Bolsonaro's election last year.
* S&P SAYS ARGENTINA LONG-TERM SOVEREIGN RATINGS LOWERED TO 'B-' AS MARKET TURBULENCE WEAKENS CREDITWORTHINESS; OUTLOOK NEGATIVE. * S&P SAYS LOWERED LONG-TERM FOREIGN AND LOCAL CURRENCY SOVEREIGN CREDIT RATINGS ON ARGENTINA TO 'B-' FROM 'B' * S&P SAYS NEGATIVE OUTLOOK REFLECTS RISKS ARGENTINA FACES AS THE AUTHORITIES WORK TO STABILIZE ECONOMY & FINANCIAL MARKETS.
Argentina's central bank must toe a politically fraught line between supporting the peso without blasting through the bank's reserves, as policymakers seek to salvage the currency ahead of October's presidential election, analysts said on Friday.
Most Latin American stocks rose on
Monday, joining a rebound in global markets on hopes of fiscal
and monetary stimulus in major economies, while Argentina was
handed a fresh blow as Fitch downgraded ...
News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.
PDF’s require Adobe® Reader® and will open in a new window.
