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In a decision that defied global shifts toward libertarian and reformist policies, Canadians re-elected the Liberal Party, led by former Bank of Canada Governor Mark Carney, for a fourth consecutive term.
Securing 164 seats in the 338-seat House of Commons, the Liberals edged out the Conservatives’ 147, with the New Democrats (NDP) and Bloc Q
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Read more: Canada’s Liberals Win Again, Betting on Continuity Despite Economic Decline
Write comment (98 Comments)Argentina’s Central Bank has decided to stop buying US dollars unless the peso’s value drops sharply. This move, announced in April 2025, changes how the country manages its currency and affects everyone from shop owners to families saving for the future.
For years, the government tightly controlled how people and businesses could buy dollars. Many
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Read more: Argentina’s Central Bank Steps Back: What the New Dollar Policy Means for Everyday Life
Write comment (90 Comments)The Port of Callao, Peru's main maritime entrance, now stands at the center of a major improvement, according to official statements and data from Peru's port authorities, DP World, and government financial investment agencies.This port, which misuses 80% of Peru's imports and exports, has recently completed a $400 million expansion of its South T
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Read more: Callao Port Modernization Anchors Peru's Ambition for Regional Trade Dominance
Write comment (99 Comments)Fomento Económico Mexicano (FEMSA) reported a 102.2% year-over-year net profit surge to $297.2 million in Q1 2025, driven by explosive growth in its Brazilian OXXO stores.
Consolidated revenues rose 11.1% to $10 billion, with same-store sales climbing 5.6% on a comparable basis, according to its April 28 financial disclosure. Brazilian operations
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Read more: Brazil’s OXXO Growth Offsets FEMSA’s Global Challenges in Q1 2025
Write comment (92 Comments)Analysts project Uruguay’s economy to expand by 2.5% in 2025, unchanged from April’s central bank survey median, despite downward revisions by global institutions like the IMF (2.8%) and World Bank (2.3%).
The Ministry of Economy has yet to release official forecasts, leaving uncertainty ahead of budget talks. Last year’s 3.1% GDP rebound, fueled b
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Read more: Uruguay’s Economy Faces Subdued Growth Amid Fiscal and Global Pressures
Write comment (97 Comments)Brazil’s Central Bank reported April 28 that analysts cut 2025 inflation projections to 5.55%, down from 5.57% the prior week, but still above the 4.5% target ceiling.
The Focus Bulletin, a weekly survey of financial institutions, reveals persistent pressure from food, energy, and administered prices, despite five Selic rate hikes since August
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Read more: Focus: Brazil’s Inflation Battle Intensifies as Growth Hangs in Balance
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