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Moody's has actually upgraded Argentina's credit score from Ca to Caa3 with a positive outlook. The company applauded President Javier Milei's financial adjustments for reducing financial imbalances. This enhancement reflects Argentina's decreased risk of default and better debt payment capacity.Milei's federal government has actually significantly cut public debt from 1
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Read more: Moody's Boosts Argentina's Credit Rating, Citing Fiscal Progress Under Milei
Write comment (91 Comments)The Brazilian stock exchange concluded a volatile week with a minimal boost, showing the ongoing tug-of-war between different economic factors.According to Reuters, the Ibovespa index closed at 122,446.94 points, marking a weekly gain of 0.14%. The marketplace's performance was influenced by several key elements.Vale's stock (VALE3) saw an uptick, b
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Read more: [Brazil] - Ibovespa Ends Week with Slight Gain Amid US Policy Uncertainties
Write comment (96 Comments)Turkish Airlines and LATAM Brasil have broadened their codeshare agreement, adding five new Brazilian routes from São Paulo Guarulhos Airport.
This partnership, reported by AeroRoutes on January 22, 2025, now includes flights to Aracaju, Manaus, São Luiz, Uberlândia, and Vitória. The expanded collaboration strengthens both airlines’ market posi
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Read more: Turkish Airlines and LATAM Brasil Expand Routes, Boost Connectivity
Write comment (98 Comments)The Brazilian stock market took a breather from its recent rally. Ibovespa, Brazil’s main stock index, closed below 123,000 points on Wednesday.
Vale’s stock decline put pressure on the index. The losses were partially offset by Wall Street’s positive performance. Ibovespa fell 0.30% to 122,971.77 points.
This ended a three-day winning streak.
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Read more: Ibovespa Drops Below 123,000 as Vale Shares Decline
Write comment (92 Comments)U.S. Secretary of State Marco Rubio will embark on his first overseas trip to Central America and the Caribbean. The State Department announced this on January 23, 2025.
Rubio plans to visit Panama, Guatemala, El Salvador, Costa Rica, and the Dominican Republic. This tour underscores the Trump administration’s focus on regional issues, particularly
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Read more: Rubio’s Central American Tour Highlights Immigration and Canal Tensions
Write comment (100 Comments)Peru’s mining and logistics sectors may soon see a significant boost. Anglo American and DP World have shown interest in expanding their operations in the country. This news came from the Peruvian government after meetings at the World Economic Forum in Davos.
DP World, the Dubai-based port operator, is considering a $1 billion investment to expand
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Read more: Anglo American and DP World Set Sights on Peru Expansion
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