LONDON (Reuters) – Banks in countries such as Ukraine and Turkey face a “very high” risk from restrictions on capital flows, weak international reserves and a high level of foreign c[...]
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Central America
Mexico, U.S. plan pitch by early 2023 to lure firms from abroad
MEXICO CITY (Reuters) – Mexican Economy Minister Raquel Buenrostro and U.S. Secretary of Commerce Gina Raimondo on Friday agreed to set out a plan by early 2023 for the relocation of companies f[...]
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Mexico to hike minimum wage by 20% in 2023, raising inflation worries
MEXICO CITY (Reuters) – Mexico will raise the minimum wage by 20% next year after employers, labor representatives and the government reached an agreement, officials said on Thursday, although s[...]
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Budget airline Volaris expands El Salvador-United States routes
MEXICO CITY (Reuters) – Low-cost carrier Volaris’ El Salvador operation will expand its flights to the United States, adding three new routes out of the San Salvador airport, the company s[...]
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In Peru’s hills, an artisanal miner boom frustrates Big Copper’s plans
By Marco Aquino and Marcelo Rochabrun TAPAIRIHUA, Peru (Reuters) – In the hills of Tapairihua in Peru’s Andes, Samuel Retamozo and other artisanal miners have found a rich seam of copper o[...]
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Exclusive-To protect Pemex, Mexico’s energy ministry tried to block stricter flaring rules: documents
By Stefanie Eschenbacher MEXICO CITY (Reuters) – Mexico’s energy ministry tried earlier this year to block the publication of stricter rules on natural gas flaring, according to documents[...]
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China’s BYD to sell EVs in Mexico in 2023, aims for up to 30,000 sales in 2024
By Kylie Madry MEXICO CITY (Reuters) -Chinese electric-vehicle maker BYD said on Tuesday it will launch its cars in Mexico next year, with a senior executive pegging its sales target at up to 30,000 v[...]
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Brazil stocks set to rally 13% by end-2023 despite policy uncertainty: Reuters poll
By Gabriel Burin and Noe Torres BUENOS AIRES/MEXICO CITY (Reuters) – Brazil stocks will rally by double-digits through end-2023, despite uncertainty about new government policies as President-el[...]
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Decision on North American auto rules dispute ‘imminent’, Canada says
MEXICO CITY (Reuters) – A decision should be made very soon on a dispute pitting Canada and Mexico against the United States on the interpretation of regional trade rules in the auto industry, C[...]
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