By Miguel Lo Bianco and Horacio Soria BUENOS AIRES (Reuters) – Argentina’s inflation rate has hit just shy of 100%, the government said on Tuesday, with savers feeling more pain from some[...]
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Latin America
Mexico’s top diplomat says met with Tesla brass, ‘good news’ imminent
MEXICO CITY (Reuters) – Mexican Foreign Minister Marcelo Ebrard said on Tuesday he met with senior executives from electric automaker Tesla, teasing that “good news” is on the way, a[...]
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Resisting Lula, Brazil central bank chief makes case to keep inflation targets
By Marcela Ayres BRASILIA (Reuters) – Brazil’s central bank is not looking to change inflation targets, Governor Roberto Campos Neto said on Monday, resisting calls from President Luiz Ina[...]
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BTG Pactual joins Brazilian lenders hit by post-Americanas provisions
By Gabriel Araujo SAO PAULO (Reuters) – Banco BTG Pactual SA on Monday became the latest Brazilian lender to be affected by bad credit provisions due to what it called a “specific, widely[...]
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Venezuelans say credit cards that were once lifeline now ‘useless’
By Mayela Armas CARACAS (Reuters) – Credit cards are becoming increasingly useless in Venezuela because of high inflation and government restrictions, hurting people already struggling to meet d[...]
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Colombian airline Viva Air weighs local restructuring process
BOGOTA (Reuters) – Low-cost Colombian airline Viva Air has voluntarily started a local debt restructuring process, the company said late on Friday, as it awaits authorization of its merger with[...]
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IMF says El Salvador’s bitcoin risks have not materialized but ‘should be addressed’
By Brendan O’Boyle (Reuters) – Risks over El Salvador’s embrace of bitcoin “have not materialized,” but use of the cryptocurrency still requires transparency and attentio[...]
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New U.S. agriculture trade chief seeks to diversify buyers beyond China
By David Lawder WASHINGTON (Reuters) – U.S. chief agricultural trade negotiator Doug McKalip wants China to keep striving to meet U.S. farm goods purchase commitments under the 2020 “Phase[...]
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North American companies notch another record year for robot orders
By Timothy Aeppel (Reuters) – North American companies struggling to hire workers in the tightest labor market in decades brought on more robots last year than ever before, with many earmarked f[...]
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