Wealth Growth Daily

Latin America

Brazil’s central bank chief criticizes spending plan uncertainties

BY Reuters  • November 23, 2022November 23, 2022
BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto on Wednesday reiterated concerns about the spending program planned by the government of President-elect Luiz Inacio Lu[...]
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Business Economy Latin America Politics

Mexico’s central bank not about to ‘decouple’ from Fed on rates, board member says

BY Reuters  • November 23, 2022November 23, 2022
MEXICO CITY (Reuters) – The Mexican central bank is “not ready yet to decouple” from the U.S. Federal Reserve, and to do so prematurely could weaken the peso currency, Bank of Mexico[...]
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Business Central America Economy Latin America

Brazil’s Nubank rolls out Mexican savings accounts, debit card

BY Reuters  • November 23, 2022November 23, 2022
By Cassandra Garrison MEXICO CITY (Reuters) – Brazil’s Nubank, Latin America’s star financial technology firm, began launching Mexican savings accounts on Wednesday as it looks to sc[...]
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Business Central America Economy Latin America Technology US

JPMorgan expects to keep growing in Latin America with improved outlook

BY Reuters  • November 23, 2022November 23, 2022
By Tatiana Bautzer SAO PAULO (Reuters) – JPMorgan Chase & Co will keep growing in Latin America over the next few years as it expects the region’s geopolitical outlook to improve, said[...]
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Business Environment Latin America US

Mexico headline inflation seen easing in early November, core inflation up: Reuters Poll

BY Reuters  • November 22, 2022November 22, 2022
MEXICO CITY (Reuters) – Mexico’s annual headline inflation is forecast to have eased in the first half of November but to have stayed well above official targets, a Reuters poll showed Tue[...]
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Business Central America Economy Latin America

Bankman-Fried’s FTX, senior staff, parents bought Bahamas property worth $300 million

BY Reuters  • November 22, 2022November 22, 2022
By Koh Gui Qing NEW PROVIDENCE, Bahamas (Reuters) -Sam Bankman-Fried’s FTX, his parents and senior executives of the failed cryptocurrency exchange bought at least 19 properties worth nearly $12[...]
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Business Economy Latin America Technology Updated US

Brazil transition team asks Bolsonaro govt to halt Petrobras asset sales

BY Reuters  • November 22, 2022November 22, 2022
SAO PAULO (Reuters) -The transition team for Brazil’s President-elect Luiz Inacio Lula da Silva has asked the current administration to halt ongoing asset sales by state-run oil giant Petrobras[...]
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Business Latin America Politics Updated

Analysis-Mexican companies could resort to more spinoffs to enhance market value

BY Reuters  • November 22, 2022November 22, 2022
By Valentine Hilaire MEXICO CITY (Reuters) – Mexican companies are spinning off sports, gambling and cell-tower businesses in a bid to revive depressed stock prices, with more such deals likely[...]
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Business Central America Economy Europe Latin America

Bolivia lowers 2023 growth projection as general strike goes on

BY Reuters  • November 21, 2022November 21, 2022
LA PAZ (Reuters) – Bolivia’s economy is forecast to grow 4.8% in 2023, less than the 5.1% growth previously forecast, the government announced on Monday during the presentation of next yea[...]
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Business Economy Latin America
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