Revelia News
Investing Opportunities Emerge in Latin AmericaOn the heels of a deep and long-lasting bear market, Latin American stocks may benefit from economic improvements and attractive valuations in 2023.
Key Takeaways
- Inflation in Latin America peaked in June 2022, giving policymakers more runway to potentially begin slowing monetary tightening&mda...
Some of the world’s top economists have weighed in on Argentina and Brazil’s plan for a common currency: ‘This is insane’The second-largest currency bloc in the world began taking shape in South America this week, and the world’s foremost economic minds are baffled.
Brazil’s and Argentina’s presidents confirmed their plan to create a common currency provisionally called the “sur” ...
Argentine President vows to work with China in fight for Falklands 'sovereignty'Argentine President Alberto Fernández has told a Chinese-state news outlet that Bueno Aires will continue to push claims on the Falklands Islands.
President Fernández has made clear the Argentine government is unwilling to drop the country's contentious claims over theFalkland Island...
Cuban President Díaz-Canel meets with Argentine business sectorBuenos Aires - Cuban President Miguel Díaz-Canel held an enriching exchange with Argentine businessmen, whom he thanked for doing business with the island despite the economic, commercial and financial blockade imposed by the United States.
Visiting Buenos Aires to participate in the 7th S...
Why would South America want a single currency?According to theFinancial Times, Argentina and Brazil are “starting preparatory work on a common currency”. Eventually, the plan is to invite other South American nations to join — whichwould create the world’s second biggest monetary union (after the Eurozone).
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Brazil and Argentina are discussing whether to combine currenciesArgentina and Brazil are in the preliminary stages of renewing discussions on forming a common currency for financial and commercial transactions, the leaders of the two nations reveal.
Argentina and Brazil are in the preliminary stages of renewing discussions on forming a common currency...
Brazil-Argentina summit to focus on trade, economic integrationBrazilian President Lula da Silva and Argentinian counterpart Fernandez are looking into a common currency.
Brazil’s President Luiz Inacio Lula da Silva has arrived in Argentina for a summit where the two countries will work to foster stronger trade ties.
Lula’s arrival Mond...
Brazil's unemployment continues to fall to seven-year lowBrazil's unemployment rate continued to fall in the three months from September to November 2022, hitting a new seven-year low of 8.1 percent, official figures published on Thursday showed.
It is the sixth successive rolling quarter that unemployment figures have fallen, reaching the lowest fi...
Rich investors pull out of Chile, leaving behind a US$50-billion holeChile, Latin America’s stand-out economy for the better part of 50 years and a darling of Wall Street, is in many ways facing an existential moment.
Its Milton Friedman-inspired constitution isstill intact, for now. But virtually everywhere you look, once sacrosanct pillars of the cou...
What’s Behind Riots in Brazil and Peru?Brian Winter calls himself an optimist when it comes to Latin America. He’s covered the region for decades—these days, he’s editor of Americas Quarterly. But after the first few weeks of 2023, he says he’s struggling with that optimism. “I worry sometimes that I he...
