World Markets Latin America

  • MEXICO CITY, Nov 15- Mexico's central bank is seen hiking its benchmark interest rate to a nearly 10- year high of 8.0 percent on Thursday as the peso currency has taken a beating in recent weeks and analysts shift their forecasts for a weaker currency. The Bank of Mexico is expected to raise the overnight interbank rate by 25 basis points, according to 22 of 25...

  • LIMA, Nov 14- For most of this year, Walter Aduviri, the governor-elect of Peru's Andean region of Puno, had been a fugitive. The indigenous activist, 38, went into hiding after losing a sedition trial last year over deadly protests he led against Canadian mining company Bear Creek in 2011.. In his first interview with foreign media since his victory, Aduviri- who will...

  • Bolsonaro's pick of career diplomat Ernesto Araujo, 51, underscored Brazil's sharp turn to the right and the reversal of nearly a decade and a half of diplomacy under leftist Workers Party governments that focused on alliances with South American allies and ideological partners- including Cuba. "Brazil's foreign policy should be part of this moment of...

  • *USDA pegs soy, corn harvest behind trade expectations. As of 11:48 a.m. CST, Chicago Board of Trade January soybean futures were up 3-3/ 4 cents at $8.82 per bushel. Late Tuesday, the USDA said the U.S. soybean harvest was 88 percent complete, behind the average trade estimate of 91 percent and the five-year average of 93 percent.

  • MEXICO CITY, Nov 13- Tesla Inc co-founder Elon Musk and Mexico's tequila producers could be headed for a collision after the agave-based drink's industry group opposed the flamboyant billionaire's efforts to trademark an alcoholic drink dubbed "Teslaquila." Not so fast, said Mexico's Tequila Regulatory Council. The CRT keeps tabs on producers to assure they...

  • WEDNESDAY, NOVEMBER 14 JOHANNESBURG- World Bank officials to meet Zambia finance minister and government officials in the town of Livingston to discuss the economy of Africa's No. 2 copper producer, which is facing high levels of debt.. JAKARTA- Indonesia's Central Bank holds Board of Governors Meeting. ZAGREB- Croatia National Bank holds monetary policy...

  • VALENCIA/ CARACAS, Nov 13- With chronic shortages of basic goods afflicting her native Venezuela, Veronica Perez used to drive from supermarket to supermarket in her grey Chevrolet Aveo searching for food. She said she had stopped going to Venezuela's Caribbean coast, just 20 miles away. But in late October and early November, cities in the populous central...

  • Nov 13- Brazil's real was steady on Tuesday against a weaker U.S. dollar, while the Mexican peso extended losses from the last session amid uncertainty surrounding the incoming government's policies. The real edged lower, while stocks in Sao Paulo fell as a decline in oil prices hit energy stocks. Mexico's peso weakened and hit its lowest in a week and a half.

  • TUESDAY, NOVEMBER 13 JOHANNESBURG- World Bank officials to meet Zambia finance ministers and government officials in the town of Livingston to discuss the economy of Africa's No. 2 copper producer, which is facing high levels of debt.. JAKARTA- Indonesia's Central Bank holds Board of Governors Meeting. MELBOURNE- Panel Participation by Guy Debelle, RBA Deputy...

  • RIO DE JANEIRO, Nov 12- Brazil's Congress is unlikely to pass pension reform legislation this year, far-right President-elect Jair Bolsonaro said on Monday, a blow to investor hopes that caused the country's currency to weaken in futures markets. Many economists say cuts to Brazil's social security system are essential to controlling a huge federal deficit...

  • RIO DE JANEIRO, Nov 12- Brazil's far-right President-elect Jair Bolsonaro said on Monday that he thought it unlikely a pension reform would pass Congress this year.

  • CHICAGO, Nov 12- U.S. wheat futures jumped more than 3 percent on Monday on fund-driven short-covering coupled with expectations of a pick-up in export business, analysts said. As of 12:12 p.m. CST, Chicago Board of Trade December soft red winter wheat futures were up 17-3/ 4 cents at $5.19-3/ 4 per bushel after reaching $5.20, the contract's highest since Oct. 17.

  • SINGAPORE/ MANILA, Nov 12- China will further open its economy in the face of rising protectionism, Premier Li Keqiang said as he arrived in Singapore on Monday for meetings with Asia-Pacific leaders that will focus on speeding up work on a major new trade pact. Li's remarks in an article in Singapore's Straits Times newspaper came as Singapore's Prime Minister...

  • BERLIN, Nov 12- The European Union is negotiating with White House officials at all levels to avoid an escalation of trade tensions with the United States, European Commission President Jean-Claude Juncker said on Monday. "We are working at all levels with the White House," Juncker told a conference hosted by the Sueddeutsche Zeitung, adding that he would meet U.S.

  • *Investors attention shifts to economic events from earnings- traders. TOKYO, Nov 12- Japan's Nikkei edged up in choppy trade on Monday as buying of cheapened stocks was largely offset by cautious sentiment driven by weakness on Wall Street and falling U.S. tech shares. "Investors are buying on the dip today, while futures buying seemed to have kicked in when the...

  • SINGAPORE, Nov 12- Chinese Premier Li Keqiang said on Monday Beijing will further open up its economy in the face of rising protectionism, as he headed for meetings with Asia-Pacific leaders in Singapore that are expected to focus on trade tensions. "China has opened its door to the world; we will never close it but open it even wider," Li said in the article, in which he...

  • SINGAPORE, Nov 12- Chicago wheat futures edged higher on Monday, snapping three sessions of losses, on expectations of higher demand for U.S. supplies although a stronger dollar kept a lid on the market. The most-active wheat contract on the Chicago Board Of Trade gained 0.6 percent to $5.04-3/ 4 a bushel, as of 0244 GMT, having closed down 1.1 percent on Friday when...

  • BUENOS AIRES, Nov 10- Argentina's shrinking economy will bottom out in the first three months of next year and start to recover in the second quarter, an International Monetary Fund official said on Saturday. The fund last month upped the size of its standby financing deal with Argentina to $56.3 billion after negotiating tougher fiscal measures that have...

  • BUENOS AIRES, Nov 10- Argentina's shrinking economy will bottom out in the first three months of next year and start to recover in the second quarter, an International Monetary Fund official said on Saturday. The fund last month upped the size of its standby financing deal with Argentina to $56.3 billion after negotiating tougher fiscal measures that have...

  • "We want a strong Europe, it's very important to us, and whichever way we can do it the best and more efficient would be something we both want," said Trump. "We want to help Europe but it has to be fair. Macron echoed those sentiments, saying he wanted Europe to bear a greater share of the defense costs within NATO, a point he has made repeatedly since taking office, alongside...