Odebrecht and the government of Peru signed an agreement which will allow the Brazilian construction conglomerate to operate in the country, according to Reuters. Two sources told Reutersthat Odebrecht will have to pay an approximately US$180 million fine over 15 years and… Read More ›
The Bank of Nova Scotia, or Scotiabank, announced in late November that it intended to sell its assets in nine Caribbean countries to Republic Financial Holdings Ltd. Scotiabank’s withdrawal from nine of the 21 Caribbean countries that it operates in… Read More ›
The cabinet of Brazil‘s next president, Jair Bolsonaro, will be stacked with former military officials. The president-elect announced on Twitter his choice for Secretary of Government, retired General Carlos Alberto dos Santos Cruz. Gostaria de comunicar a indicação do General-de-Divisão… Read More ›
This article originally appeared on CentralBankNews.info on October 23, 2018. It is reproduced here with permission from the author. Paraguay’s central bank maintained its monetary policy rate at 5.25 percent for the 15th month in a row but said the more complex… Read More ›
Prices rose 16.0 percent in Argentina in September compared to the previous month, according to Indec. The overall increase in prices can be attributed more to imported products rather than domestic products. The price of imported products rose 24.4 percent,… Read More ›
USAID Administrator Mark Green announced that the United States would be providing an additional $6 million in aid to Colombia.
Officials in Argentina and Brazil signed an agreement to share some information related to the Odebrecht corruption case.