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Latin America News

Latin American News is information from press agencies around the globe. This information is collected, checked and processed in our newsroom.

Itaú bank reduces Brazil’s primary deficit to 1.6% in 2023, but sees debt on a persistent trajectory

Itaú Unibanco revised its estimate for Brazil's primary deficit in 2023 from R$205 billion (1.9% of GDP) to R$170 billion (1.6% of GDP). The revision...

Bahia, Brazil: largest popular religious festival in Salvador, Lavagem do Bonfim returns after two years

The biggest popular religious festival in Salvador, capital of Bahia, the Lavagem da Escadaria da Igreja do Bonfim, resumed this Thursday, the 12th, after...

Brazilian economic activity drops in November but annual rate maintains growth of 3.15%

Brazilian economic activity drops in November but annual rate maintains growth of 3.15% Brazilian economic activity fell 0.55% in November compared to October, but maintains...

Health insurer crisis fuels uncertainty in Chile

Uncertainty is rising around the direction of private health insurers in Chile. This 2023 may be the "beginning of the most difficult year in history"...

The alarming projection of the Argentine soybean harvest based on satellite images

As many grain traders focus on Argentina's three-year drought, a meteorologist is using satellite imagery to make an alarming projection: the nation's next soybean...

Colombia starts 2023 with one of the strongest currencies in the world: will it last?

Although the dollar in Colombia just started in January touched $5,000 again, this Thursday the currency was quoted at $4,675, its lowest level since...

Itaú bank warns shareholders about risks posed by Lula da Silva’s economic policy

Itaú bank's asset management arm, Itaú Asset, issued a warning about the impacts of Brazil's economic policy under Lula da Silva's (PT) government. In a...

Lula da Silva raises the tone with the military

After stating that the Armed Forces are not the moderating power, President Lula da Silva said that he "has lost confidence in part of...

IMF admits economic concern over ‘civil unrest’ in Brazil and Peru

The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, warned this Thursday, 12, that there is concern about “civil unrest” in countries...

What jurists say about STF banning demonstration in Brazil

By Leonardo Desideri Justice Alexandre de Moraes, of the Federal Supreme Court (STF), decided on Wednesday (11) to prohibit, without temporal delimitation, any demonstration that...

When thousands of left-wing protesters attacked government buildings in Brazil in 2017

By Fernando Beltrán Last Sunday, after the assault on the headquarters of the institutions of the three powers in Brasilia by thousands of protesters sympathetic...

Governor of the Brazilian Federal District says plan to contain protests was sabotaged

The governor of the Federal District (DF) removed from office, Ibaneis Rocha (MDB), said that there was sabotage of security in the District, encouraging...

Lula da Silva government should give up additional minimum wage increase

The government of President Luiz Inácio Lula da Silva (PT) should not readjust the minimum wage above R$1,302, an amount still authorized in the...

Brazil: judges at bail hearings are powerless to release jailed protesters

The judges who are conducting the custody hearings of the arrested protesters, due to the protests in Brazilian Three Powers headquarters, are not having...

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