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Latin America Business News

June 2014 Archives

Mexico’s Economic Activity Increase Slightly in April

Mexico’s Economic Activity Increase Slightly in April

Mexico's Global Economic Activity Index, or IGAE, rose 0.50 percent in April, compared to the same month last year, thanks to strength in the agricultural and service sectors, the National Statistics Institute, or INEGI, said Tuesday. continue reading »

U.S. Supreme Court Refuses to Hear Argentina’s Appeal on Bond Debt

U.S. Supreme Court Refuses to Hear Argentina’s Appeal on Bond Debt

The U.S. Supreme Court refused on Monday to hear the Argentine government's challenge to lower court rulings ordering Buenos Aires to pay $1.3 billion to a group of hedge funds led by New York-based Elliott Management Corp.'s NML Capital Ltd unit. continue reading »

Mexican Economy Sets Record for Auto Production and Exports

Mexican Economy Sets Record for Auto Production and Exports

Automobile production and exports hit a record level in the January-April period, rising 5.8 percent and 8.7 percent, respectively, compared to the first four months of 2013, the Mexican Automotive Industry Association, or AMIA, said. continue reading »

Immigrants Set $61.25 Billion in Remittances to Latin America in 2013

Immigrants Set $61.25 Billion in Remittances to Latin America in 2013

Emigrants remitted $61.25 billion to Latin America and the Caribbean in 2013, just about the same amount they had sent home the previous year but below the figure before the 2008 financial crisis, according to a report released on Tuesday. continue reading »