Itaú Unibanco, a top-tier private bank from Brazil, is considering the sale of its Argentine branch and has entered preliminary talks with Banco Macro.On Tuesday (6 ), Itaú Unibanco released a statement resolving current reports concerning the potential sale, keeping in mind that it has actually not yet signed any binding agreements referring to the process.Banco

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In its most current World Economic report, the World Bank predicts Paraguay will attain a robust financial growth of 4.8 percent for the existing year.The projections for 2024 and 2025 are likewise promising, with an anticipated development rate of 4.3 percent.This development projection locations Paraguay, a landlocked nation in South America, at the forefront of

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The monetary circumstance of companies is preventing financial investments, which had a 3.4% drop in the first quarter compared to the previous three months. The information are from IBGE.Alexandre Maluf and Rodolfo Margato, economic experts at XP Investimentos, point out that companies are more indebted.The circumstance has intensified over the last 12 months.A study by TC

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In a reversal from nearly two years of gradually climbing annual inflation, April saw the indicator start to decrease to 12.82% after peaking at a historical high of 13.34% in March.While still high, May marks the second month in a row where Colombia's annual inflation has declined.For May, financial market specialists expect that Colombia's yearly i

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Ecuador's inflation rate in May 2023 displayed a marginal increase over April, resulting in a month-to-month inflation rate of 0.09%. In contrast, the year-on-year inflation for May stood at 1.97%, significantly lower than the 3.38% tape-recorded in the same month of 2022. This marks the most affordable annual inflation given that the close of 2021. As for cumulative inflation

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The World Bank has actually raised its projection for Brazil's GDP (Gross Domestic Product) development from 0.8% to 1.2% in 2023. The projection is included in the Global Economic Prospects report, released Tuesday (June 6, 2023). Regardless of the enhancement in 2023, the World Bank minimized, from 2% to 1.4%, the growth forecasts for the Brazilian economy in 2024,

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