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  • Argentina's GDP shrinks in Q2

    Argentina's GDP shrank 4.2% year-on-year in the second quarter, according to statistics agency Indec. Interest rate hikes, capital outflows, a weakened peso and a drought, among other factors, have taken their toll on the country. ...

  • Brazil's central bank maintains Selic rate

    Brazil's central bank has kept its Selic benchmark interest rate unchanged, but market players see the monetary authority paving the way for a rate hike in the near term. The bank maintained, late Wednesday, its base rate at 6.50%. ...

  • Debt in frontier markets on the rise

    Total debt in so-called frontier markets (FM) has increased by around US$230bn since 1Q17, surpassing US$2.8tn in this year's first quarter, according to the Institute of International Finance. "The rise has been sharpest in the...