Mexico stages Act II of high-stakes Nafta talks
Argentina to receive US$950mn water financing from IDB
Dominga spat sparks cabinet shake-up in Chile
Mexico cenbank raises GDP outlook, sees inflation falling

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Argentina watchdog chief pulls no punches over corruption impact
LatAm fails to keep pace with other EMs in growth stakes
Downgraded, Venezuela seen heading for default
News Banking Regional

Downgraded, Venezuela seen heading for default

Fitch downgraded Venezuela's ratings on Wednesday due to an increased risk of a debt default. Despite a current account surplus, oil prices are not expected to rise sufficiently to rescue the cash-starved administration of President Maduro, said BMI Research, who expects a debt default.

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