Gramercy files $1.3bn claim against Peru

Hedge fund alleges nation refuses to repay long-defaulted bonds

Argentina to pay Italian ‘holdouts’

Deal is first in country’s stand-off with international creditors

Argentina resumes ‘holdout’ creditor talks

Macri’s election raises hopes of deal in decade-long dispute

Argentina resumes talks with ‘holdouts’

President Mauricio Macri keen to ‘resolve all outstanding issues’

Brazilians are in no mood to party

Towns and cities forced to cancel carnival as recession bites

Fears Brazil may revisit statist policies

Head of Rousseff’s party calls for subsidies to reignite economy

Brazil Flag

Brazil trade surplus hits December record

Demand for foreign goods plunges as country falls into recession

Cold welcome for new Brazil finance chief

Real falls as investors doubt Nelson Barbosa can rein in deficit

Brazil vows to keep lid on budget deficit

Nelson Barbosa: ‘The pledge to maintain fiscal stability remains’

Argentine peso falls by almost a third

Investors remain calm as markets embrace reform of economy

Second rating agency cuts Brazil to junk

Fitch downgrade prompts fears of sell-off

Venezuela on edge of political crisis

Socialist government in stand-off with new assembly after defeat

Ecuador repays debt and makes history

Full repayment of bond is landmark on road from defaulter status

Macri scraps tax on Argentine farm exports

New president aims to boost low central bank reserves

Macri sworn in with vow to unite Argentina

Fernández boycotts successor’s inauguration ceremony

Brazil’s economy shrinks by record 4.5%

Recession in Latin America’s largest country is worst since 1930s

BTG Pactual replaces Esteves as chief

Brazilian investment bank distances itself from billionaire

Prat-Gay named Argentina finance minister

Mauricio Macri chooses ex banker to help reinvigorate economy

Brazil’s shoppers turn to discounters

Hybrid wholesale/retailers gain appeal as recession bites

Brazil bank chief held in Petrobras probe

‘Car wash’ corruption case widens with arrest of ruling party senator