Mexico raises rates to shore up peso

Currency has taken hammering since Britain voted to leave EU

©Paulo Fridman

Luis Curi wants deeper Brazil-Lebanon ties

The businessman says Brazil’s auto market crisis is an ‘embarrassment’ to be overcome

Venezuela peace emissary stays optimistic

Ex-Dominican president leads ‘dialogue’ in crisis-hit country

Latin America: Under new management

The region is rejecting populism even as the US and Europe flirt with it

Oi in Brazil’s biggest bankruptcy filing

Telecoms operator weighed down by $19bn of debt

Ex-Kirchner official held over cash bags

Former planning aide accused of trying to bury $9m in convent

Peru’s new president seeks to heal divisions

Ex-Wall St banker vows market reform mixed with populist measures

Venezuela gives boost to bond investors

Against the odds, the country has met its debt repayments

Brazil woes provide export silver lining

Rise in container traffic fuelled by currency weakness

Macri eyes $400bn foreign cash stash

Argentina’s president plans big tax amnesty to fund spending boost

Peru hits back at US fund on $1.6bn claim

Gramercy files for arbitration over long-defaulted bonds

Brazil’s data reveal depths of recession

Economy shrinks 5.4% in evidence of trouble facing new government

Brazil economy shrinks 5.4%

Contraction less than feared but nation faces its worst recession

Brazil moves to shrink the state

Temer’s interim government is trying to deflate bloated spending

Lufthansa grounds flights to Venezuela

German airline cites economic woes and currency controls

Capriles rallies voter revolt in Venezuela

Opposition leader seeks recall referendum to remove president

Nicolás Maduro, Venezuelan lord of misrule

Isolated president sits tight as country slides deeper into chaos

Brazil taps Ilan Goldfajn as bank chief

Interim government is recruiting big names in effort to restore confidence

Fragile recovery in emerging markets

Policymakers would be ill advised to slack off reform

Brazil: Tales of everyday agony

The decline from emerging market star to struggling nation is taking its toll on Rio’s citizens