Search Results.

President Petro is in Davos this week, attending the World Economic Forum.

CPI may yet go higher, obviously not to those seen on the streets of Caracas or Buenos Aires, but only Chile (13.3%) amongst the mainstream Latam economies has higher inflation.

Even though Christmas is this coming weekend, the week ahead will feature a number of economic releases.

4,000 workers were sent home, and at least 304,000 utility customers in 125 municipalities are affected.

While Castillo has had no connections to the Odebrecht scandal, he appears to have run very similar schemes within government to those which his predecessors were brought down for.

What we did see from the latest Fedesarrollo survey was the expectation that interest rates will rise to 12% by year end.

The Central Bank will sit down shortly over fine Colombian coffee and, no doubt, a few cheeky pastries to discuss what to do about interest rates. The current 10% is not going to get the job done and the consensus is for a move to 11%. The question that remains is whether that is...

Perhaps the biggest concern is the perception of mixed messages between President Petro and Finance Minister Ocampo.

On Friday we also had the Central Bank's latest survey for October, and everything continues to trend upwards versus September.

The Peso closed Friday at $4622 close to record lows after Thursday President Petro made mention of taxing "hot money."