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Photograph of a gasoline dispenser

OPEC sees bearish oil outlook for the rest of 2019, points to 2020 surplus

The Organization of Petroleum Exporting Countries lowered its forecast of oil demand growth by 40,000 barrels per day (bpd) this year

Andrés Manuel López Obrador, president of Mexico.

Key rate cut in Mexico stimulates economic growth: AMLO

Mexican President Andrés Manuel López Obrador said that the benchmark interest rate cut by the central bank stimulates economic growth

View of a shelf in supermarket

Cuban government imposes price controls as it seeks to keep lid on inflation

The measures included increased wages and pensions for more than 2 million state employees

Photo of a laptop showing financial analysis figures

Stocks gain on stimulus hopes but still head for third losing week

Stocks took a beating this week after the U.S. yield curve

Mauricio Macri, president of Argentina.

Mauricio Macri shelves sales taxes as he seeks to cut left's lead

Macri announced an end to sales taxes on basic food products until the end of the year in a bid to salvage his re-election prospects and end an economic crisis

Financial graph seen from the screen of a laptop

The fear of a "default" in Argentina increases after the collapse of the markets

The Credit Default Swap (CDS) prices for Argentina's five-year debt totaled 2,116 basis points

Colombian Central Bank seeks to lower inflation, but without hurry

The bank manager said that inflation would end this year by 3.6% due to temporary shocks in the prices of food and regulated products

Aerial view of the logistics port in Lianyungang, Jiangsu Province (China)

Global economy outlook darkens due to escalation in tariff warfare: Ifo Institute

According to a survey in 110 nations, measurements on expectations and economic conditions have been getting worse this trimester

View of the historic center of Lima

Peru’s Central Bank does not rule out new interest rate cut in September

The bank is evaluating the possible impacts on the economy after the official proposal to advance the general elections one year before 2020

European Union flags flutter outside the European Commission headquarters, in Brussels, Belgium

Brexit agreement is "the best deal possible", EU Commission says

Johnson has insisted Britain will leave the EU on Oct. 31 with or without a deal

Buenos Aires street, Argentina

Argentina's recession would be deeper this year: Central Bank

The survey carried out monthly by the monetary authority estimated a growth of the South American economy of 2% in 2020

Detail of a sculpture near the building of the headquarters of Petróleos de Venezuela (PDVSA), in Caracas (Venezuela).

US rejected Maduro's lawsuit against Citgo directive of opposition Guaidó

The ruling represents a major obstacle for Maduro's lawyers in an attempt to revoke Guaidó's directive

Bulgaria's Kristalina Georgieva as the candidate to head the International Monetary Fund. (Suiza)

Bulgaria's Georgieva climbs from communism to IMF head hopeful

Georgieva has posted a black-and-white picture of her family, with the comment: "From a village in Bulgaria to CEO of the World Bank

Vegetable sellers work at their stall at a fresh products market in Havana, Cuba July 30, 2019

Cuba, battling economic crisis, imposes sweeping price controls

Cuban President Miguel Diaz-Canel announced earlier this month that the government had adopted a series of emergency measures to fight economic stagnation 

Colombia’s Central Bank reduces GDP projection, inflation will exceed target

Colombia’s Central Bank reduced its economic growth forecasts for this and next year well below government goals while raising its inflation projection for 2019 over the target

Top view of people shopping in a supermarket

IMF drastically cuts Latin America's growth projection in 2019

The International Monetary Fund said "temporary factors" affect the production and growth of the region

Silvana Habib, president of Colombian Mining Agency, speaks during an interview with Reuters in Bogota, Colombia

Colombia wants to enter the world copper market

The South American country has so far focused its mining activity on coal and gold, but taking advantage of the potential in other resources, it wants to intensify copper exploration and production activities

Employees work at a production line of lithium ion batteries inside a factory in Dongguan, Guangdong province, China

Sweden in search of South American "white gold"

Several governments and car manufacturers, in the expectation of bigger demand for electric cars in the next years, are seeking to become allies of countries such as Chile, Bolivia, and Argentina, the so-called "lithium triangle" in South America

This photo shows boxes of machinery used in Bitcoin

Bitcoin craze hits Iran as US sanctions squeeze weak economy

Feeling the sanctions, coming from the U.S. and targeting the Islamic Republic's economy, Iranians are increasingly turning to digital currencies like Bitcoin

ILE - IPresidential candidate Alberto Fernandez and his running-mate, former President Cristina Fernandez

'Up in the air': Polls show Argentinian presidential race neck-and-neck

The polls point to tense months ahead for Argentina and its jittery markets, but also suggest both sides will need to make concessions to win over the middle ground of voters

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