Vermont Senator Bernie Sanders has called for “reversing” the Dominican Republic-Central American Free Trade Agreement, which many local leaders see as critical to Costa Rica’s economy. Others would love to see it go.
Costa Rica’s decision to join the Pacific Alliance, a trade bloc formed by Mexico, Peru, Chile and Colombia, this week prompted discussions that show private-sector groups are still divided on its potential benefits.
Panama's free trade zone -- the biggest in Latin America -- is in crisis in large part because of economic woes sapping major export customers Venezuela and Colombia, Commerce Minister Augusto Arosemena said Wednesday.
Argentina aims to borrow $15 billion when it returns to debt markets so it can pay off international creditors who have sued it in a U.S. court, the government said.
Mexico's economy expanded more than forecast for the fourth consecutive quarter in the final three months of the year as domestic consumption rebounded amid record low inflation.
Perhaps there is a better way to use leverage to forecast recessions. Instead of looking at the amount of credit, maybe we should look at the price and the quality of credit.
Millions of Mexicans pay for everything from food to medicine with cash from relatives working in the U.S. Now, the money may allow them to get car loans in a country where a large swath of the population has no access to credit.
