The latest markets news from Latin America

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Board approves fiscal plan for Puerto Rico amid bankruptcy

Pay raises for teachers, firefighters, police officers and other employees were included in a revised fiscal plan approved Thursday that will serve as Puerto Rico's economic blueprint criticized by some as the island emerg...

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Ex-UBS financial adviser charged with stealing $5.8 million from client to pay for lavish gifts for girlfriends

German Nino, who was married, is accused of using the cash for luxury cars, private school tuition and an apartment in Colombia for his girlfriends.

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IMF urges El Salvador to end bitcoin’s legal tender status as the crypto loses half of its value since November

The International Monetary Fund’s executive board urges El Salvador to narrow the scope of its Bitcoin law by terminating the cryptocurrency’s legal tender status, as bitcoin lost half of its value from its record high in ...

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El Salvador’s president adopts McDonald’s uniform for Twitter profile after bitcoin plunge

Nayib Bukele changed his Twitter profile to that of a McDonald's employee, in wake of the latest plunge in bitcoin that brought the cryptocurrency down 50% from his highs.

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Bitcoin pyramid schemes wreak havoc on Brazil’s ‘New Egypt’

In April, Brazil's federal police stormed the helipad of a boutique seaside hotel in Rio de Janeiro state, where they busted two men and a woman loading a chopper with 7 million reais ($1.3 million) in neatly packed bills.

More from Latin America

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These are the 5 best places to live in Colombia — and 2 to avoid

Many people have an outdated perception of Colombia.

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‘In a muni bankruptcy, the same entity emerges’: Puerto Rico exits bankruptcy with questions remaining

Puerto Rico will exit its municipal bankruptcy, restructuring over $30 billion of debt, and leaving questions about the sustainability of its finances.

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Judge signs plan to resolve Puerto Rico’s 5-year bankruptcy battle

Puerto Rico’s nearly five-year bankruptcy battle is ending after a federal judge on Tuesday signed a plan that slashes the U.S. territory’s public debt load as part of a restructuring and allows the government to start rep...

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Citigroup’s Mexico divestment takes Wall Street by surprise

Analyst says Citi had been expected to hold on to all of its Mexico business lines, but it will still retain its investment banking and private bank operations

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Citigroup to exit consumer and small-business banking operations in Mexico

Citigroup Inc. will exit its Mexico consumer banking business, the latest strategic shift by Chief Executive Jane Fraser.

Markets Overview

Ticker Name Last Chg Chg %
SPMERVAL S&P MERVAL Index 88099.65 2,130.89 2.48%
A1DOW Dow Jones Americas Index USD 1006.25 10.69 1.07%