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Mexico arrests suspect in US agent’s death
Mexico’s army said it had arrested a man suspected of killing a US special agent and wounding another earlier this month, mid attempts to soothe strained relations between the two countries
Fraga warns on Brazilian credit growth
The former central banker who laid the foundation for Brazil’s boom by helping to slay inflation has warned that rapid credit growth in the country needs close scrutiny from policymakers
Buoyant outlook for Vale amid record earnings
Supply disruptions in India and huge demand from emerging markets have pushed iron ore prices to about $190 per tonne, boosting the profits of miners worldwide
Lex: The Mexican way
While other emerging markets battle rising inflation amid fears that higher rates will squelch growth, Mexico’s policymakers have flexibility that others could learn from
ZFS in LatAm insurance tie-up with Santander
Insurer will pay $1.67bn for the stake in the Spanish bank’s life insurance, pension and general insurance operations in Brazil, Mexico, Chile, Argentina and Uruguay
Instability hits investment in Haiti
Political uncertainty and the slow-moving $5.3bn reconstruction effort is hurting Haiti’s ability to attract the private sector investment
Argentina faces money laundering label
Argentina will learn whether it is to be branded as a country which fails to fight money laundering – a move which would deal a major blow to its business reputation
Itaú predicts lending surge in Brazil
Country’s largest private sector bank by assets expects lending to surge as much as 20% this year but dismisses concerns that a credit bubble may be forming in the booming economy
Market Insight: Brazil may be heading for a subprime crisis
Credit is being pushed to consumers who ultimately won’t be able to service it, writes Paul Marshall
Tempo hots up for Brazil’s banks
A rapid rise in consumer loans and business lending are behind what is shaping up to be one of the best earnings seasons to date for the country’s lenders