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British overseas territory plans first Asian office to counter competition as offshore finance centre
Powerful leader of Brazil’s lower house tells FT he will defend market-friendly laws
Central bank to raise interest rates to 97% and step up currency intervention
Beijing is a major financial backer in Andean nation despite US efforts to counter its influence
New finance minister says country wants to restore manufacturing of textiles, fertilisers and pharmaceuticals
Former bank executive Gabriel Galípolo will serve as monetary policy director
Government says push to expand the role of the state will be accompanied by commitments for balanced budgets
Australia, Argentina and African countries set to benefit as Santiago moves ‘urgently’ to take stake in key projects
Former guerrilla-turned-president Gustavo Petro struggles to deliver comprehensive settlement with armed groups
Leftwing leader Gabriel Boric also promises to impose stricter environmental rules
President has in effect abandoned his ‘big tent’ coalition only a few months into his third term
Indigenous affairs minister calls for penalties against buyers of illicit metal from the Amazon region
Leftist president lends his voice to Beijing’s efforts to boost renminbi’s role in global commerce
Ruling comes days after Buenos Aires lost New York court case over oil company expropriation
Spanish group was a target for leftist president López Obrador
Tareck El Aissami played key role in helping South American nation evade US sanctions
The South American nation is in the grip of another crisis but there are tantalising opportunities on the horizon
Plummeting reserves lead to rating downgrade and fears over devaluation and debt default
Measures by ruling coalition have failed to tame surging prices that have damaged the South American country’s economy
Measure follows ‘soy dollar’ policy as producers struggle and government seeks to boost foreign currency reserves
Currency is best performer among major economies this year and analysts expect it to strengthen further
Weak investment and slowdown in industry and services end five consecutive quarters of growth
López Obrador confirms investment after finalising details with carmaker’s chief executive Elon Musk
Gustavo Petro calls on supporters to ‘rise up’ against elites as he moves to expand state control over the economy
President questions independent monetary policy and bank’s continuing independence
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