Latin America News
LAST UPDATE: September 29, 2025
Peso Crisis Drives Mortgage Rates to 15%, Upending Milei Agenda
Argentina’s currency crisis has pushed mortgage rates as high as 15%, forcing lenders to tighten credit or suspend new loans. (ブルームバーグ)
Insight
The spike in borrowing costs undermines property markets and complicates President Milei’s agenda, which relies partly on credit-led growth and liberal reforms.
At least 19 injured in Peru anti-government protests
Protests against President Dina Boluarte and Congress in Lima left at least 19 people (including a police officer) injured. (Al Jazeera)
Insight
The unrest signals deep social discontent and could escalate political instability ahead of upcoming elections.
