Latin America News
LAST UPDATE: September 11, 2025
IMF says reserve coverage of monetary union of Curaçao and Sint Maarten remains adequate
The IMF said reserve coverage of the Curaçao and Sint Maarten monetary union is adequate, supported by tourism receipts despite deficits.
Insight
This reassures stability for two small Caribbean economies dependent on tourism and imports.
Mexico to Raise Tariffs on Cars From China to 50% in Major Overhaul
Mexico announced it will hike tariffs on Chinese cars to 50% in a major overhaul, covering $52B in imports.
Insight
The measure aligns Mexico closer to U.S. trade policy while protecting local industry.
Canada to Unveil Initial List of Priority Infrastructure, Trade Projects
Canada will unveil its first list of priority infrastructure and trade projects to drive economic growth.
Insight
The plan shows Ottawa’s intent to strengthen trade competitiveness and domestic capacity.
Chile central bank strengthens GDP growth estimate for 2025
Chile’s central bank raised its GDP growth forecast for 2025, citing stronger domestic demand and improved investment outlook.
Insight
The revision signals confidence in Chile’s economic resilience, though risks from global commodity markets remain.
Brazilian Inflation Cools Off With Rate Cuts Still Months Away
Inflation in Brazil slowed but remains above target, meaning rate cuts are unlikely until later this year.
Insight
Policymakers are cautious, balancing cooling prices with the risk of reigniting inflation too soon.
Bolsonaro judge criticizes trial, warns of ‘political’ verdict
A judge in former President Bolsonaro’s trial criticized the process, warning that a conviction could be politically motivated.
Insight
The statement raises concerns about judicial impartiality and potential political polarization in Brazil.
Colombia issues 4.1 bln in Euro-denominated bonds: document
Colombia issued €4.1 billion in bonds, drawing strong investor demand despite global uncertainty.
Insight
The issuance highlights Colombia’s ability to tap international markets, but it increases external debt exposure.
Cuba Hit by Yet Another Nationwide Blackout as Power Plant Fails
Cuba experienced a nationwide blackout after a major power plant failure, the latest in a series of outages.
Insight
The recurring blackouts highlight Cuba’s crumbling energy infrastructure and deepen public frustration.
Brazil Coffee Shipments to Mexico, Colombia Surge After Tariffs
Brazil’s coffee exports to Mexico and Colombia surged after tariffs reshaped trade flows.
Insight
This shift underscores how trade policies are reshaping global agricultural supply chains.
