Trade Snax

Latin America

Bahamas regulator holds FTX assets pending delivery to customers, creditors

BY Reuters  • December 30, 2022December 30, 2022
(Reuters) -The Securities Commission of the Bahamas said on Thursday that it is holding FTX assets worth $3.5 billion based on market pricing at the time of transfer on a temporary basis to deliver th[...]
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Business Economy Latin America Technology Updated US

Audi workers in Mexico extend strike deadline to Jan. 11

BY Reuters  • December 30, 2022December 30, 2022
MEXICO CITY (Reuters) – Worker representatives at German automaker Audi’s Mexico plant have extended a strike deadline to Jan. 11 from Jan. 1 as they aim to reach an agreement with the fir[...]
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Business Central America Economy Europe Latin America

Venezuela economy grew 17.73% y/y through September – central bank

BY Reuters  • December 30, 2022December 30, 2022
CARACAS (Reuters) – Venezuela’s economy grew 17.73% year-over-year in the first three quarters of 2022, the South American country’s central bank said Friday, following an eight-year[...]
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Economy Latin America Politics

Analysis-Is the party over? Mexico’s peso could lose solid gains in 2023

BY Reuters  • December 29, 2022December 29, 2022
By Noe Torres MEXICO CITY (Reuters) – Mexico’s peso, which is ending 2022 with one of its strongest performances in a decade, could have its gains wiped out in 2023 after an expected end t[...]
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Business Central America Economy Latin America

FTX customers ask bankruptcy court to keep their names secret

BY Reuters  • December 29, 2022December 29, 2022
By Dietrich Knauth (Reuters) – A group of FTX customers from outside the United States have asked a U.S. bankruptcy judge to keep their names secret during the cryptocurrency exchange’s ba[...]
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Business Economy Latin America Politics Technology Updated US

Ecuador insecurity, drug crime hitting exporters -business group

BY Reuters  • December 29, 2022December 29, 2022
GUAYAQUIL (Reuters) – Insecurity in Ecuador is hurting the Andean country’s exports of products like bananas and shrimp, an exporters association said, amid assaults on shipping containers[...]
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Economy Latin America

Peru launches $1.6 billion economic recovery plan after protests

BY Reuters  • December 29, 2022December 29, 2022
By Marion Giraldo and Kylie Madry (Reuters) -Peru’s finance minister on Thursday announced a $1.55 billion plan to revive the economy, impacted by weeks of protests that have followed the ouster[...]
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Economy Latin America Politics Updated

Bolivia to protect big-state economic model, plans ‘aggressive’ gas push: minister

BY Reuters  • December 29, 2022December 29, 2022
By Monica Machicao LA PAZ (Reuters) -Bolivia is committed to protecting its subsidy-reliant, big-state economic model despite deficit risks and is planning an “aggressive” push into gas ex[...]
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Economy Latin America Politics Updated

Brazil’s BRF signs $111 million leniency deal after graft accusations

BY Reuters  • December 29, 2022December 29, 2022
SAO PAULO (Reuters) – Brazilian food processor BRF SA on Wednesday signed a leniency agreement with local authorities over payments it must make to the South American country’s government[...]
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Business Latin America
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