Following the resignation of Prime Minister Salomón Lerner, President Ollanta Humala announced a broader cabinet reshuffle. The move is seen as an attempt to shore up his administration following protests over mining projects.
Mexico’s BMV bourse signed an agreement of intent to join Chile, Colombia, and Peru’s exchange. The new member would nearly double the size of the integrated market.
Brazil and Mexico could provide funds to the IMF to aid ailing European economies. But in a shaky global market, Latin American economies may opt to focus on economic policies at home.
At the Virgen del Lourdes cemetery, limeños come together to celebrate Day of the Dead.
Protests against Peru’s largest mining project could impact President Ollanta Humala’s mission to attract foreign investment to help fund social inclusion programs.
Massive new hydrocarbon finds and increased production have seen Latin America become a major energy frontier. Regulations have proved essential in attracting investment and managing profits.