Caribbean mortality projection: 8,231 Central America mortality projection(ex-México): 22,546
The number of defaults in 2020 is on pace to exceed that of 2019 with indications there will be more to follow, given 6 group-level defaults YTD compared with 6 in all of 2019, and the high number of ratings at ‘CCC’ or below categories.
Over the past five weeks, Fitch Ratings has conducted a review of its International ratings in Latin America with respect the impact of the coronavirus and is recapping the results of that review. The review resulted in negative rating outcomes ...
The Organization for Economic Cooperation and Development (OECD) has announced that it has extended an invitation to Costa Rica to become the 38th member state of the organization.
For most speculative-grade sovereigns, limited financing options either constrain fiscal stimulus or heighten liquidity and macroeconomic risks where it is enacted. All are on Negative Outlook except Jamaica (B+), Paraguay (BB+), Guatemala (BB-) and Nicaragua (B-), which all have a Stable Outlook.
With travel restrictions in place due to the Coronavirus COVID-19 pandemic, Copa Airlines issued a filing indicating that the company will reduce capacity by 80% but may shut down completely.
Sovereign and corporate issuers in Latin America will be adversely affected by slower Chinese demand and commodity price weakness caused by coronavirus due to high commodity export dependence and direct trade exposure to China, says Fitch Ratings.
Growth in public debt burdens and fiscal deficits in many Latin American countries over the past decade will undermine the ability of governments to respond to shocks and a sharper than expected global slowdown in 2020, says Fitch Ratings. Weakening ...
Much of the nearshore is plagued with severe natural disaster risk aside from the largely spared areas of Trinidad and Tobago, Argentina, and Brazil.
Ahead of the Pack: How Trinidad and Tobago Outpaces Nearshore Competitors in Key Site Selection Criteria
A country that wasn’t on the radar for most multinationals a decade ago is now moving to the front of the pack.