latin america

Fitch Sees Rising Latin American Debt Defaults

Fitch Sees Rising Latin American Debt Defaults

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.

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Costa Rica Invited To Join OECD

Costa Rica Invited To Join OECD

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.

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The End of Money Draws Near

The End of Money Draws Near

Two Scandinavian countries are already ditching currency for most applications, and one study says that money will be replaced by payments through mobile devices by 2030.

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