Financial and Banking News


Storm Clouds Gather over Latin American Debt

The Latin American debt crisis has rumbled back into life in recent weeks after attempts by the region's two principal oil-exporting debtors - Mexico and Venezuela - to make ends meet. Mexico is involved in some tough negotiations with the International Monetary Fund (IMF) which will not only provide new loans of $11.5bn but will provide the key to unlocking a further $5bn or so in new money...