Bloomberg Brazil’s Ibovespa equity index rallied to a 10-month high as traders increased wagers that President Dilma Rousseff will be impeached, paving the way for a new government to pull the economy out of its worst recession in a century. State-controlled oil producer Petroleo Brasileiro SA, iron ore miner Vale SA and lender Itau Unibanco Holding SA contributed the ...

Bloomberg Argentina can go ahead with a planned $15 billion bond sale to pay off holdout creditors from a 2001 default, ending more than a decade of litigation over repayment of the debt that kept South America’s second-biggest economy out of international credit markets. The U.S. Court of Appeals in New York cleared the way for the bond sale by ...

  Bloomberg Argentina’s inflation will slow to the very top of its target range by year-end, the International Monetary Fund forecast, showing more optimism than most economists. Inflation will slow to the 25 percent ceiling of Argentina’s target range by year-end, the IMF said in its published World Economic Outlook. That is lower than all estimates from economists surveyed by ...