Finance

The future of the $160 billion industry hangs in the balance as stricter US immigration policies take hold. After a record-breaking 2024, when remittances to Latin America and the Caribbean accounted for a total of $160 billion, or 2.5% of the region’s GDP, according to the Inter-American Development Bank (IDB), …

US tariffs are hitting African exports hard. Now, governments and businesses must devise a Plan B to expand trade and grow their economies. US President Donald Trump is not an Africa enthusiast; he has mocked Lesotho as a place “nobody has ever heard of ” and has never set foot …

Joseph Giarraputo, Founder and Editorial Director of Global Finance, speaks with Sabine Zucker, RBI’s Head of Group Transaction Banking, about the products and services required to support cross-border growth with smooth transactions and operational continuity in CEE markets. Based on RBI’s over three decades of experience operating in these economies with 12 full-service banks, Zucker believes corporates have a lot to be excited about when looking at the …

Trump and Xi agreed to a one-year trade truce, easing tariffs and controls, though China’s deeper economic troubles are far from resolved. President Donald Trump and Chinese leader Xi Jinping agreed to a one-year trade truce, easing tariffs and controls. The agreement seemingly rolls back the plans Trump unveiled on …

Deindustrialization and recommodification have been setting Latin American economies back for decades. Can a push for greater productivity put them on track again? In the 10 years from 2014 to 2023, Latin America’s aggregate economy managed to quietly reach depths unknown even during the dismal Lost Decade that followed the …

Global Finance (GF): What are the highlights of your professional journey, and what was appealing about your move to Scotiabank? Francisco Aristeguieta (FA): Before joining Scotiabank in April 2023 to lead the group’s International and Global Transaction Banking (IGTB) businesses, I was CEO for custody services at State Street. Prior to …

Some of Latin America’s smaller nations are stealing the limelight as US tariffs bring economic headwinds to the region. Some of Latin America’s smaller states are flipping the script on their larger rivals. Guatemala, Jamaica, and Barbados have all received credit rating upgrades this year and their economies have been …

With a new US tariff regime in place, the region’s economies face their greatest disruption in at least a generation. When US President Donald Trump initiated a new regime of tariffs on global imports reaching the US, investors reacted by retracting forecasts and rethinking investment dynamics while companies globally started …

A host of enhancements to cross-border payments are promising to enrich the global payments landscape. But implementing change within this complex industry isn’t straightforward. In today’s instant, interconnected world, a crucial juncture has been reached in cross-border payments. Businesses and consumers – increasingly frustrated with inadequate, inefficient legacy international payment …

Metals powerhouses Anglo American and Teck have approved a merger of equals sanctioning them to become one of the top five copper global producers, via world-class assets across Canada, the US, Latin America, Southern Africa, and Europe. The merger has been effectuated by American issuing 1.3301 ordinary shares to existing …