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Rising non-performing loans in Argentina threaten consumer credit-led recovery
Buenos Aires Times·AR·1 day ago
Brazil's average credit default rate hit 4.7% in May, the highest level since the Banco Central began tracking the series in 2011. The increase reflects rising delinquency among both individuals and corporations, with corporate defaults reaching their highest point since 2017 despite government debt relief initiatives.
The United States has implemented new tariffs on approximately 60 countries, marking a significant shift toward protectionist trade policy. The move has sparked retaliatory measures from countries such as Brazil, which has activated its Reciprocity Law. Confidence is high that trade tensions will continue to escalate, but the specific scope and impact of the tariffs remain uncertain.