#Mexico joins hawkish #LatAm #CentralBanks by unexpectedly raising interest rates—Traders Bet Rates to Rise Much More

Mexico joined the hawkish band of Latin American central banks by unexpectedly raising interest rates.

Traders Bet Rates to Rise Much More Than Officials Signal

Brazil has already hiked too this year and Chilean policy makers this week considered acting as well. Traders are now bracing for more aggression as inflation pressures pickup.

See the whole article on Bloomberg here: 
https://www.bloomberg.com/news/articles/2021-06-24/mexico-s-central-bank-votes-for-a-surprise-key-rate-hike

One of the #Bolichicos that pulled off one of the most famous #scams in #Venezuela, his past darkened by #corruption and #MoneyLaundering probes, has been trying to reinvent himself and brighten his image

Alejandro Betancourt one of the #Bolichicos that pulled off one of the most famous scams in #Venezuela, has been trying to reinvent himself and brighten his image, his past darkened by #corruption and #MoneyLaundering probes on both sides of the Atlantic.

A Reuters Special Report

A power tycoon, while Venezuela goes dark, brightens his image abroad

"SUNGLASSES KING": Since his power bonanza in Venezuela, Alejandro Betancourt invested more than $300 million in properties and ventures abroad, including Spanish sunglasses company Hawkers. REUTERS/Antonio Heredia/El Mundo

Alejandro Betancourt won power plant contracts worth $2 billion in Venezuela. Many of those plants failed, and the deals sparked criminal probes, while Betancourt reinvented himself in Europe. Previously unreported bank, court and corporate documents show how.