BUENOS AIRES (Reuters) -Argentina's central bank cut its benchmark interest rate by 300 basis points to settle at 29%, it announced in a statement on Thursday, as inflation continues its downward path in South America's No. 2 economy.

Traders and analysts expect Argentina's central bank to lower its benchmark interest rate as soon as Thursday, as inflation falls sharply and as the bank is set to slow the monthly pace of devaluation of the local peso currency.

Argentina’s Central Bank cut its benchmark interest rate by 300 basis points to 29 percent as inflation continues to slow in South America’s second-biggest economy. The bank’s board said the cut was due to reduced inflation expectations and that the new rate takes effect Friday, according to an emailed statement.

Spain strengthens its historical role as a bridge between Europe and Latin America with the arrival of MERGE Buenos Aires, a

The Latin American Rabbinical Seminary in Buenos ... Aires from 1958 to 1984. In 1962, he created the Latin American Rabbinical Seminary, which ordains rabbis in Argentina and throughout Latin ...

With its extensive collection of avant-garde 20th-century works, the Museum of Latin American Art of Buenos Aires (MALBA) is an essential stopover for art lovers. It holds more than 400 pieces and ...

Argentina’s central bank cut its benchmark interest rate by 300 basis points to 29% as inflation continues to slow in South America’s second-biggest economy.Most Read from BloombergManhattan’s Morning

Argentina next week will lift import tariffs on some low-cost electric and hybrid vehicles, while cutting taxes on higher-priced cars and motorcycles, the nation's economy minister said on Tuesday.

BUENOS AIRES (Reuters) - Brazil's central bank will raise its benchmark interest rate by 100 basis points on Jan. 29, with more to increases follow, taking the cost of borrowing to the highest in nearly two decades by mid-year, a Reuters poll showed.

LIAM Payne’s last project, the Netflix talent contest Building the Band, will drop this year. The former One Direction star, who died in October after falling from his hotel balcony in

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I expect the mood was joyful at Budapest’s Scruton Café following the news of Donald Trump’s election to a second term in office. The café is named after the English philosopher Roger Scruton, revered by American and European right-wingers.