European financing is in the pipeline to advance the country's solar distributed generation program.
A stalling global economy due to rising protectionism and/or increased volatility in international markets could lead to weaker than expected economic performance for LATAM banks.
Moody's Investors Service ("Moody's") has downgraded the government of Costa Rica's long-term issuer and senior unsecured bond ratings to B1 from Ba2 and changed its rating outlook to negative.
Lawyers say a temporary injunction issued by the competition court in April is still in force and that banks cannot shut down accounts while the case is still being investigated.
In a critical step towards resolving its fiscal crisis, Costa Rica's government pushed through a difficult, but much-needed tax reform package, which quickly became law on Tuesday.
Chile's central bank holds rate steady, releases economic data for October and makes GDP growth forecasts.
It's do or die for President Martín Vizcarra on Sunday, as he stakes all his political capital on approval of his proposed judicial and political reforms.