Argentina is once again wrestling with its long-time enemy -- inflation. Now, it appears history may soon repeat itself, as Argentina teeters on the verge of another currency crisis.

Over the past decade the Philippines' sovereign credit rating oscillated between "negative" and "stable," reflecting concern about the ability of the government to collect sufficient tax revenue, manage its budget, and sustain a high rate of GDP growth.

Ecuador and Peru have decided to reassign their ambassadors in a bid to resolve a diplomatic crisis that broke out when the Ecuadoran envoy got into a...

QUITO, Ecuador -- The director of a foundation that works in Ecuador's rainforest says Amazon tribesmen apparently carried out a revenge attack and ki...

How can Venezuela stave off a currency crisis and place its economy back on a solid monetary foundation? The solution is simple: replace the bolivar with the U.S. dollar.

With promises to boost spending for the poor, Correa's popularity soared in the lead up to the Ecuador election, as he capitalized on the surge in world oil prices and the commodity boom in Latin America to initiate a spree of social spending. Sound familiar?

With Hugo Chavez having now passed, the question of who will inherit his legacy as the vanguard of 21st century socialism in Latin America is foremost in the minds of many.

President Rafael Correa's thumping victory in Sunday's presidential election marks a break from Ecuador's recent history of political instability.

Rafael Correa is far ahead of his nearest rival in Sunday's presidential election in Ecuador, and expected to easily win another four year presidential term. It's not hard to see why. Unemployment fell to 4.1 percent by the end of last year -- a record low for at least 25 years.