Bloomberg Business

Venture Fund Has $1 Billion Ready for Latin America Tech Rebound

Kaszek Ventures, the largest venture capital firm based in Latin America, is sitting on $1 billion it raised early this year as it waits for new deals to materialize and for more mature companies to run low on cash and potentially accept new valuations.

Scholz’s German Coalition Reels After Far-Right Election Surge

The three parties in Germany’s fractious ruling coalition struggled to present a united front after their drubbing in key regional votes, stoking concerns about the ability of Chancellor Olaf Scholz’s alliance to govern effectively for the remaining two years of its term.

Mexico CPI Stagnates in Sign Banxico Could Stay Cautious

Mexico’s inflation accelerated for the first time in months in late September, putting pressure on policymakers to keep defying the regional trend of easing interest rates as they face a tricky path ahead.

Schumer Confronts Xi on Israel-Hamas Stance in Rare Meeting

President Xi Jinping’s first meeting with US congressional leaders in eight years was infused with tension, as the Chinese leader was confronted over his nation’s failure to condemn Hamas’ incursion into Israel.

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