A 35.2% month-on-month hike in real estate financing in December was not enough to stop the annual total from plunging heavily.
With the fate of Nafta now hanging in the balance, Capital Economics outlines some of the key economic realities in Mexico to take into account as trade talks move forward.
The measures will not change the amount of money in circulation in Brazil's economy.
With high-level Mexican officials already beginning talks with US counterparts on trade, immigration and security, US President Donald Trump was preparing an executive order to begin construction of his signature border wall.
Although the profits of Brazil's top four publicly-traded banks are expected to decline for 4Q16, the drops should be smaller than those seen in previous periods
The move follows a plan announced earlier this week to restructure the construction arm, Odebrecht Engenharia e Construção.
It is not always bad to have headlines about corruption. From the Panama Papers in April to the record US$3.5 billion Odebrecht settlement in Brazil in December, 2016 was a good year in the fight against corruption in the Americas, said Transparency International in a press release.
The credit insurance company has downgraded its country risk assessment of Mexico and upgraded that of Argentina.