Mexico City, Mexico - 24 June 2016

1. Authorities arriving to press conference

2. Wide of press conference

3. SOUNDBITE (Spanish) Luis Videgaray, Treasure Secretary:

"For this year 2016 we have instructed a second cut in public spending, this time only in the federal government. This second cut does not include PEMEX, for a total number of $1.6 billion (31.7 billion pesos). From them, the 91.7% comes from the common spend."

4. Camera and podium

5. SOUNDBITE (Spanish) Luis Videgaray, Treasure Secretary:

"The Mexican government has covered 100% of it's funding necessities for the rest of the year. It is important to say this because when financial markets become volatile and complex it is the strength of our economy that the government has covered funding for the rest of 2016."

6. End of presser

7. Mexico City's main square and flag waving

Lima, Peru - 24 June 2016

8. Omar Chehade, Peruvian Congressman walking through a hall

9. SOUNDBITE (Spanish) Omar Chehade, Peruvian Congressman:

"I think (Brexit) is going to have a domino effect. Because Scotland will want to leave (UK) as they did before the referendum which it lost by very little in the United Kingdom a few years ago. Scotland will want to leave the United Kingdom and Ireland will want to do the same and it will cause chaos, the world cleaning house monetarily and economically cleaning house."

10. Room inside Congress

11. SOUNDBITE (Spanish) Yonhy Lescano, Peruvian Congressman:

"I believe it is an issue for the British people to decide if they want to leave the European Union. Obviously, it will have some effect, positive effects, negative effects. It seems that the European Union is very worried that it will have a negative impact."

Buenos Aires, Argentina – 24 June 2016

12. Argentine Foreign Minister, Susana Malcorra walking into press conference

13. Press conference

14. Members of media looking on

15. Close of lens of camera as it films Malcorra speaking during press conference

16. SOUNDBITE (Spanish) Susana Malcorra, Argentine Foreign Minister:

"The world is going through a very difficult time, of fear, of division. We see it in Europe, we see signs of it coming from the United States, a trend that is somewhat xenophobic in nature, where phobias of all kind are accentuating and we consider it as something worth worrying about."

17. Press conference

Government officials throughout Latin America expressed concern for the markets and their country's economies given Britain's vote to exit the European Union.

In Mexico, Treasury Secretary Luis Videgaray held a news conference to announce that the government will cut public spending by more than $1.6 billion (31.7 billion pesos) in response to the economic uncertainty posed by Britain's exit.

He said Britain's action will have only "a very moderate" effect on Mexico. Only about 0.5 percent of Mexican exports go to Britain, which accounts for only about 2 percent of foreign direct investment in Mexico.

In Peru, a number of congressmen expressed concern over the possibility that the exit might increase European instability by encouraging more countries to leave the Union.

In Argentina, Susana Malcorra, Argentine Foreign Minister told members of the press that "we consider it as something worth worrying about."