Cuba hopes for slight growth as Trump pummels Caribbean island

Jul 14, 2019 Macroeconomics
People walk in a shopping zone in downtown Havana
Cuban President Miguel Diaz-Canel said upon closing the meeting on Saturday that a series of emergency measures announced this month aimed to stimulate domestic production and he hoped for…

Hocol signs 4 contracts for oil exploration in Colombia

Jul 12, 2019 Macroeconomics
The installations of Ecopetrol's Castilla oil rig platform are seen in Castilla La Nueva, Colombi
Colombia has proven reserves of 1,958 million barrels, equivalent to 6.2 years of consumption, with a current average production of 865,000 barrels per day, of which 50 percent is for…

Brazil's pension system is going to change

Jul 11, 2019 Macroeconomics
Members of Congress celebrate the vote of the pension reform bill
Pension reform is the cornerstone of right-wing President Jair Bolsonaro's economic agenda

Under pressure for sanctions, Venezuela sells oil to a small Turkish company

Jul 10, 2019 Macroeconomics
Taking of oil extractor pump
With the sanctions of the United States preventing Venezuela from selling oil to that country, the state oil company PDVSA has turned to several little-known buyers

Ecuador to join market-friendly Pacific Alliance under Moreno

Jul 08, 2019 Macroeconomics
Marcelo Ebrard, Sebastian Pinera, Martin Vizcarra and Ivan Duque during 14th Pacific Alliance Summit in Lima
Pacific Alliance members currently account for 37% of gross domestic product in Latin American and the Caribbean

Political polarization in Colombia is already making noise in the economy

Jul 06, 2019 Macroeconomics
Juan José Echavarría, general manager of the Bank of the Republic of Colombia
Despite having signed a peace agreement, the country remains divided politically and socially

Uber's case questions how taxes work in the digital economy

Jul 02, 2019 Macroeconomics
Truck on busy road using the Uber application
Digital economy opens the possibility of creating businesses with collaborative models through the internet, but this new frontier has posed some difficulties

Shortages plague Cuba as U.S. sanctions sharpen economic woes

Jul 01, 2019 Macroeconomics
Personas hacen fila para comprar arroz en una tienda del estado en el centro de La Habana, Cuba.
The extensive lines outside the stores, with shelves mostly unsupplied, are increasingly common in Cuba
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