Credit rating agencies share negative perspective of Colombia

Moody’s and Fitch, two of the most renowned voices in the world of international finance have both taken Colombia’s credit rating down a notch.

Who really won the legal battle between Philip Morris and Uruguay?

The tobacco giant has to pay $7m to the small South American nation in a dispute over cigarette adverts. But the case could still set a worrying precedent

Foreign visitors to spend US$200 Million in Brazil during olympics

The estimate by the Central Bank takes into consideration foreign spending by visitors from the end of July to the start of September, and does not include the Paralympic Games.

Cuba’s economy: Caribbean contagion

Venezuela’s pneumonia infects the communist island. The crisis seems to have slowed reforms of Cuba’s socialist economy, which were never rapid.

Gulf of Mexico oil contracts could be worth up to $11 billion

In their second round or auctions, the Mexican government will put up 15 oil rich areas for sale.

Toyota “Very Optimistic” about Latin America’s potential

St. Angelo, the head of Toyota for Latin America and the Caribbean,  evaluated Toyota’s recent investments in Latin America at $800 million, which included the renovation of its plant in Argentina and the creation of an engineering center in Brazil.

Labor policy ‘reorientation’ in LatAm is urgent, says UN report

Although LatAm is proud of its achievements towards battling unemployment, the positive trends are starting to stall, which may permanently damage the regional economy.

Tierra del Fuego, the tax haven at the end of the world

A giant economic experiment at Argentina’s southern tip is starting to flag.  To lure people to this wild corner of the Earth, it exempted firms and residents from most taxes.

Big influx of Canadian aid for post-conflict Colombia

Following the definitive ceasefire with the FARC Canada sees great potential in Colombia, the rewards of peace may already be showing.

End of armed conflict will boost Colombia’s GDP growth with 1%: Santos

Colombia President Juan Manuel Santos said Thursday that the national economy could grow an extra percentage point per year if the country’s 52-year-old armed conflict comes to an end.

Could Universal Basic Income work in LatAm?

The Swiss rejected the proposal of over $2500 to every adult citizen, no matter how much they worked, but could a similar scheme operate in LatAm?

Could Universal Basic Income work in LatAm?

The Swiss rejected the proposal of over $2500 to every adult citizen, no matter how much they worked, but could a similar scheme operate in LatAm?

Colombia imported a record amount of agricultural produce this year

The amount and value of agricultural imports in the month of April alone is over 70% higher than last year’s equivalent, it is the highest in 20 years.

Brazil’s Temer Emphasizes Agroindustrial Role

Brazil’s interim president, Michel Temer, emphasized the role of agroindustry in the country’s development and called for “national reunification” to guarantee jobs in the sector.

Colombia imported a record amount of agricultural produce this year

The amount and value of agricultural imports in the month of April alone is over 70% higher than last year’s equivalent, it is the highest in 20 years.

How Bolivia continues to endure the commodities crisis

Bolivia’s fast growth seems to know no end, as even with the adversity of low commodity prices their economy does not falter.

Argentina’s ‘zero poverty’ goals called ‘unachievable’

Trying to clear up doubts surrounding the policies used to reduce poverty, Marcos Peña President of the Minister’s Cabinet claimed zero poverty goals are a ‘goal as a society’.

Why are cars so expensive in Argentina?

he difference between the cost of a new car in Argentina and the same one anywhere else in the region is abysmal, here’s why.

Why Latin America needs to save more

Many economists believe that if Latin America’s economies are to grow at 5% a year or more, they need to invest around 25% of GDP.

Colombia wants Pacific Alliance to negotiate trade with post-Brexit UK

Colombia’s trade minister has proposed to Pacific Alliance members to jointly negotiate a free trade agreement with the United Kingdom, which last week voted to leave the European Union.

Puerto Rico's second debt default

The Puerto Rican government has prepared the way with the few resources at its disposal for the next non-payment of its debt, knowing that Washington will not allow it to declare bankruptcy before July 1.

Trouble for Correa´s new-fangled Currency

People have always turned to trade to better their lives. Ecuador is pushing electronic currency despite its negative effects on the economy

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