World Bank supports Argentinean renewables

The World Bank has announced that it will provide a $480m guarantee to support the construction of large-scale renewable energy and solar projects across Argentina.

Venezuela running out of cash

The Central Bank of Venezuela says the country is down to just $10.5 billion in foreign reserves. At the same time, Caracas has to meet debt obligations of $7.2 billion this year.

Brazilian government announces end of recession

For Finance Minister, Henrique Meirelles, the government's austerity measures have brought back investor confidence and boosted the economy.

Mexico’s economy grows 2.3% in 2016

Mexico’s gross domestic product (GDP) grew 2.3 percent in 2016, 2.5 percent in 2015,  2.1 percent growth registered in 2014 and the 1.4 percent figure for 2013.

Latin America weighs up lithium prospects

Argentina, Bolivia and Chile own 85 per cent of world’s known lithium reserves. Each seeks investment and international capacities to exploit the resource. However, experts disagree on how to get better economic benefits

Will brazilians cancel carnival?

At least 48 towns or cities in eight Brazilian states have canceled Carnival festivities this year because they are suffering from the worst recession in the country’s recent history.

Colombia’s OTT tax reform may lead the way internationally

Colombia’s decision to start taxing over-the-top (OTT) players may lead to other countries following suit, according to market research firm Ovum.

Brazilian town embraces universal income experiment

Does being handed money every month—no strings attached—sound attractive? The residents of a small town in Brazil are finding out.

Port project aims to make Costa Rica a major logistics center

A $1 billion mega port proposed for the Caribbean coast near the Panama Canal would put Costa Rica on the global logistics map

Brazil's and Mexico's 2017 market analysis

Ross Teverson, manager of the four crown-rated Jupiter Global Emerging Markets fund believes Mexico could be a rich hunting ground for opportunities this year.

Macri and Temer agree to open Mercosur and to closer ties with Mexico

In a state visit to Brasilia, Argentina President Mauricio Macri said that Mercosur would focus on strengthening its relationship with Mexico, Latin America's second-largest economy after Brazil.

Crime and violence cost Latin America and the Caribbean 3.55% of GDP

A study by the Inter-American Development Bank (IDB) estimates the direct annual cost of crime and violence in Latin America and the Caribbean at US$261 billion or 3.55% of GDP

Chile’s forest fires to cost $333 million: Finance minister

The government will reallocate $100 million from the current budget, while another $233 million will be taken out of a rainy-day fund that the government maintains for such situations

What to expect when the presidents of Brazil and Argentina meet

South America’s biggest economies want to work more closely together. That will not be easy

Brazil to escape recession in first quarter of 2017

Brazilian Finance Minister Henrique Meirelles said on Wednesday that his country is returning to a path of growth and will manage to escape recession in the first quarter of 2017.

NAFTA renegotiations to start in 90 days

Mexico’s president said talks to renegotiate the 1994 North American Free Trade Agreement linking his country with the United States and Canada would begin after a 90-day consultation period

Brazil's little state that could

Espirito Santo, Brazil's fourth-smallest state, with 2 percent of national population, also is one of the country's most fiscally fit.

Tax plan sows confusion as tensions with Mexico soar

Trump appeared to embrace a proposal by House Republicans that would impose a 20 percent tax on all imported goods. Many businesses in industries such as retail and energy, which rely heavily on imports, were in a panic.

Facing Trump, Mexicans think the unthinkable: Leaving Nafta

Not long ago, any suggestion that Mexico might walk away from the North American Free Trade Agreement would have been met with utter disbelief.

Mexico's Pena Nieto outlines goals for talks with Trump

President Enrique Pena Nieto has vowed to fight for Mexico's interests and defend migrants' rights during talks with the new US administration.

Withdrawal from Trans-Pacific Partnership shifts U.S. role in world economy

President Trump’s cancellation Monday of an agreement for a sweeping trade deal with Asia began recasting America’s role in the global economy, leaving an opening for other countries to flex their muscles.

Brazil confident in “recovery curve”

Brazil's Finance Minister Henrique Meirelles has admitted that the government is going to revise its official forecast for this year's GDP growth

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