New currency began circulating in Venezuela this week, the 500, 5,000 and 20,000 bolivar notes appearing first and which, many have pointed out, are barely enough to purchase even the cheapest of items.
As recession continues, Brazilian businesses head to Paraguay that is positioning itself as low-cost manufacturing hub
BMW is spending $1bn on a plant in Mexico, while other firms are investing in the US or moving production back.
President Nicolas Maduro says the move will protect jobs and incomes. Critics say it may worsen the crisis. The International Monetary Fund says inflation will reach 1,600% this year.
Mr. Trump made questioning the virtues of Nafta a centerpiece of his campaign, at one point calling it “the worst trade deal maybe ever signed anywhere,”
President Mauricio Macri’s administration is reportedly allocating AR $15,766 million (US $978,427,520) to such projects throughout the year, 46 percent more than what was earmarked in 2016.
Ford has said it will cancel a $1.6bn (£1.3bn) plant it planned to build in Mexico and instead extend operations at its factory in Michigan.
Finance Minister Henrique Meirelles says it is important 'not to implicitly transfer the state debt problem to the Union'.
Under Raúl Castro, Cuba has introduced a series of changes to steer away from hardline Communism, but their pace slowed in the last year, generating doubts regarding the true commitment to the changes.
The worst-performing economies are expected to be those of Suriname, projected to contract by 10.4 percent, and Venezuela, forecast to shrink by 9.7 percent
The record arrival of nearly 3.5 million visitors to Cuba last year has caused a surging demand for food, causing ripple effects that are upsetting the very promise of Fidel Castro’s Cuba.
The Mexican billionaire believes that if Trump’s plans to jumpstart the US economy work, Mexico would see benefits too.
The OPEC daily basket price rose by almost 13% after the group announced last Wednesday that it was cutting oil production by 1.2 million barrels as from January 2017
Tourism is a growing industry in Chile, but the kind of tourism that gets to Santiago is only interested in seeing the shops.
Economic activity fell 0.4% in October from the year-earlier month, the first annual contraction since October 2009
“Without equity and inclusion, our development is destined to have feet of clay, (and) runs the risk of being ephemeral and illusory,” Bachelet added.
Diversification of exports, political stability and a renewed economic policy are among the reasons why Peru is going strong despite their neighbors’ weak performance.
Brazil's economy plunged deeper into recession in the third quarter, dashing government hopes that a lift in consumer and business confidence would jumpstart a recovery
No Joke, mexican cement manufacturer Cementos Chihuahua expressed its interest in becoming a supplier for the construction of the border wall between Mexico and the US
Oil prices fell over 1 percent Monday in Asia following a decline of more than 3 percent Friday over disagreement between members of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC exporters
This year was full of ups and downs for the Latin American economy, if anything, it proved its intimate relation with the price of raw materials.
Paraguay's booming marijuana trade helps explain why its illegal economy = an estimated $11.1 billion in 2015