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Latin America

Venezuela’s $154 Billion Debt Challenge: Toward a Complex Restructuring

Venezuela stands on the cusp of tackling its formidable $154 billion debt, presenting a complex restructuring challenge. This vast sum has accumulated from a variety...

Mexico’s Rise in Neobanking: Following Brazil’s Footsteps

In the dynamic world of digital banking, Mexico emerges as a contender, mirroring Brazil's landscape from six years ago, before its neobank explosion. BofA highlights similarities but also stark differences in growth rates and market...

Colombian Senate Passes Petro’s Key Pension Reform

The Colombian Senate recently approved President Gustavo Petro's key pension reform, now pending in the Chamber of Representatives. Introduced over a year ago, this legislation...

Milei’s Austerity Measures Spark Nationwide Backlash

Argentina recently saw one of its largest protests in the last twenty years, a...

Venezuela’s Economic Resurgence in 2024

In a remarkable turnaround, Venezuela's economy is poised to outshine its neighbors, Colombia and Ecuador, with an expected 4%...

Persistent Downturn Hits Argentina’s Industrial Sectors

In the grip of a persistent downturn, Argentina’s industrial sector reported a significant contraction of 6.8% this February. This marked a continuing decline stretching over...

Venezuela’s Strategic Shift to Cryptocurrency for Oil Trading

Venezuela, faced with mounting international sanctions, is now turning to cryptocurrency for oil trading, according to local media. This represents...

The Decline of Latin America’s Currency Rally

The Colombian peso's rally, mirroring the 15% increase seen in Mexico's peso in 2023, might be drawing to a...

Global Companies Join Chile’s Lithium Innovation Initiative

In an impressive show of international interest, companies from 12 distinct nations have rallied...

Argentina’s Economic Turnaround in Early 2024

In early 2024, Argentina heralded a new era of economic stability, achieving a fiscal surplus...

Cabinet Reshuffle in Venezuela

Venezuelan President Nicolás Maduro recently announced a reshuffle of key government positions to tackle public service management challenges. Since 2017,...