Latin America
Mexico Records Remarkable Trade Surplus in March
In March, Mexico showcased a notable turnaround in its economic performance, registering a significant trade surplus of $2.098 billion.
This marked a dramatic shift from...
Argentina Slashes Tariffs to Propel Auto Industry Forward
Argentina has made a significant strategic move to enhance its automotive industry's global competitiveness.
Under the leadership of Economy Minister Luis Caputo and President Javier Milei, the country has substantially reduced tariffs and taxes.
This reduction...
Pemex Profits Plummet 92% in Early 2024
In the first quarter of 2024, Petróleos Mexicanos (Pemex) experienced a significant financial downturn.
Profits plummeted by 91.7%, falling from MXN 56.735 billion ($3.40 billion)...
General Motors Shifts Strategy in South America
General Motors (GM) officially declared that it will shut down its assembly operations in...
Argentina’s Rising Tide of Debt
In 2023, Argentina faced a steep climb in its private external debt, soaring by $15.97 billion from the previous...
Ecuador Secures $4 Billion IMF Agreement Amid Economic Reforms
On April 25, 2024, Ecuador marked a significant milestone, securing a $4 billion deal with the International Monetary Fund (IMF) for the next four...
Mexico’s Oil Output Dips Amid Field Challenges
Mexico faces declining oil production, primarily from the Ku offshore and Quesqui terrestrial fields, both vital assets under state-run...
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...
Mexico’s Rise in Neobanking: Following Brazil’s Footsteps
In the dynamic world of digital banking, Mexico emerges as a contender, mirroring Brazil's...
Milei’s Austerity Measures Spark Nationwide Backlash
Argentina recently saw one of its largest protests in the last twenty years, a direct...
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%...
-
MOST VIEWED – TODAY