Latin America
Argentina’s Confidence Boosted by Second Rate Cut
In a bold move to combat skyrocketing inflation, the Argentine Central Bank has reduced its benchmark interest rate from 70% to 60%.
This decisive action...
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 years.
This agreement promises substantial support for Ecuador's economic initiatives aimed...
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 Petróleos Mexicanos (Pemex).
Recent figures from...
Venezuela’s $154 Billion Debt Challenge: Toward a Complex Restructuring
Venezuela stands on the cusp of tackling its formidable $154 billion debt, presenting a...
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,...
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% growth in 2024.
This growth exceeds...
Bolivia’s Booming Cocoa Exports
In 2023, Bolivian cocoa and its derivatives hit a new export high of $2.9 million, weighing in at 621...
Poll Shows Left-Wing Coalition Ahead in Uruguay’s Election Race
In Uruguay's vibrant political scene, the Frente Amplio (FA) has taken the lead in voter preferences for the presidential...
Persistent Downturn Hits Argentina’s Industrial Sectors
In the grip of a persistent downturn, Argentina’s industrial sector reported a significant contraction...
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...
Global Companies Join Chile’s Lithium Innovation Initiative
In an impressive show of international interest, companies from 12 distinct nations have rallied to a call from the...
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