Latin America
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 year to a daunting total...
A New Dawn in Haiti
Amid the turmoil and violence that has long gripped Haiti, a beacon of hope emerges with the establishment of a Transitional Presidential Council.
This pivotal move follows the resignation of former Prime Minister Ariel Henry,...
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...
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...
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 direct response to President Javier...
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%...
Bolivia’s Booming Cocoa Exports
In 2023, Bolivian cocoa and its derivatives hit a new export high of $2.9...
Persistent Downturn Hits Argentina’s Industrial Sectors
In the grip of a persistent downturn, Argentina’s industrial sector reported a significant contraction of...
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...
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