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Latin America

March 2024: A Tough Month for Argentina’s Industry

In March 2024, Argentina's industrial sector faced a sharp decline, plummeting 21.2% from the same month the previous year. This significant drop, reported by the...

General Strike Shuts Down Argentina’s Transportation and Services

On Thursday, the General Confederation of Labor (CGT) initiated a 24-hour nationwide strike against President Javier Milei's government. The expected action will likely cause severe disruptions to Argentina's public transportation, as unions representing bus, subway,...

Argentina Suspends Direct Flights to Havana Amid Economic and Political Shifts

Argentina recently halted direct flights to Havana, indicating major policy shifts in aviation and foreign relations. Influenced by economic factors and strategic alignments, this decision...

Uruguay’s Economic Resilience: A Tale of Growth Amid Challenges

Uruguay, a small yet vibrant nation, has consistently shown remarkable economic resilience. As April concluded,...

China Defends Investment in Peru’s Chancay Port Dispute

China is actively defending its $3.5 billion Chancay port development project located along the coast of Peru. Cosco Shipping Ports...

Peru’s Rise as a Blueberry Export Powerhouse

Peru's ascent to the global forefront of blueberry exports is an inspiring story of agricultural success and economic savvy. Introduced in 2008 to Peru's Andean...

Argentina Unveils New 10,000-Peso Banknote to Combat Inflation

Argentina's Central Bank (BCRA) introduced the new 10,000-peso banknote and is distributing it nationwide via banks and ATMs. This note...

Milei’s Diplomatic Path to Reclaim Falkland Islands Sovereignty

President Javier Milei of Argentina aims to reclaim the Falkland Islands (Islas Malvinas) from the United Kingdom through a...

Bolivia’s Tax Revenue Grows by 12.5% in First Four Months of 2024

Bolivia's tax revenue reached 13.031 billion bolivianos (approximately $1.824 billion) during the first four...

Petro’s Push: Redefining Colombia’s Trade Strategy with the U.S.

As Colombia marks the twelfth year of its Free Trade Agreement (FTA) with the United...

Challenges Ahead: Pemex’s Declining Oil Production

As 2024 approaches, Petróleos Mexicanos (Pemex), led by CEO Octavio Romero Oropeza, braces for a downturn in oil production,...