Latin America
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 complex restructuring challenge.
This vast sum has accumulated from a variety of financial instruments, including overdue bonds, loans, and legal judgments,...
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...
Colombian Senate Passes Petro’s Key Pension Reform
The Colombian Senate recently approved President Gustavo Petro's key pension reform, now pending in...
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...
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 race on October 27, 2024.
A...
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...
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,...
Strengthening Bonds: Iran-Venezuela Deepen Ties
In a significant diplomatic encounter, Venezuelan President Nicolás Maduro warmly greeted a distinguished Iranian delegation...
Argentina’s Economic Turnaround in Early 2024
In early 2024, Argentina heralded a new era of economic stability, achieving a fiscal surplus of 0.2 percent of...
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