Venezuela and South Korea are exploring ways to strengthen their trade ties in key sectors, such as energy and agribusiness, in addition to facilitating the entry of South Korean capital and industries into the Venezuelan market.
In this regard, the Director General for Latin American and Caribbean…
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Latin America
Latin America’s position in AI development
How does Latin America compare to other nations that have made progress in the development of artificial intelligence? While Latin America and the Caribbean are still working to accelerate their internet speeds, nations like the United…
Cyberespionage group linked to China focuses operations on Latin America
New movements by the cybercriminal group “FamousSparrow,” an APT (prolonged and stealthy cyberattack) where an intruder gains access to a network and remains hidden for a period of time to steal data or spy, have been revealed, reported…
Bolivia considers integrating Tether’s USDT into its national payment system
Bolivia continues its openness to digital assets as a support for its national currency, the boliviano. In this regard, the South American nation is considering including Tether's USDT stablecoin in its payment system.
The adoption of…
Argentina secures $5 billion in new international loans
On Monday, June 22, Argentine President Javier Milei authorized the Treasury to acquire $5 billion in new debt under partial guarantee schemes provided by multilateral organizations.
While the resolution does not specify the lenders…
Latin American countries that lead global oil production
Data published by the Latin American and Caribbean Energy Organization (OLACDE) shows that by 2025, the Latin America and Caribbean region will contribute approximately 11 % of the world's oil supply and nearly 6 % of its natural gas…
Argentina leads the region in stablecoin use
The increased adoption of stablecoins in Argentina, as a hedge against inflation, positions the country as a benchmark in Latin America.
Macroeconomic factors such as low financial inclusion, exchange restrictions, and the gap in the…
Three Latin American countries have the highest monthly minimum wages
The issue of wages is debated globally. The pursuit of workers' social and economic well-being drives negotiations between unions, labor federations, and government representatives. Recent reports from Bloomberg Linea indicate that three…
Central Bank of Peru projects 2.4 % inflation in 2026
The projections of the Central Reserve Bank of Peru regarding the country's annual inflation rate place the figure at 2.4 %. This was indicated last week by the president of the regulatory body, Julio Velarde, adding that the gross domestic…
Cryptocurrency market booms in Latin America and faces regulations in Europe
Digital assets can represent economic salvation for some and a path to ruin for others. Nevertheless, crypto adoption continues to increase in Latin America and Central America, while regulations are tightening in Europe, Asia, and…
IMF forecasts economic growth for Argentina within the G20
The International Monetary Fund estimates that Argentina will be the fourth fastest-growing economy within the G20 in 2026, ranking behind India, Indonesia, and China.
According to the international organization's projections regarding the…
Bolivia’s GDP could contract in 2026
In its recent projections for 2026, the World Bank indicated that Bolivia could experience a 1.1 % contraction in its GDP.
According to the international institution, the nation could experience the steepest decline in Latin America, due…