Users of the online payment platform in Chile can now buy, sell and store Bitcoin (BTC) and Ether (ETH) through the Mercado Pago app, according to Osvaldo Giménez, president of Mercado Libre's Fintech sector, who announced the news on LinkedIn.
Brazil and Mexico were the first countries to…
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Latin America
Argentine GDP had a growth in 2022 of 5.2 %
The Gross Domestic Product (GDP) of Argentina grew by 5.2 % year-on-year in 2022, driven by a positive performance in almost all sectors of activity, with the exception of agriculture, livestock, hunting and forestry, which fell by 4, 1 %.…
Argentina will receive financing from the IDB for USD 235 million
Argentina signed this Friday with the Inter-American Development Bank (IDB) a financing program for key areas of the local economy, for the amount of USD 235 million.
The meeting between the Minister of Economy of Argentina, Sergio Massa,…
The EU allocates 145 million euros for a digital alliance with Latin America
The European Union has announced 145 million euros to promote digital cooperation with Latin America and the Caribbean, within the framework of the Global Gateway projects, the infrastructure investment initiative with which the block…
Uruguay will host a forum on renewable energy this year
The general director of the International Renewable Energy Agency (IRENA), Francesco La Camera, reported that the first Latin American Investment Forum in renewable energy will take place in Uruguay on November 9 and 10 of this year.
The…
Central Bank of Bolivia sells dollars to curb speculation
The Central Bank of Bolivia (BCB) began selling dollars to the public to meet an unusual demand for the US currency, which authorities say is due to speculation about the country's economic situation.
The president of the BCB, Edwin Rojas,…
Inflation in Brazil fell one tenth in February
The Consumer Price Index (CPI) in Brazil stood at 5.6 % year-on-year in February, a drop of more than one tenth compared to the data for January, according to the Brazilian Institute of Geography and Statistics (IBGE).
Thus, Brazilian…
Government of Peru expects private investment to recover in the second quarter
The Minister of Economy and Finance, Alex Contreras, has indicated that he expects private investment to begin to recover from the second quarter of the year, noting that the Andean country has "impressive" poles of economic attraction such…
Orange allies with OneWeb to boost connectivity via satellite
Orange has signed an agreement with the nanosatellite company OneWeb to promote connectivity with this technology in remote areas in Europe, Latin America and Africa.
The distribution agreement will allow Orange to integrate the OneWeb…
Latin American air traffic growth slowed
Air passenger traffic in Latin America reached 31.3 million people transported in January, which is equivalent to 96.4 % of the figure registered in the same month of 2019, prior to the pandemic.
Thus, according to the monthly report…
Oil exports fell 8 % in January
Venezuela's oil exports experienced an 8 % drop at the end of January, as reported by Reuters, as a result of contract reviews requested by the new PDVSA president, Pedro Tellechea.
The new manager ordered in January to suspend "most…
Tesla will install a factory in Monterrey
The President of Mexico, Andrés Manuel López Obrador, has confirmed that Tesla will build a factory in the Mexican city of Monterrey, in the north of the country, becoming the first that the company will have in Latin America.
In his…