The Judiciary of Peru has dismissed the 'habeas corpus' that sought to annul the provisional detention of former President Pedro Castillo, accused of the alleged crimes of aggravated criminal organization, aggravated influence peddling and simple collusion.
The Sixth Constitutional Court of the…
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Latin America
Bimbo’s profit in 2022 reached more than $2,000 million
Grupo Bimbo registered a net profit of approximately 2,500 million dollars in 2022, almost tripling the result obtained in the previous year, when it reached a figure of more than 800 million dollars, that is, 195 % more.
According to the…
76% of Spanish companies will increase their investments in Latin America in 2023
76% of Spanish companies plan to increase their investments in Latin America in 2023, which leads to 79% being confident that their turnover in the region will increase in the next three years, reaching a higher weight than Spain for 51% of…
Latin American startups generated $8.1 billion in 2022
Latin American startups led by Brazil and Mexico raised $8.1 billion in venture capital in 2022, according to a report by Endeavor and Gisco Partners. Despite the fact that the figure is 47 % lower than that of 2021, this year has been…
China will represent 25% of the Latin American market
25% of the commercial exchanges carried out by Latin America in the year 2035 will be with China, which translates into figures of a total of 700,000 million dollars, double what the Asian giant represented for the region in the year 2020 .…
Argentina will impose strict rules for cryptocurrency companies
The Argentine National Securities Commission announced that it will implement stricter rules for cryptocurrency companies in the country. The measure seeks to guarantee the protection of investors and prevent illegal practices in the…
Inflation in Ecuador falls six tenths in January
The Consumer Price Index (CPI) of Ecuador fell to 3.12 % year-on-year in January, which represents a drop of six tenths compared to the December figure, when it stood at 3.74 %.
Such a low figure has not been given since last April, when…
Venezuela and Colombia sign investment agreement
This Friday the President of the Republic, Nicolás Maduro, signed an agreement for the promotion and reciprocal protection of investments with the Republic of Colombia, in order to strengthen economic development between both nations.
The…
Argentina faces inflation with a new 2,000-peso bill
Argentina will put into circulation in the middle of this year the new 2,000-peso bill, which will become the highest denomination. The purpose is to face the high inflation that overwhelms the nation.
In December 2022, Argentina closed…
Brazil and Mexico lead the regulation of the fintech sector in Latin America
Regulation of the fintech market is a priority for Latin America. Mexico and Brazil stand out as pioneers in this area.
Both nations, one in the north and the other in the south of the continent, are advancing in terms of fintech…
Venezuela activates tourist route through the Baseballl Caribbean Series
Venezuela activated a tourist route for visitors that it will receive within the framework of the 65th edition of the Caribbean Series, the most important baseball competition in Latin America that will be held in Caracas and La Guaira…
Chile: Fintech Law enters into force on February 3
The new Fintech Law in Chile is expected to come into force on February 3 to achieve strict regulation of the capital market.
According to local media, as the date of application of the Fintech Law in Chile approaches, expectations are…