In an interview published by Finanzas Digital and with an optimistic message and full of confidence in a progressive economic recovery for Venezuela, Horacio Velutini, director of the National Council for Investment Promotion (Conapri), presented his vision of the Venezuelan financial environment,…
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Latin America
Dina Boluarte assumes the presidency of Peru
Dina Boluarte was sworn in as the new president of Peru, thus becoming the first in the country's history, since as vice president, as established by the Constitution, she had to assume office after the dismissal of Pedro Castillo by…
Government of Argentina sets maximum limit for monthly fuel price increases
The Ministry of Economy of Argentina, together with the Secretariat of Energy, has reached an agreement with businessmen from the energy companies sector to set a monthly top for fuel increases for a period of four months.
Specifically,…
Latin America could face poverty crisis
The Economic Commission for Latin America and the Caribbean (ECLAC) warned that the Latin American region is facing a "serious social crisis" and that poverty levels by 2022 will be 32.1 % of the population. total, a figure higher than that…
Ecuador will not forgive debts of up to $10,000
The Government of Ecuador rejected the forgiveness of debts of up to 10,000 US dollars after the Ministry of Government indicated that it is not feasible to forgive debts of more than 3,000 dollars.
According to the State portfolio,…
Brazil is the focus of computer attacks
A study conducted by Karpersky's Threat Outlook found that between August 2021 and August 2022, there were 2,366 malware attacks and 110 phishing messages blocked per minute in Latin America, with Brazil being the main victim.
Brazil…
Latin America will face problems with inflation
Inflation in the countries of Latin America will record figures above the world average in 2023, with a difference of approximately eight percentage points, with 13 %, compared to the 5 % average in the rest of the world, according to the…
Visa will no longer have a card with FTX
The Visa payment processor recently announced that it will no longer continue with the agreement it had with the FTX exchange regarding the launch of a physical card with an emphasis on Latin America, due to its current situation.
The…
Guatemala will host the Feleban Assembly
Guatemala was chosen for the second time as the venue for the 56th edition of the Annual Assembly of the Latin American Federation of Banks (Feleban).
The event, also organized by the Banking Association of Guatemala, will be held between…
Latin America and the Caribbean, the regions most exposed to a recession in the United States
The Latin American and Caribbean regions are the most susceptible to a possible recession in the US economy, according to the report 'The vulnerabilities of Latin America and the Caribbean in the face of a US recession.' published by Fitch…
Latin America faces “a lost decade”
Several economic experts for the countries of Latin America have warned that the region is facing "a lost decade" in terms of economic growth that will last until 2025, since the levels of GDP per capita of 2014 will not be recovered until…
Lula wins the elections in Brazil
The left-wing candidate Luiz Inácio Lula da Silva (50.88%) won by a narrow margin over his rival and current Brazilian president, Jair Bolsonaro (49.12%) with 99.63% counted and thus strengthens the options of comeback after a start of the…