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 regulation to offer companies and individuals transparency and…
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Latin America
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…
Spanish Mobius Group targets Europe and Latin America
By 2023, the Spanish business group Mobius Group will focus on its "internationalization", especially towards Europe and Latin America, and also on the consolidation of its technological proposal, which, according to what it has indicated,…
Brazil and Argentina will have a common currency
The governments of Brazil and Argentina will announce next week preparations to launch a common currency project that could turn the two countries, the two largest South American economies, into the world's second-largest currency bloc.…
IDB will allocate strong investment to Colombia
The Inter-American Development Bank (IDB) will allocate 73.5 million dollars to Colombia to promote the energy transition and to implement the Plan to Contain Deforestation in the Amazon.
The announcement took place during the bilateral…
IDB commits to Latin America
The new president of the Inter-American Development Bank (IDB), Ilhan Goldfajn, promised to ensure that the multilateral bank is the "most important" development institution for Latin America and the Caribbean, becoming a "reliable" partner…
Latin American economy will grow 1.3 % in 2023
The World Bank forecasts a "sharp slowdown" in economic growth in Latin America in 2023, with an increase in Gross Domestic Product (GDP) of 1.3 % for this year.
According to the forecasts of the international organization released this…
Peru’s economic reactivation is expected soon
The Minister of Economy and Finance of Peru, Alex Contreras, pointed out that the reactivation of the economy of the regions of the country most affected by the social conflict can be appreciated already at the end of the first quarter of…
Ecuador and China finalize trade agreement
Ecuador and China successfully concluded the dialogue to achieve a trade agreement between the two countries, after four rounds of negotiations and dozens of technical meetings in the last ten months.
The president of Ecuador, Guillermo…
Latin America closes the year with high interest rates
At the end of 2022, interest rates in Latin America are at the highest levels in recent decades, although the downward trend in inflation in most of the region's countries in the second half of this year makes it possible to think about a…
Mexico is emerging as the best Hispanic economy
Spain will close 2022 as the sixteenth largest economy in the world, two steps below the position it occupied last year in the World Economic League, placing one position behind Mexico, which becomes the largest Spanish-speaking country in…