Browsing Tag

Latin America

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…

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…