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 Ratings.
Among the reasons, the credit rating company…
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Latin America
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…
Germany tops list of world’s most pro-crypto countries in Q3 2022
Cryptocurrencies are present in most of the world's economies. Germany is not out of the adoption trend and, according to a study by Coincub, the European country is in the top of the most favorable to crypto adoption for the third quarter…
The UN commemorates World Food Day 2022
This October 16 marks International Food Day. This year's slogan, "Leave no one behind", encompasses the UN's commitment, in more than 150 countries, to carry out sustainable programs in this area and guarantee the health and well-being of…
IMF: Venezuelan economy will be saved from the slowdown
According to the most recent Economic Outlook report of the International Monetary Fund (IMF), Venezuela will show the second-highest economic growth in Latin America in 2022 and the best performance in the region in 2023.
For the…
Brazil has shown three months of deflation
The National Consumer Price Index of Brazil registered in September a monthly setback of 0.29 %, being the third consecutive month in which prices contract in the largest Latin American economy, according to data published by the Brazilian…
The World Bank assures that the Latin American economy will grow by 3 %
The World Bank estimates that the Gross Domestic Product (GDP) of Latin America and the Caribbean will grow 3 % in 2022, a rate higher than expected due to the increase in the prices of raw materials.
However, the agency estimates that…
The Latin American insurance market grows 11.5 % in 2021
The Latin American insurance market grew 11.5 % in 2021, to 149,794 million dollars (about 153,280 million euros), and recovered from the strong contraction it experienced in 2020 (-11.9 %). Although it has not yet recovered the level of…
Latin America maintains ethereum events agenda in October
The agenda of events in the ethereum ecosystem for Latin America begins on October 1st in Ecuador, with the ETHQuito event. An advance in the implementation of blockchain technology in the region.
The ETHQuito will serve to show the…
Cuba has created more than 5,000 companies in a year
The Cuban Ministry of Economy and Planning (MEP) approved 93 applications for the creation of micro, small and medium-sized enterprises, reaching more than 5,000 private organizations since the regulations that allowed it came into force a…
Airbus and Ecocopter will provide urban air mobility services in Chile, Ecuador and Peru
Airbus and Ecocopter have signed a Memorandum of Understanding to start collaborating on the launch of urban air mobility services in Chile, Ecuador and Peru, as reported in a statement.
The companies have highlighted that this is an…