The insurance market in Latin America experienced a drop of 11.9 % in premiums in 2020, to 134,361 million dollars, of which 57 % were registered in Non-Life insurance compared to the remaining 43 % in Life insurance, according to a report presented by Mapfre Economics and edited by Mapfre…
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Latin America
CEAPI and UNWTO will promote Ibero-American development through tourism
The Business Council Alianza por Iberoamérica (CEAPI) and the World Tourism Organization (UNWTO) have signed a Memorandum of Understanding to "strengthen the Ibero-American business space through tourism and give renewed impetus to the…
Lima maintains the largest crypto operations in Peru
An analysis carried out by Chainalysis determined that Peru is the fourth Latin American country to be part of the top 20 in the world in terms of the use of cryptocurrencies.
On the other hand, the company Buda.com indicated that Lima,…
SeSocio announces the launch of its NFTs marketplace
SeSocio, an Argentine online investment platform, authorized the first version of its e-commerce website so that users can trade non-fungible tokens, better known as NFTs. These collectible assets have become highly profitable products and…
IMF appoints Brazilian Illan Goldfajn as director of the Western Hemisphere
The International Monetary Fund (IMF) announced that Illan Goldfajn will assume the position of director for the Western Hemisphere department from January 2022. He will replace Alejandro Werner, who retired last August after eight years in…
Latin American banking association and Blockchain Intelligence sing a cooperation agreement
The Latin American Banking Association, together with Blockchain Intelligence, signed an agreement that seeks to address the future of banks hand in hand with blockchain and cryptocurrency technology.
Through a statement, the technology…
Colombia concentrates the largest number of Bitcoin ATMs in LA
El Salvador was the first country in the world to assume a crypto as legal tender in its territory. However, it is one of the nations that has fewer ATMs where citizens can acquire Bitcoin.
According to the Coin ATM Radar website database,…
In Latin America 70 % of jobs are informal
About 70 % of the jobs generated from mid-2020 to the first quarter of 2021 in several Latin American countries have been in informal conditions, according to a new report by the International Labor Organization (ILO), which has called for…
Ecuador and the IMF reach an agreement to review the economic program
The International Monetary Fund (IMF) and Ecuador reached an agreement at the technical staff level on the second and third review of the economic program of the Latin American country within the framework of the Expanded Service (SAF), as…
Cuba will ease tourism restrictions in November
The Government of Cuba announced the gradual reactivation of the country's borders as of November 15, assuming that by that month more than 90 % of the Cuban population will have completed the vaccination schedule against Covid-19.
The…
Unemployment in Colombia falls to 14.3 %
The unemployment rate in Colombia fell to 14.3 % in July, a reduction of 5.9 percentage points with respect to the same month of the previous year, according to data published by the National Administrative Department of Statistics (NADS).…
Fintech investment in Latin America exceeded $ 51,000 million
Investment in fintech companies in America reached 51 billion dollars in the first half of the year in a total of 1,188 operations in the region, according to a report published by KPMG.
The analysis carried out by the consulting firm…