Browsing Tag

Latin America

Inflation in Argentina continues to grow

Argentina's inflation advanced 4.8 % month-on-month in March, the highest level so far this year, which in the accumulated rate of the year is 13 %, according to data published this Thursday by the National Institute of Statistics and Censuses (Indec). In March, the activities of the education…

OECD warns about the growth of informal trade in Latin America

The Organization for Economic Cooperation and Development (OECD) warned that the crisis generated by the pandemic will cause strong increases in labor informality, inequality and poverty in several Latin American countries, so the…

Spain and the IDB will boost tourism in Latin America

Spain, through the Ministry of Economic Affairs and Digital Transformation and Segittur, will collaborate with the Inter-American Development Bank (IDB) to promote the smart tourist destinations (DTI in Spanish) model in Latin America and…

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IDB and Japan join forces in favor of Latin America and the Caribbean

The Inter-American Development Bank (IDB) as well as the Government of Japan join efforts of cooperation and brotherhood to contribute to the social and economic recovery of Latin America and the Caribbean. With a promise of alliance, both…

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Brazil becomes first Latin American country to launch bitcoin fund

This week, Brazil became the first country in Latin America to launch its own Exchange-Trade Funds (ETF) through the Brazilian Securities and Exchange Commission (CVM). The exchange-traded fund was called "Hashdex Nasdaq Crypto Index ETF",…

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UNESCO implements the International Hydrological Program

UNESCO, on the occasion of the International Water Day celebrated this March 22, announced the implementation of the International Hydrological Program (IHP). This program is considered the only intergovernmental program in the United…

IBM announces the start of operations of the Cloud Multizone Region

The IBM company announced the start of operations of its first IBM Cloud Multizone Region (MZR) team in the Latin American region. This represents a significant expansion in terms of the industry's presence in cloud computing. Building on…

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Peru’s economy contracted again

Peru's national production registered a 0.98 % contraction during the month of January, after the positive variation of 0.51 % recorded in December 2020, according to data published by the National Institute of Statistics and Informatics…

Cryptocurrencies

Ethereum Foundation will support projects in Latin America

The Ethereum Foundation announced its first jobs in Latin America, through the support of eight projects in Honduras and five in Colombia. This is a series of educational projects, development of dApps for animal protection or voting…

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World Bank calls to avoid extension of debt crisis in Latin America

This Tuesday, the president of the World Bank, David Malpass, reported that the crisis and financial climate that has occurred this last year has led the organization to fulfill the responsibility of raising the world's economies,…

Brazil stands out as the largest influencer in Latin America

Mexico, Brazil and Argentina are the Latin American countries with the greatest influence, according to the latest Global Soft Power Index 2021 report from the consulting firm Brand Finance. This year, the ranking incorporates 12 new Latin…

Cryptocurrencies

Banco de Bogotá will carry out a pilot plan with cryptocurrencies

The Financial Superintendence of Colombia will carry out a pilot plan during March to test operations with cryptocurrencies, in the hands of three major banks. This pilot is part of the "Regulatory Sandbox", whose objective is to be able…

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