In Mexico, Hyundai is celebrating a decade of success and is consolidating itself as one of the ten best-selling brands. Since its arrival in May 2014 with three initial models, the prestigious Korean automotive brand has expanded its range and now offers everything from subcompact cars to midsize…
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Latin America
Latin America: Brazil and Mexico lead the fall in foreign investment
Brazil and Mexico lead the recent decline in Foreign Direct Investment (FDI). The scenario poses challenges that target key sectors such as economic development and modernization of the region.
FDI is, definitely, crucial for the…
Latin America: cocoa, coffee and hydrocarbons boosted the market in the first half
The increase in the prices of items such as cocoa and coffee, together with the hydrocarbon sector, has maintained a good rhythm of the markets in Latin America, despite declines in the value of wheat and corn.
According to the Bloomberg…
Banco Santander will offer Bitcoin and Ethereum trading in Brazil
Banco Santander approved trading with Bitcoin and Ethereum in Brazil through its Toro investment platform. In the initial stage it will apply to a select group of clients, and then it will be expanded to more than one million users in the…
Payment of salaries in cryptocurrencies in a growing trend in Latin America
Paying salaries in cryptocurrencies in Latin America is a trend that is increasing. In 2023, the number of workers receiving their payment in these currencies increased from 2 to 5 %.
Cryptocurrencies have gained ground in Latin America,…
The European Union will allocate humanitarian aid to Latin America
The European Union announced this Wednesday that it will allocate 130 million euros for humanitarian aid to confront the migration crisis in several Latin American countries.
The European Commission (EC) will allocate European Union (EU)…
Colombia, the United States and Spain are the countries that receive the most remittances from Latin…
The countries that receive the largest amount of remittances from Latin America, according to a report by the fintech Global66, are the United States, Colombia and Spain.
The study included the Chilean, Peruvian and Colombian markets,…
IDB: Digital payments have increased in Latin America and the Caribbean
Digital payments have experienced rapid growth in Central America and the Caribbean, according to the recent Inter-American Development Bank (IDB) report titled “Towards Greater Financial Inclusion for Development.”
The IDB published this…
IMF forecasts economic growth of 4 % for Venezuela at the end of 2024
The economic growth forecast of the International Monetary Fund for Venezuela, at the end of 2024, is 4 %. It would be the highest index in the region.
According to the latest IMF report, “World Economic Outlook”, Venezuela's GDP at the…
EU appointed new ambassadors in Latin America
Latin America already has its new ambassadors and chargé d'affaires of the European Union, who were appointed this Tuesday by Josep Borrell, head of European diplomacy.
The official appointed Jekaterina Dorodnova, current advisor for the…
Chile inaugurates the most modern waste pretreatment center in Latin America
The most modern waste pretreatment center in Latin America was inaugurated in Chile. The project belongs to the company Ambipar Environment and is equipped with the most advanced technology.
The leading company in environmental solutions,…
IDB: Latin American public debt reduced between 2020 and 2023
The Inter-American Development Bank, IDB, indicated this Monday that Latin America's public debt has been reduced and is close to reaching pre-pandemic levels.
According to the organization, public debt has been reduced in the region…