Macri and Temer agree to open Mercosur and to closer ties with Mexico

In a state visit to Brasilia, Argentina President Mauricio Macri said that Mercosur would focus on strengthening its relationship with Mexico, Latin America's second-largest economy after Brazil.

Multinationals in Mexico say trump unlikely to tear apart NAFTA

“I seriously doubt that President Trump would cast aside the relationship with Mexico,” Frederic Garcia

Colombia’s exports dropped another 13% in 2016

Colombia’s exports dropped 13% in 2016 in spite of a minor increase in exports to its biggest trade partner, the United States, for the first time since the two countries signed a free trade agreement.

Former Uruguayan president Mujica warns of "Trade Wars"

“The Uruguayan government must deal with an international situation full of uncertainties, and we don’t know whether this situation will lead to a trade war. Hopefully not, but it’s a latent danger,” Mujica

Crime and violence cost Latin America and the Caribbean 3.55% of GDP

A study by the Inter-American Development Bank (IDB) estimates the direct annual cost of crime and violence in Latin America and the Caribbean at US$261 billion or 3.55% of GDP

Chile’s forest fires to cost $333 million: Finance minister

The government will reallocate $100 million from the current budget, while another $233 million will be taken out of a rainy-day fund that the government maintains for such situations

Have you been to Cuba? CEOs discuss business and travel opportunities on the island

This week’s question: Have you ever been to Cuba? Do you plan to go? Why or why not?

Chile’s jobless rate near year low, self-employment rises

Some 80,000 jobs were created in Chile last year. That compares to 200,000 jobs created when the economy of the top copper exporter was booming in 2011.

What to expect when the presidents of Brazil and Argentina meet

South America’s biggest economies want to work more closely together. That will not be easy

Avianca says to negotiate alliance with United Airlines

Avianca Holdings SA, one of Latin America's biggest airlines, said late on Tuesday it is seeking a commercial alliance with United Continental Holdings Inc, under terms still to be negotiated.

Brazil to escape recession in first quarter of 2017

Brazilian Finance Minister Henrique Meirelles said on Wednesday that his country is returning to a path of growth and will manage to escape recession in the first quarter of 2017.

NAFTA renegotiations to start in 90 days

Mexico’s president said talks to renegotiate the 1994 North American Free Trade Agreement linking his country with the United States and Canada would begin after a 90-day consultation period

Uruguay committed to reaching free-trade deal with China

“The executive branch is going to take this to the end, and if China wants an agreement we’ll reach an agreement and it will be up to the legislature to either approve or reject it,” Foreign Minister Rodolfo Nin Novoa

Brazil's little state that could

Espirito Santo, Brazil's fourth-smallest state, with 2 percent of national population, also is one of the country's most fiscally fit.

Tax plan sows confusion as tensions with Mexico soar

Trump appeared to embrace a proposal by House Republicans that would impose a 20 percent tax on all imported goods. Many businesses in industries such as retail and energy, which rely heavily on imports, were in a panic.

Colombia's IT industry continues to gain traction in North America

A solid economy and steady growth of 4,5% between 2010 and 2016 has been the fuel behind the internationalization strategy that seeks to attract foreign direct investment to develop mobile apps

Peru proposes new Asia-Pacific deal after US exit TPP

Peru's President Pedro Pablo Kuczynski on Tuesday proposed the creation of a trade bloc between member economies of the Asia-Pacific Economic Cooperation (APEC) forum and other nations.

Bolivia might become the south american energy core

Bolivia expects to hit an export of 8,000 megawatts of electricity for 2025, which is part of its aspiration to become an energy center in the Southern Cone, by contributing with nations as Brazil, Paraguay, Peru and Argentina.

Facing Trump, Mexicans think the unthinkable: Leaving Nafta

Not long ago, any suggestion that Mexico might walk away from the North American Free Trade Agreement would have been met with utter disbelief.

Colombia’s external debt at 40% of GDP

Colombia’s foreign debt reached $116 billion in October, equivalent to 40% of the country’s GDP, according to a report published Wednesday by the country’s state-run central bank.

Withdrawal from Trans-Pacific Partnership shifts U.S. role in world economy

President Trump’s cancellation Monday of an agreement for a sweeping trade deal with Asia began recasting America’s role in the global economy, leaving an opening for other countries to flex their muscles.

Mexico's Pena Nieto outlines goals for talks with Trump

President Enrique Pena Nieto has vowed to fight for Mexico's interests and defend migrants' rights during talks with the new US administration.

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