Peru’s trade agreement with Honduras takes effect in 2017

The free-trade agreement between Peru and Honduras will took effect on Jan. 1, 2017. Peru exported $41 million of products to Honduras in 2015, up 4.7% from 2014.

Colombia looks towards formalizing coltan extraction

In what is an important move for the Colombian economy, the government has classified coltan as a mineral of strategic importance in their promotion of mining resources.

Colombia looks towards formalizing coltan extraction

In what is an important move for the Colombian economy, the government has classified coltan as a mineral of strategic importance in their promotion of mining resources.

LatAm is the fastest growing market for luxury automaker Lexus

Despite only having seven dealerships in seven cities, Lexus’ sales in LatAm are on a steady rise, what economic trend does this respond to?

Raul Castro’s Cuba allows farmers to hire workers directly

Under Raúl Castro, Cuba has introduced a series of changes to steer away from hardline Communism, but their pace slowed in the last year, generating doubts regarding the true commitment to the changes.

Fiscal responsibility key to set Brazil’s economy in motion

Brazil’s economic authorities agree that fiscal reform that tackles the growing budget gap must be the first step towards recovery.

Argentines mark 15th anniversary of economic crisis

On Dec. 19, 2001, De la Rua declared a state of emergency, but the unrest only grew and on the night of Dec. 20, he abandoned the presidential palace by helicopter.

The Cuban rum industry is booming

Cuban rum and cigars seem to have become the souvenir of choice for U.S. visitors to the island.

Growing number of Venezuelans trade bolivars for bitcoins to buy necessities

Bitcoin users still represent a tiny minority, but some believe that the currency will become more popular in Venezuela as economic uncertainty escalates

Colombia announces Kirchner-Style price controls on food

The Colombian government has signed an agreement with five major food warehouses in the country to impose price controls that freeze the price of red meat, fish, dairy, eggs, grains, and processed foods

Colombia should look out for the US and the TPP

In a study by CEPAL Colombia was shown to be one of the most vulnerable to a potential consolidation of the TPP despite not taking part in it.

Colombia should look out for the US and the TPP

In a study by CEPAL Colombia was shown to be one of the most vulnerable to a potential consolidation of the TPP despite not taking part in it.

Venezuela’s 100-bolivar bill saga has been a long time coming

President Nicolas Maduro has ordered an almost immediate withdrawal of Venezuela’s most commonly used bill, this debacle is a product of recent history.

Latin America’s GDP to Contract 1.1% in 2016

The worst-performing economies are expected to be those of Suriname, projected to contract by 10.4 percent, and Venezuela, forecast to shrink by 9.7 percent

Venezuela's 100-bolivar note withdrawal causes chaos

Venezuela's highest denomination banknote has ceased to be legal tender, in a move that has caused cash chaos and long queues at banks this week.

Cuba’s Surge in Tourism Keeps Food Off Residents’ Plates

The record arrival of nearly 3.5 million visitors to Cuba last year has caused a surging demand for food, causing ripple effects that are upsetting the very promise of Fidel Castro’s Cuba.

India looks favorably upon possible trade agreements with LatAm

India’s Commerce Secretary Rita Teaotia released a statement in which she encourages developing preferential trade agreements with LatAm.

Bitcoin offers Venezuelans a risky solution to avoid the crisis

Some Venezuelans are turning to Bitcoin ‘mining’ operations as a way to earn a decent living during the crisis, but the stakes are high.

Carlos Slim argues Trump’s success could be great for Mexico

The Mexican billionaire believes that if Trump’s plans to jumpstart the US economy work, Mexico would see benefits too.

Agribusiness Expected to Grow in Brazil During 2017

Grain production next year could grow as much as 14.2 percent after likely registering its biggest fall in six years in 2016.

OPEC barrel surges past $50 per barrel for first time in 15 months

The OPEC daily basket price rose by almost 13% after the group announced last Wednesday that it was cutting oil production by 1.2 million barrels as from January 2017

Santiago is becoming a shopping hotspot in Latin America

Tourism is a growing industry in Chile, but the kind of tourism that gets to Santiago is only interested in seeing the shops.

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