ECONOMY
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Mexico’s President-elect Claudia Sheinbaum Promises No New Taxes
Claudia Sheinbaum, Mexico's President-elect, assures the general population that there will be no new taxes while committing to infrastructure investments…
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Venezuela’s Covert Oil Shipments Sustain Cuba Amid Fuel Crisis
Venezuela's state oil company, PDVSA, has used off-radar tankers to deliver crucial oil supplies to Cuba, navigating U.S. sanctions and…
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Argentina Faces Recession and Job Losses Amid Austerity Measures
Argentina entered a technical recession in the first quarter of the year, with job losses mounting as libertarian President Javier…
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Cuba Faces Ongoing Power Outages Amid Economic Struggles
Cuba's persistent power outages continue to affect about 10% of the population during peak hours, exacerbating the country's economic and…
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Foreign Investments in Latin America Remain Stable Amid Global Decline
Foreign direct investments (FDI) in Latin America remained almost stable in 2023, totaling $193 billion, making it the least affected…
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Colombian Congress Approves Debt Ceiling Increase Amid Fiscal Concerns
Colombia's Congress has approved a significant increase in the debt ceiling to $17.6 billion, enabling President Gustavo Petro's government to…
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Sheinbaum’s Judicial Reform Sparks Debate and Market Reactions in Mexico
As Claudia Sheinbaum prepares to become Mexico's next president, she faces scrutiny and concern from the business community over her…
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Bolivia’s Strategic Move: Transporting Argentine Gas to Brazil Efficiently
Bolivia's state oil company YPFB announces a strategic initiative to transport Argentine natural gas to Brazil, leveraging its robust infrastructure.…
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Chile Leads Latin America in Competitiveness Despite Economic Challenges
Despite economic setbacks, Chile remains the top Latin American country in the World Competitiveness Ranking. The nation's improved government efficiency…
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