ECONOMY
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Ecuador’s Assembly Rejects VAT Increase Aimed at Funding Security Measures
In a significant legislative decision, Ecuador's National Assembly voted against President Daniel Noboa's proposal to raise the value-added tax (IVA)…
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Brazil’s Lula Predicts Growth and Inflation Stability in 2024
In a promising forecast for Brazil's economy, President Luiz Inacio Lula da Silva projects over 2% growth and controlled inflation…
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Cuban Leadership Shuffles Amid Economic Reform Backlash and Cyberattack Disruptions
In a significant reshuffle of Cuba's cabinet, President Miguel Díaz-Canel dismissed Economy Minister Alejandro Gil following controversy over postponed fuel…
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Ecuador’s Banking Sector Protests Proposed ‘Discriminatory’ Taxation Amid Anti-Crime Funding Efforts
Ecuador's Association of Private Banks (Asobanca) has publicly denounced what it perceives as discriminatory treatment in the proposed tax reform…
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IMF Praises Argentina’s Ambitious Economic Reform Plan Under President Milei’s Leadership
The International Monetary Fund endorses President Javier Milei's ambitious reforms for Argentina, highlighting commitments to boost international reserves and end…
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Argentina’s Economic Turmoil Halts MotoGP’s Grand Prix Event
Global motor racing event MotoGP's Argentina Grand Prix, slated for April, is canceled amidst the country's deepening economic crisis.
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Uruguay’s Agricultural Innovation Leads the Charge in Bioeconomy
Uruguay is emerging as a leader in agricultural innovation and Bioeconomy, leveraging its natural resources and agrarian prowess, as highlighted…
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Potential Renewal of U.S. Sanctions Threaten Venezuela’s Oil Sector and Economic Recovery
The potential reimposition of U.S. sanctions on Venezuela's oil and gas sectors looms large, signaling significant challenges for the nation's…
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Cuba Braces for Economic Turmoil Amid Imminent Gas Price Surge
Facing imminent five-fold gasoline price hikes, Cuban President Miguel Diaz-Canel defends the necessity of these measures amidst public apprehension, acknowledging…
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Argentina’s Government Adjusts Reform Bill for Legislative Approval
Argentina's government, led by President Javier Milei, has strategically withdrawn key spending reforms from a comprehensive bill to ensure its…
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