ECONOMY
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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Argentina's government, led by President Javier Milei, has strategically withdrawn key spending reforms from a comprehensive bill to ensure its…
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Argentina’s Milei Faces Tough Battle for Omnibus Reform Bill
President Javier Milei's ambitious omnibus bill, encompassing sweeping economic reforms in Argentina, has passed its first test in a lower…
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Argentina’s Milei Faces General Strike Over Economic Reforms
A month into his presidency, Argentina's right-wing leader Javier Milei confronts a national strike protesting his aggressive union-targeting decree and…
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Brazil’s Bold Plan to Revive Industry with $60 Billion Investment
Brazil's government launches a $60 billion initiative to counteract early deindustrialization. It aims to revitalize its industrial sector with innovative,…
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Ecuador Seeks U.S., European Aid for Crime Fight, Economy Boost
Ecuadorian President Daniel Noboa solicits financial support from the U.S. and Europe to bolster the nation's fight against organized crime…
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Widening Wealth Gap: Brazil’s Elites Grow Richer, Faster
In Brazil, the rich are getting richer at an alarming rate, outpacing the general population and challenging President Lula's commitment…
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Brazil May Fall Short of Achieving Fiscal Targets in 2024
As 2024 unfolds, Brazil confronts a significant fiscal challenge, with the federal audit court projecting a primary deficit of 55.3…
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Panama Canal’s Drought Crisis to Affect Global Trade
A devastating drought in Panama has led to a 36% reduction in ship crossings through the vital Panama Canal. This…
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Venezuela’s Oil Production Rises, Aiming Beyond a Million Barrels in 2024
Venezuela's oil production increased to an average of 783,000 barrels per day in 2023, marking a 9.3% rise from 2022,…
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