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.

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.

Venezuela issues new banknotes after inflation

Venezuela is issuing new higher-value notes to help deal with some of the practical problems of soaring inflation.

Uruguay looks for backers for ambitious infrastructure plan

In his current two-week visit to Europe, Uruguayan President Tabare Vasquez will look to persuade investors into his $12 billion roads and railways plan.

Cuba is reaching out to the world for foreign investors

For $2.5 million, a foreign investor can help create an international equestrian club in the Province of Havana or plunk down $10 million to create a network of eco-lodges across the island with a Cuban partner.

Oil giant Shell announces R$10 Billion in investments in Brazil

The recent approval to end Petrobras participation requirements is seen as opening opportunities for new players to enter the Brazilian petroleum market.

Mexican Peso in free-fall as Trump Wins

Donald Trump's victory in Tuesday’s U.S. presidential election drove the Mexican peso down to a record low against the dollar.

Brazil federal government freezes Rio bank accounts

The Brazilian government has frozen the bank accounts of Rio de Janeiro state, ordering it to pay millions of dollars in overdue debt.

Big money flows into Peru’s energy sector

Despite a global trend to slow down fossil fuel investment, private companies in Peru are enthused to enter the market with big capital. Natural gas represents the biggest shares.

Venture capitalists should not brush LatAm aside

With high-profile startups around the region and political stability on the rise, perhaps LatAm has nothing left to prove to investors.

Russia energy investments, multi-sector cooperation in Bolivia

Russia’s government announced it could invest hundreds of millions of dollars annually in Bolivia in natural gas and lithium-related projects

Itau Unibanco Buys Citibank Brazil For R$710 Million

Citibank sells off its retail operations in the country to focus on corporate and investment banking.

Uruguay to invest $6 Million to improve border passes for tourism

After improving the tourist passes, the government will undertake the necessary investments to improve the logistical trade flow of cargo transport in those border passes,

China confirms $4.86 Billion loan to Bolivia for infrastructure projects

China’s foreign minister confirmed Thursday that the Asian giant would provide Bolivia a $4.86 billion loan for road, energy and steel projects, among others.

Peru refinances govt debt with historic local-currency bond

Peru has issued $3 billion in sol-denominated bonds in an operation which reduced its dollar-denominated debt and extend average due dates.

Debate on PDVSA bond swap

For investors in Venezuela’s state-owned oil producer, its sweetened bond-swap terms are outweighing Congress’s threat to question the deal.

Of growth and globalization

One lesson from Latin America is that governments can ease inequality through social programmes. Latin America wants to rejoin the world. Will the world reciprocate?

How could China take advantage of the Colombian peace deal?

The end of conflict could mean the United States will back away from Colombia in terms of investment and assistance, China might try to fill the power gap.

Argentina looks towards China to revive its mining sector

Representatives from Argentina’s mining sector conducted on Monday the first seminar for investment projects for Chinese businessmen, with an eye on attracting capital from the world’s second largest economy.

Argentine Gov't Touts "Opportunities" for Foreign Investors

Argentina's government opened the 1st Business and Investment Forum in an effort to attract investment from around the world, drawing more than 1,500 foreign investors and corporate executives.

We use cookies to improve our website. By continuing to use this website, you are giving consent to cookies being used. More details…