fbpx
Mauricio Macri, president of Argentina.

Mauricio Macri shelves sales taxes as he seeks to cut left's lead

Macri announced an end to sales taxes on basic food products until the end of the year in a bid to salvage his re-election prospects and end an economic crisis

Financial graph seen from the screen of a laptop

The fear of a "default" in Argentina increases after the collapse of the markets

The Credit Default Swap (CDS) prices for Argentina's five-year debt totaled 2,116 basis points

Colombian Central Bank seeks to lower inflation, but without hurry

The bank manager said that inflation would end this year by 3.6% due to temporary shocks in the prices of food and regulated products

Aerial view of the logistics port in Lianyungang, Jiangsu Province (China)

Global economy outlook darkens due to escalation in tariff warfare: Ifo Institute

According to a survey in 110 nations, measurements on expectations and economic conditions have been getting worse this trimester

View of the historic center of Lima

Peru’s Central Bank does not rule out new interest rate cut in September

The bank is evaluating the possible impacts on the economy after the official proposal to advance the general elections one year before 2020

European Union flags flutter outside the European Commission headquarters, in Brussels, Belgium

Brexit agreement is "the best deal possible", EU Commission says

Johnson has insisted Britain will leave the EU on Oct. 31 with or without a deal

Buenos Aires street, Argentina

Argentina's recession would be deeper this year: Central Bank

The survey carried out monthly by the monetary authority estimated a growth of the South American economy of 2% in 2020

Detail of a sculpture near the building of the headquarters of Petróleos de Venezuela (PDVSA), in Caracas (Venezuela).

US rejected Maduro's lawsuit against Citgo directive of opposition Guaidó

The ruling represents a major obstacle for Maduro's lawyers in an attempt to revoke Guaidó's directive

Bulgaria's Kristalina Georgieva as the candidate to head the International Monetary Fund. (Suiza)

Bulgaria's Georgieva climbs from communism to IMF head hopeful

Georgieva has posted a black-and-white picture of her family, with the comment: "From a village in Bulgaria to CEO of the World Bank

Vegetable sellers work at their stall at a fresh products market in Havana, Cuba July 30, 2019

Cuba, battling economic crisis, imposes sweeping price controls

Cuban President Miguel Diaz-Canel announced earlier this month that the government had adopted a series of emergency measures to fight economic stagnation 

Colombia’s Central Bank reduces GDP projection, inflation will exceed target

Colombia’s Central Bank reduced its economic growth forecasts for this and next year well below government goals while raising its inflation projection for 2019 over the target

Top view of people shopping in a supermarket

IMF drastically cuts Latin America's growth projection in 2019

The International Monetary Fund said "temporary factors" affect the production and growth of the region

Silvana Habib, president of Colombian Mining Agency, speaks during an interview with Reuters in Bogota, Colombia

Colombia wants to enter the world copper market

The South American country has so far focused its mining activity on coal and gold, but taking advantage of the potential in other resources, it wants to intensify copper exploration and production activities

Employees work at a production line of lithium ion batteries inside a factory in Dongguan, Guangdong province, China

Sweden in search of South American "white gold"

Several governments and car manufacturers, in the expectation of bigger demand for electric cars in the next years, are seeking to become allies of countries such as Chile, Bolivia, and Argentina, the so-called "lithium triangle" in South America

This photo shows boxes of machinery used in Bitcoin

Bitcoin craze hits Iran as US sanctions squeeze weak economy

Feeling the sanctions, coming from the U.S. and targeting the Islamic Republic's economy, Iranians are increasingly turning to digital currencies like Bitcoin

ILE - IPresidential candidate Alberto Fernandez and his running-mate, former President Cristina Fernandez

'Up in the air': Polls show Argentinian presidential race neck-and-neck

The polls point to tense months ahead for Argentina and its jittery markets, but also suggest both sides will need to make concessions to win over the middle ground of voters

People walk in a shopping zone in downtown Havana

Cuba hopes for slight growth as Trump pummels Caribbean island

Cuban President Miguel Diaz-Canel said upon closing the meeting on Saturday that a series of emergency measures announced this month aimed to stimulate domestic production and he hoped for slight growth this year

Trump blasts Bitcoin, Facebook's Libra, demands they face banking regulations

Donald Trump criticized Bitcoin, Facebook’s proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and make themselves subject to regulations

The installations of Ecopetrol's Castilla oil rig platform are seen in Castilla La Nueva, Colombi

Hocol signs 4 contracts for oil exploration in Colombia

Colombia has proven reserves of 1,958 million barrels, equivalent to 6.2 years of consumption, with a current average production of 865,000 barrels per day, of which 50 percent is for domestic consumption and the rest for export

Members of Congress celebrate the vote of the pension reform bill

Brazil's pension system is going to change

Pension reform is the cornerstone of right-wing President Jair Bolsonaro's economic agenda

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