Economy
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ECONOMY
Discovering Ancient Guayupe Sites in Colombian Oil Exploration
Ecopetrol, Colombia's state oil company, has identified at least 27 archaeological sites of the pre-Columbian Guayupe people in Meta, revealing…
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ECONOMY
Brazilian Real Plunges Amidst Government Communication Woes and Market Noise
The Brazilian Real's recent depreciation against the US dollar is attributed to government communication issues and market uncertainties. Finance Minister…
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ECONOMY
Mulino Faces Economic and Migratory Challenges in Panama
José Raúl Mulino, a pro-business politician, assumes the presidency of Panama with promises to revive the economy and address irregular…
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ECONOMY
El Salvador’s Bukele Announces Dismissal of 300 Public Employees to Save Funds
In a significant and controversial move, El Salvador's President Nayib Bukele has announced dismissing over 300 employees from the Ministry…
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ECONOMY
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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ECONOMY
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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ECONOMY
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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ECONOMY
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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ECONOMY
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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