Economy
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ECONOMY
Bolivia’s Dollar Drought Calls for Economic Reform Amid Regional Echoes of Financial Strain
Facing a persistent dollar shortage, Bolivia's Bolivian Institute of Foreign Trade (IBCE) has proposed urgent measures, including the deregulation of…
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ECONOMY
Ecuador’s Cocoa Farmers Advocate for Fair Trade Amid Global Price Surge on Valentine’s Day
On Valentine's Day, Ecuadorian cocoa producers, hailing from the birthplace of cocoa, championed the celebration with chocolate while demanding fair…
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ECONOMY
Peru’s Cabinet Shuffle Exemplifies Boluarte’s Bid to Revitalize Economy Amid Recession
Peruvian President Dina Boluarte announced a major cabinet reshuffle, appointing new ministers for key portfolios, including economy and energy, to…
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ECONOMY
Colombia Secures Multimillion-Dollar Loans to Bolster Peace Plans
Colombia has inked loan agreements exceeding $1.2 billion with international lenders, earmarked for vital budget allocations and initiatives supporting peace…
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ECONOMY
Fuel Consumption Decline in Argentina Amid Soaring Prices Under New Government Policy Sparks Economic Concerns and Consumer Shifts
As fuel prices skyrocketed in Argentina since December, consumption plummeted by nearly 10% in January, prompting a shift in consumer…
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ECONOMY
Illegal Mining Ravages Ecuador’s Amazon as Evidenced in a Dire Increase in Deforestation
In 2023, illegal gold mining activities devastated 784 hectares of jungle forests along the Punino River in Ecuador's Amazon, marking…
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ECONOMY
Major Shift in Global Trade as Mexico Surpasses China as Top U.S. Import Source
For the first time in two decades, the United States imported more goods and services from Mexico than China in…
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ECONOMY
Can Javier Milei Revitalize Argentina’s Economy? A Deep Dive into Reform and Resistance
At the "Argentina in Transition" forum, economists deliberated on President Javier Milei's radical reforms to revive Argentina's economy, plagued by…
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ECONOMY
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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ECONOMY
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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