Economy
-
ECONOMY
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,…
Read More » -
ECONOMY
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…
Read More » -
ECONOMY
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…
Read More » -
ECONOMY
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…
Read More » -
ECONOMY
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…
Read More » -
ECONOMY
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,…
Read More » -
ECONOMY
Dominican Republic Trials Innovative Four-Day Workweek Model
The Dominican Republic is set to pilot a groundbreaking six-month program for a four-day workweek, the first in the Caribbean,…
Read More » -
ECONOMY
Venezuela’s Maduro Projects 8% Economic Growth in 2024
In his annual address, Venezuelan President Nicolas Maduro announced an optimistic economic growth forecast of 8% for 2024, marking a…
Read More » -
ECONOMY
Argentine Cabinet Gathers for Pre-Davos Barbecue
Before President Javier Milei's Davos Forum trip, Argentina's cabinet ministers convened for a meeting, followed by a communal barbecue at…
Read More » -
ECONOMY
Argentina Inflation Surges Past 210%, Challenging Milei’s Government
In 2023, Argentina faced a staggering 211.4% annual inflation rate, the highest since the 1989-1990 hyperinflation era. President Javier Milei's…
Read More »