Juan Martinez
Juan Martinez is a Chilean economist and journalist. He lives in South Florida and specializes in reporting on Latin America.
New High-Value Banknotes Set for Release in Argentina
Argentina's Central Bank today announced the release of new 10,000 and 20,000 pesos banknotes in June to combat inflation.
The current highest note, 2,000 pesos,...
Argentina Surpasses Venezuela with 211% Inflation in 2023
Argentina recorded an unprecedented annual inflation rate of 211% in 2023, a peak not seen since the early 1990s.
Authorities released this data on Thursday....
Peru’s Emergency Response to Ecuador Border Crisis
Peruvian President Dina Boluarte has declared a 60-day state of emergency in key northern areas bordering Ecuador and Colombia.
This decision strengthens security and order...
Peruvian exports grow by 1.1% in Jan-Nov 2023
Peruvian exports reached $58.172 billion between January and November 2023, growing by 1.1% compared to the same period in 2022.
The Ministry of Foreign Trade...
Bolivia’s Central Bank Uses $1.7 Billion to Control Speculation
The Central Bank (BCB) used $1.7 billion from its Net International Reserves (NIR) to control dollar demand and market speculation in Bolivia.
BCB President Edwin...
Ecuador’s Internal Conflict: 329 Detained for Terrorism, Five Killed
The Ecuadorian Armed Forces detained 329 individuals for terrorist acts and neutralized five more during nationwide military operations.
This was in response to the declaration...
New Argentina-IMF Deal to Restore Country’s Credibility
Argentina's government has successfully reactivated its financial agreement with the International Monetary Fund (IMF).
This move restarts the Extended Fund Facility (EFF) program, first established...
Raising Wages: Panama’s Latest Move
The Panama Government has announced a two-year phased increase in the minimum wage, varying by business type.
It ranges from 4.5% to 7.0%. Doris Zapata,...
Streamlining Aerolíneas Argentinas
Aerolíneas Argentinas S.A., Argentina's state-run flagship airline, has recently announced a significant restructuring.
This move involves reducing its directorates by 43%, from 14 to 8,...
Latin America’s Labor Landscape: Challenges and Trends
In Latin America and the Caribbean, the unemployment rate has seen a slight decrease, moving from 6.9% in 2022 to 6.2% in 2023.
Despite this...
Cuban Fuel Costs Skyrocket, Inflation Fears Rise
In a new development, Cuba, grappling with a significant economic challenge, has announced a drastic 500% hike in fuel prices.
This decision is part of...
Ecuador Experiences Worst Violence Since 1990
Ecuador experiences its worst violence since 1990, culminating in the deaths of ten individuals, including two police officers.
This surge in violence stemmed from growing...
Ecuador’s President Declares Internal Armed Conflict
Today, Ecuador's President, Daniel Noboa, took a decisive step in addressing the country's escalating security crisis.
He declared an internal armed conflict and labeled various...
Quito in Crisis: Mayor’s Bid for Military Intervention
Ecuador faces a critical security crisis, with Quito's mayor, Pábel Muñoz, seeking military support.
This request comes as violent incidents surge in Ecuador's capital and...