Richard Mann
Richard Mann is a German native and has worked as a freelance journalist for many years. He travels all over Brazil and is mainly interested in business, art, and culture and also likes to write articles about spiritual topics and unusual events.
Mexico’s inflation slows more than expected pending Banxico’s announcement
Mexico's inflation has slowed down more than anticipated, reaching a two-year low just ahead of the Bank of Mexico's monetary policy announcement.
Data from the...
Nearshoring to Mexico fuels economic growth and multiplying effects, Santander reports
Banco Santander has highlighted that the process of relocation, known as "nearshoring," to Mexico by certain companies is generating a significant "multiplier effect" and...
Paraguay’s soybean exports surge by 107.2% at the end of May
Paraguay's soybean exports, the country's primary commodity, witnessed a significant increase of 107.2% at the end of May this year compared to the same...
Brazil’s Central Bank maintains Selic rate for 7th consecutive meeting
The Central Bank's Copom (Monetary Policy Committee) has decided to keep the basic interest rate, known as the Selic, unchanged at 13.75% for the...
Uruguayan peso continues its rise against the dollar, which falls to a three-year low
On June 16, 2023, the Uruguayan peso closed at US$38.01 per dollar, marking a three-year low. Today it stands at U$37.95
This signifies a 4.8%...
Brazilian Central Bank under increased pressure for interest rate reduction
In Brazil, the Central Bank is weighing its monetary policy options in the face of growing calls for interest rate reductions from the administration...
Brazil’s BTG Pactual eyes US and Mexican expansion for its private banking sector
BTG Pactual, the largest Investment Bank in Latin America, is reportedly considering strategic acquisitions in the United States and Mexico to broaden its private...
Exploring the path for Brazil’s credit rating upgrade by S&P
Despite the recent change in perspective on Brazil's rating from 'stable' to 'positive' by S&P Global Ratings, the journey to upgrade the nation's sovereign...
Peru’s annual inflation projected to decrease to 6.7% in June, says Finance Minister
Peru's annual inflation rate has begun its decline and is forecasted to drop over one percentage point to 6.7% by the end of June,...
Regulated carbon market could generate US$120B annually for Brazil
Brazil could potentially amass approximately US$120 billion annually, equivalent to 5% of its Gross Domestic Product (GDP), via a regulated carbon market, stated Geraldo...
Bolivia aspires to be a global lithium battery supplier
Bolivia's Deputy Minister of Alternative Energies, Alvaro Arnez, announced that Bolivia plans to become a global supplier of lithium batteries for major auto manufacturers...
Colombia experiences economic downturn in April after two years of growth
New data from the National Administrative Department of Statistics (DANE) reveals a 0.78% year-on-year decrease in Colombia's economy in April.
This shift signifies the first...
Brazil falls to 60th out of 64 countries in 2023 global competitiveness rankings
In 2023, Brazil ranked 60th out of 64 countries in the IMD Global Competitiveness Ranking, falling one position from the previous year.
Although this decline...
Mercosur-European Union meeting canceled
The scheduled face-to-face meeting between Mercosur and the European Union (EU) negotiators in Buenos Aires, Argentina, has been postponed.
The deferral is a tactical move...