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Latin America

Uruguay’s Economic Resilience: A Tale of Growth Amid Challenges

Uruguay, a small yet vibrant nation, has consistently shown remarkable economic resilience. As April concluded, economic activity saw a 0.3 percent increase, marking seven months...

China Defends Investment in Peru’s Chancay Port Dispute

China is actively defending its $3.5 billion Chancay port development project located along the coast of Peru. Cosco Shipping Ports is addressing a regulatory problem after Peru's National Port Authority (APN) claimed that Cosco's exclusive...

Paraguay Reaffirms Ties with Taiwan Amid Chinese Pressure

Paraguayan President Santiago Peña recently affirmed his nation's ties with Taiwan during discussions with Japanese Prime Minister Fumio Kishida. This meeting in Asunción emphasized their...

Musk’s Endorsement Sparks Surge in Argentine Market

Elon Musk's recent endorsement of Argentina as a promising investment destination sparked a notable...

Peru’s Rise as a Blueberry Export Powerhouse

Peru's ascent to the global forefront of blueberry exports is an inspiring story of agricultural success and economic savvy. Introduced...

Bolivia’s Tax Revenue Grows by 12.5% in First Four Months of 2024

Bolivia's tax revenue reached 13.031 billion bolivianos (approximately $1.824 billion) during the first four months of 2024. This represented a 12.5% increase from the 11.584...

ELN Resumes Kidnapping Amid Faltering Peace Talks

Colombia's ELN rebel group has resumed kidnappings, claiming the government failed to honor peace deals. The organization claims that the...

Petro’s Push: Redefining Colombia’s Trade Strategy with the U.S.

As Colombia marks the twelfth year of its Free Trade Agreement (FTA) with the United States, President Gustavo Petro's...

Challenges Ahead: Pemex’s Declining Oil Production

As 2024 approaches, Petróleos Mexicanos (Pemex), led by CEO Octavio Romero Oropeza, braces for...

Mulino’s Rise to Power: From Martinelli’s Replacement to Panama’s New Leader

José Raúl Mulino, a 64-year-old native of Chiriquí, has become Panama's unexpected President-elect. Until two months...

Argentina’s Stock Market Surges 54% Under Milei’s Presidency

Since economist Javier Milei of the La Libertad Avanza party assumed office on December 10, 2023, Argentina's S&P Merval...