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Latin America

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 administration is poised to significantly...

Challenges Ahead: Pemex’s Declining Oil Production

As 2024 approaches, Petróleos Mexicanos (Pemex), led by CEO Octavio Romero Oropeza, braces for a downturn in oil production, an issue pressing both economically and politically for Mexico. Pemex, the state-owned oil giant, forecasts a...

Venezuela’s Economic Challenges Ahead of Elections

(Analysis) As Venezuela approaches its pivotal 2024 presidential elections, it stands at a critical juncture, facing severe economic and political challenges. Amidst high inflation and...

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...

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...

Venezuela Sees Lowest Inflation in Over a Decade

Venezuela's cumulative inflation rate for January until April 2024 is the lowest since 2012 at 6.3%. This achievement marks a departure from severe hyperinflation, like...

Colombia’s Fiscal Rule Controversy

President Gustavo Petro's government in Colombia is proposing a legislative change to enhance the flexibility of the nation's Fiscal...

Cuba Launches Electronic Visas to Boost Tourism

On May 6, Cuba introduced the Evisa system to modernize entry protocols and enhance its tourism industry. At FitCuba 2024,...

Argentine Industrialists Rally Behind Milei Amid Economic Turmoil

Amid economic challenges, Argentina's industrial leaders have reaffirmed support for President Javier Milei's administration. Despite...

Argentina’s Trade Dynamics: A Shift in 2024

In the first quarter of 2024, Argentina's trade landscape underwent significant transformations. Exports surged by 18.6%,...

Latin Music’s Soaring Success: A Global Phenomenon

Latin music's revenue in the U.S. soared to $1.4 billion in 2023, marking a significant 16% increase from the...