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2024 Growth Forecast for Latin America

In 2024, experts predict Latin America's GDP will grow by 1.6%, marking its slowest rate since the 7.3% contraction in 2020 and a decrease...

2024 Gasoline Price Trends in Latin America and Beyond

In 2024, the global average gasoline price is set at $1.30 per liter, equivalent to $4.90 per gallon, as announced by Global Petrol Prices. Different...

Brazil Eyes Defense Boost Amid International Arms Race

Countries around the world are increasing their military budgets for 2024, driven by conflicts such as the war in Ukraine and tensions in the...

UK Survey Reveals Economic Downsides of Brexit

A recent Opinium and 'Observer' survey involving 2,132 people indicates that UK citizens believe Brexit has harmed their economy. The Guardian reported it on December...

Venezuela Bolsters Forces Amid Esequibo Tensions

Venezuela's military response to a perceived UK threat marks a significant moment in the ongoing Esequibo region dispute. The Venezuelan National Bolivarian Armed Forces (FANB)...

Venezuela Enhances Military in 2023

In 2023, Venezuela's Armed Forces focused on modernizing its military arsenal across the Army, Navy, Air Force, and National Guard. The Navy notably introduced new...

Opinion: OPEC’s Dominance May Have Waned

(Opinion) Once the undeniable titan of the oil world, OPEC finds its dominance possibly waning in the face of a rapidly changing energy landscape. The...

Central America’s High Dependency on Remittances

In 2023, Latin America and the Caribbean anticipate a significant increase in remittances, reaching an all-time high of $155.908 billion. This marks a 9.5% rise...

Venezuela’s New Military Zone in Disputed Esequibo Area

Venezuela's President, Nicolás Maduro, has created a new military zone called "Zona de Defensa Integral (ZODI) Guayana Esequiba." A Zona de Defensa Integral (ZODI) in...

A Lost Decade Looms Over LatAm’s 2023 Economic Outlook

The Economic Commission for Latin America and the Caribbean (CEPAL) has revised its 2023 growth forecast for the region to 2.2%, up from 1.7%. This...

Venezuelan and Guyanese Presidents Confront Today Border Dispute

Venezuela's President Nicolás Maduro and Guyana's President Irfaan Ali plan to meet today to discuss their border disagreement. The meeting is scheduled for Thursday in...

The Rising Tide of Non-OPEC Oil

Entering a critical phase, OPEC+ faces the pivotal task of carefully managing oil reserves in the upcoming five years. This is crucial to prevent a...

Venezuela Strengthens Maritime Presence Near Esequibo

Venezuela's Navy is establishing a new naval base at Punta Barina, near the Esequibo region controlled by Guyana. This move, part of a broader naval...

Opinion: Venezuela’s Quest for More Oil Despite Untapped Wealth

(Opinion) In the intricate world of global energy politics, Venezuela's recent aggressive stance towards Guyana adds a new, somewhat surreal chapter. The United Nations Security...

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