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LATAM seeks new extension of time to submit restructuring plan
RIO DE JANEIRO, BRAZIL - The company said in a statement that the petition "supports continued progress in negotiations with the several stakeholders in...
Peru leads growth of non-traditional exports in Latin American region
RIO DE JANEIRO, BRAZIL - Peru led the growth of non-traditional exports among the Latin American region's leading economies, with a year-on-year expansion rate...
Analysis: Why the world doesn’t want to explore for oil in Brazil
RIO DE JANEIRO, BRAZIL - The government didn't want to admit that foreign companies have no interest in buying fields near environmental protection areas....
Ecuador will grow by 2.8% in 2021, the second worst figure in Latin America
RIO DE JANEIRO, BRAZIL - The Ecuadorian economy will grow by 2.8% in 2021 and 3.5% in 2022, according to the perspectives presented this...
IMF estimates 11% growth for Chile this year but 2.5% in 2022
RIO DE JANEIRO, BRAZIL - In its semi-annual World Economic Outlook (WEO), the International Monetary Fund (IMF) estimated for Chile a growth of 11%...
PideDirecto startup from Mexico gives clients alternative to overpriced delivery apps
RIO DE JANEIRO, BRAZIL - PideDirecto, a Mexican local hyper delivery company, announced a US$5.25 million seed round led by JAM FUND, with participation...
Pedro Castillo ratifies Peru’s aspiration to join the OECD
RIO DE JANEIRO, BRAZIL - "President Pedro Castillo sent a missive to OECD Secretary-General Mathias Cormann, in which he ratified Peru's firm aspiration to...
Oil price hike relieves several oil-rich Latin American states
RIO DE JANEIRO, BRAZIL - In April 2020, in full pandemic, oil was anathema and those Latin American and Caribbean countries that depend on...
U.S. to accept tourists vaccinated with Coronavac
RIO DE JANEIRO, BRAZIL - "Six vaccines authorized/approved by the FDA or listed for emergency use by the W.H.O. will meet the criteria for...
Latin America in pandemic, disenchanted with its governments and democracy – survey
RIO DE JANEIRO, BRAZIL - The Covid-19 health crisis has aggravated the low levels of support for democracy and the disenchantment with governments that...
U.S. ambassador to Ecuador said the country’s prison crisis is the fault of transnational crime
RIO DE JANEIRO, BRAZIL - "The current prison situation in Ecuador is caused by transnational crime and its local partners," is how U.S. Ambassador...
Ecuador’s purchases from Panama tripled in first seven months of 2021 over same period in 2020
RIO DE JANEIRO, BRAZIL - In the last year, Panama took a more vital role as a distributor of products for the region and,...
Wealthy heiress from Argentina launches residency for Latin American artists in Uruguay
RIO DE JANEIRO, BRAZIL - Plastic artist, astrologer, and businesswoman. Amalia Amoedo is the youngest of the three granddaughters of the late Amalia Lacroze...
Economic recovery abroad drives record flow of remittances to Ecuador
RIO DE JANEIRO, BRAZIL - The economic recovery in the United States, Spain, and Italy, among other factors, has also allowed a rebound in...