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Investment in Brazil sees worst decade in 50 years; 2021 prospects poor – FGV study

RIO DE JANEIRO, BRAZIL - A survey by FGV shows that the average annual investment rate stood at only 17.7% of GDP between 2011...

Chinese lab requests ANVISA approve emergency use of single-dose Covid-19 vaccine

RIO DE JANEIRO, BRAZIL - The Brazilian Health Regulatory Agency (ANVISA) said on Wednesday, May 19, that it had received a temporary authorization request...

U.S. to prioritize Latin America in vaccine supply after Honduras threatens to cease recognizing Taiwan over China

RIO DE JANEIRO, BRAZIL - The U.S. government will prioritize Latin America in distributing the 80 million Covid-19 vaccines it plans to donate in...

Guillermo Lasso receives credentials as Constitutional President of Ecuador

RIO DE JANEIRO, BRAZIL - The National Electoral Council (CNE) of Ecuador delivered this Wednesday the credential of Constitutional President of the Republic to...

Costa Rica’s Congress approves the country’s accession to the OECD

RIO DE JANEIRO, BRAZIL - The Costa Rican Congress approved this Monday, May 17, in the second and final vote, the country's accession to...

Brazil ranks 7th in the world in percentage spent on government employee salaries

RIO DE JANEIRO, BRAZIL - Brazil has one of the world's highest expenses with public employees' salaries, according to data gathered by the National...

Brazil’s Covid-19 strain detected in 16 Latin American countries

RIO DE JANEIRO, BRAZIL - Scientists are still unsure if the virus strain is more aggressive, but it is indirectly leading to more deaths...

Four countries in the Americas have defaulted during the coronavirus pandemic

RIO DE JANEIRO, BRAZIL - Sovereign bond defaults have grown at a dizzying pace in Latin America since the beginning of the pandemic. First...

Central America prepares protocol for massive flow of migrants in transit

RIO DE JANEIRO, BRAZIL - Central America is preparing a protocol to "accompany" in their transit through the isthmus thousands of extra-regional migrants traveling...

Former president Mahuad believes that Ecuador’s dollarization was a “historic success”

RIO DE JANEIRO, BRAZIL - Former Ecuadorian president Jamil Mahuad (1998-2000) evoked the late Argentine soccer star Maradona on Thursday, when defending his decision...

Brazil and Turkey currencies still lower against US dollar than before pandemic period

RIO DE JANEIRO, BRAZIL - The dollar has dropped sharply in recent days against the Brazilian Real (R$), pushing the American currency from near...

Brazil joins project connecting South America and Asia by fiber optics

RIO DE JANEIRO, BRAZIL -  A 14,000 km cable will connect Chile to Australia and New Zealand. The Brazilian government today, May 13, joined the...

Drug gang PCC’s international expansion opens Colombian gourmet marijuana route to Brazil

By Aiuri Rebello and Santiago Torrado RIO DE JANEIRO, BRAZIL - (El Pais) There is a new drug in the Brazilian illegal drug market that...

Telefónica in Latin America has Q1 revenue 12% less than in 2020

RIO DE JANEIRO, BRAZIL - The Spanish multinational Telefónica obtained in the first quarter of 2021 in Latin America revenues of US$2.4 (EUR1.9) billion,...

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