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Brazil’s minimum wage ranks 15th in Latin America, despite raise

RIO DE JANEIRO, BRAZIL - Latin America has felt the consequences of the Covid-19 pandemic in several economic sectors. Unemployment, escalating inflation and currency...

Paraguay: ranked as one of region’s countries with best business environment in 2021

RIO DE JANEIRO, BRAZIL - According to the Latin American Economic Survey, conducted by the Brazilian Getulio Vargas Foundation's Institute of Economics, Paraguay closed...

Bolivia’s state-owned airline announces flights to Lima starting in February

RIO DE JANEIRO, BRAZIL - State-owned airline Boliviana de Aviación (BoA) will have four weekly flights to Lima, Peru starting next February, Bolivia's Minister...

Chile has the 7th most powerful army in Latin America

RIO DE JANEIRO, BRAZIL - According to the Global Firepower Index update, Chile has the seventh most powerful army in Latin America. Brazil takes first...

Bolivia’s international reserves plummet

RIO DE JANEIRO, BRAZIL - Bolivia closed last year with a 9.9% drop (US$524 million) in Net International Reserves (NIR). Financial assets fell from...

President Luis Arce: “Backtracking to govern in Bolivia”

RIO DE JANEIRO, BRAZIL - In 2008, famed U.S. political scientist Joel S. Migdal made a prophetic statement: "As the 21st century unfolds, the...

President Mario Abdo: “We want Paraguay to reduce its unemployment rate”

RIO DE JANEIRO, BRAZIL - "There is still much to do, we want Paraguay to continue lowering its unemployment rate and strengthening public policies...

Paraguay leads South America’s 2022 economic growth projections

RIO DE JANEIRO, BRAZIL - According to ECLAC's Preliminary Overview of the Economies of Latin America and the Caribbean, Paraguay is expected to have...

HRW’s intolerable hypocrisy: denounces the decline of democracy in Latin America, but remains silent on Covid apartheid in Europe

RIO DE JANEIRO, BRAZIL - (Opinion) Attacks on judicial independence, freedom of the press, and civil society make up a disturbing panorama that evidences...

Uruguay is among the ten best countries to live in after retirement

RIO DE JANEIRO, BRAZIL - The U.S. tourism magazine "International Living" published, as it does every year, the Annual Global Retirement Index (AGRI) 2022....

Colombian Tul startup is already worth US$800 million – and is coming to Brazil to become a unicorn

RIO DE JANEIRO, BRAZIL - Tul, a Colombian startup that brings small building materials retailers out of the analog age, is barely two years...

World Bank moderates growth estimate for Chile this year to 2.2%

RIO DE JANEIRO, BRAZIL - It is already a fact that national growth will be low this year, but the question is how low....

Uruguayan government not considering new border closure due to increase in covid-19 cases

RIO DE JANEIRO, BRAZIL - While Ecuador has outed itself in recent days and weeks as authoritarian and ill-informed in the face of Omicron...

Peru to run budget deficit below Latin American average by 2026 -report

RIO DE JANEIRO, BRAZIL - Peru will achieve a fiscal deficit lower than the Latin American average over the next five years, FocusEconomics Consensus...

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