Brazil Defaults on BRICS Bank Agreement After Congress Blocks Payment
Brazil's Economy Ministry onTuesday said it had defaulted on its penultimate capital installment to the New Development Bank (NDB) because...
January 6, 2021Topic
Latest News Latin America
Peru Oil and Gas Industry Eyes Rebound
With oil and gas fields, and the 200,000 b/d North Peruvian oil pipeline, shut down repeatedly by social conflicts and...
January 6, 2021
Argentina’s Country Risk Rises to 1,417 Points; Investors Fear Economic Measures
Argentina's country risk reached a maximum of 1,417 basis points on Tuesday, reflecting investors' fears about the behavior of the...
January 6, 2021
World Bank Raises Latin America’s GDP Growth Projection for 2021 to 3.7%
The World Bank (WB) reported on Tuesday, January 5th, that it projects an economic growth of 3.7% in Latin America...
January 6, 2021
Latin America Reacts to Covid-19 Surge with New Restrictions As Brazil Remains Inert
January brought a case surge in Latin America. After a drop in the curve in October and November, in December...
January 6, 2021
São Paulo App Driver, Mistaken for Pedophile, Is Robbed, Savagely Killed
Five people were arrested on Sunday, January 3rd, in Parelheiros, in southern São Paulo city, suspected of involvement in a...
January 6, 2021
Manaus Mayor Concedes Collapse, Says City Has Only 2-3 Months’ Supply of Graves
RIO DE JANEIRO, BRAZIL - Recently sworn in, Mayor David Almeida yesterday accepted that Manaus, capital city of Brazil´s Amazonas...
January 6, 2021
Brazil Stock Market Attracts 1.5 Million New Investors in 2020, 92% Rise over 2019
Although 2020 was a highly volatile year in the financial market, the low interest rate scenario prompted Brazilian investors to...
January 6, 2021
With End of Emergency Brazil Should Reduce Employment Costs Over R$60 Billion
The Emergency Benefit for Preservation of Employment and Income (BEM), which enabled the reduction of working hours and wages in...
January 6, 2021