Mexico's recent economic performance may appear promising when compared to some of its struggling neighbors, but according to Jaime Serra, Chairman of the Board of BBVA Mexico, this is a misleading perspective.
The unpredictable nature of Bitcoin makes future casting a complex endeavor. However, considering its past performance and the increasing acceptance of cryptocurrencies, Bitcoin might continue to play a significant role in the financial landscape.
According to insights shared by board member Jonathan Heath, Mexico's central bank is closely monitoring inflation dynamics and could consider making interest rate adjustments by February or March 2024. Heath emphasized that a significant factor in this decision would be the trajectory of core prices, highlighting the central bank's commitment to achieving its inflation targets.
In the heart of Panama, a major copper mine managed by Canada's First Quantum Minerals faces unprecedented disruptions as protesters block key ports, impeding the crucial flow of supplies and casting a shadow over the nation's mining industry.
In the ever-evolving world of spirits and beverages, Diageo, one of the giants in the industry, faces a set of unique challenges. The Latin American market, in particular, has recently posed some hurdles, leading to a surprise profits warning and a subsequent drop in Diageo's share price. However, as CEO Deirdre Mahlan Crew reassures, the situation in Latin America does not indicate anything different from the company's long-term prospects.
Guillermo Belcastro, CEO of Hutchison Ports BEST at the Port of Barcelona, has issued a stark warning about the state of the logistics sector, asserting that it has failed to learn from the disruptions caused by the COVID-19 pandemic.
Javier Milei's presidential victory in Argentina has triggered a surge in the stock market, with YPF shares rising over 40%. His bold economic plan promises significant changes for the nation's economy.
The resurgence of armed gang conflicts in Cité-Soleil, north of Port-au-Prince, has triggered a fresh fuel shortage in Haiti's capital, compounding the ongoing socio-political and economic crisis marked by recurring fuel shortages.
Brazil's recent inclusion in the World Trade Organization's civil aircraft trade agreement has significant implications for the aerospace industry, particularly for planemaker Embraer and the country's economic prospects.
Brazil's President Luiz Inacio Lula da Silva's recent requests to modify Petrobras' investment plan for 2024-2028 have raised concerns about political interference and the balance between local job creation and investor interests.
Brazil, the main destination for foreign investments in Latin America, reinforced its portfolio of projects aimed at a sustainable future. He highlighted the energy transition and the development of the Amazon as crucial objectives at the Brazil Investment Forum (BIF), the region's largest event to attract foreign investments.
Latin America's current agri-food systems carry hidden costs of at least $1.2 billion for health, the environment, and society, according to a groundbreaking UN-FAO analysis covering 154 countries. The report points to Brazil and Mexico at the top of this costly regional ranking, with implications for global health and sustainability efforts.
Drogueria Betances, a major pharmaceutical distributor in Puerto Rico, faces a $12 million fine for failing to report suspicious opioid orders amidst a surge in related overdoses on the island. The U.S. Justice Department's order also mandates comprehensive improvements to the company's substance monitoring and reporting systems.
Despite the partial lifting of US sanctions on Venezuela, experts maintain that critical domestic issues such as infrastructure, public services, security, and human capital limit the nation's potential for economic expansion, even in a sanctions-free environment.
The Central Bank of Brazil has announced a significant reduction in its primary interest rate by 0.50 percentage points, now at an annual 12.25%, marking the lowest level in 16 months. This move reflects a complex interplay between curbing inflation and stimulating economic growth in Latin America's largest economy.
The Prisa Group, a major player in the communication sector with significant stakes in Latin America, has reported a 30.4% increase in losses in the first nine months of the year, amounting to 36.7 million euros. This decline, primarily attributed to rising interest rates, highlights not only the company's challenges but also reflects broader economic and sectoral uncertainties in the region.
Argentina's leading refinery operators presented a comprehensive action plan to the government on Monday, aiming to restore regular fuel supply in the domestic market following significant recent shortages. The plan, discussed in a meeting with Argentine Energy Secretary Flavia Royón, was jointly developed by YPF (controlled by the Argentine state), the American company Axion Energy, the Swiss company Trafigura, and Raízen (a joint venture between Shell and Grupo Cosan).
A year after Elon Musk bought Twitter, the social media service has decreased in size. About 13% fewer users signed on each day in September, compared with last October, according to data firm Apptopia. The company employs about 1,500 people, down from 7,500 a year ago.
The digital revolution is reshaping the landscape of Latin America, and coupled with advancements in payment systems, it has opened a world of opportunities in the gaming industry, significantly increasing the number of players, surpassing 289 million on a regional level.
Every project manager understands that apart from individual contributions, team efficiency and cohesions go a long way to ensure successful project outcomes. Well-connected and organized teams are the key to good work quality and productivity