Cuban government imposes price controls as it seeks to keep lid on inflation
The measures included increased wages and pensions for more than 2 million state employees
Mauricio Macri shelves sales taxes as he seeks to cut left's lead
Macri announced an end to sales taxes on basic food products until the end of the year in a bid to salvage his re-election prospects and end an economic crisis
Stocks gain on stimulus hopes but still head for third losing week
Stocks took a beating this week after the U.S. yield curve
Trade tensions and a weaker yuan drive Chinese crypto demand
China maintains heavy capital controls, that means cryptocurrencies are, in theory, an attractive vehicle for moving assets out of China
Colombian Central Bank seeks to lower inflation, but without hurry
The bank manager said that inflation would end this year by 3.6% due to temporary shocks in the prices of food and regulated products
The fear of a "default" in Argentina increases after the collapse of the markets
The Credit Default Swap (CDS) prices for Argentina's five-year debt totaled 2,116 basis points
Global economy outlook darkens due to escalation in tariff warfare: Ifo Institute
According to a survey in 110 nations, measurements on expectations and economic conditions have been getting worse this trimester
Peru’s Central Bank does not rule out new interest rate cut in September
The bank is evaluating the possible impacts on the economy after the official proposal to advance the general elections one year before 2020
Lack of G7, IMF support seen dimming impact of U.S. move on China's yuan
An accord agreed by the Group of Seven of the world's most advanced economies in 2013 says that members should consult each other before taking major currency actions
Colombian company will export banana to China and hopes to add Eastern Europe
The Colombian company Uniban, dedicated to the commercialization of bananas, expects to enter several markets in Eastern Europe with its product
Rate cuts, China data caps dollar gains
"The recent comments from Chinese officials suggest they want to stabilise their currency, otherwise a sharp currency drop may fuel capital outflows," said Manuel Oliveri
Brexit agreement is "the best deal possible", EU Commission says
Johnson has insisted Britain will leave the EU on Oct. 31 with or without a deal
Argentina's recession would be deeper this year: Central Bank
The survey carried out monthly by the monetary authority estimated a growth of the South American economy of 2% in 2020
US rejected Maduro's lawsuit against Citgo directive of opposition Guaidó
The ruling represents a major obstacle for Maduro's lawyers in an attempt to revoke Guaidó's directive
Bulgaria's Georgieva climbs from communism to IMF head hopeful
Georgieva has posted a black-and-white picture of her family, with the comment: "From a village in Bulgaria to CEO of the World Bank
Political crisis in Nicaragua shakes revenues of large Mexican firms
In 2018, trade in the Central American nation fell 11.4%, according to official figures
Cuba, battling economic crisis, imposes sweeping price controls
Cuban President Miguel Diaz-Canel announced earlier this month that the government had adopted a series of emergency measures to fight economic stagnation
Colombia’s Central Bank reduces GDP projection, inflation will exceed target
Colombia’s Central Bank reduced its economic growth forecasts for this and next year well below government goals while raising its inflation projection for 2019 over the target
IMF drastically cuts Latin America's growth projection in 2019
The International Monetary Fund said "temporary factors" affect the production and growth of the region
Colombia wants to enter the world copper market
The South American country has so far focused its mining activity on coal and gold, but taking advantage of the potential in other resources, it wants to intensify copper exploration and production ac...
Sweden in search of South American "white gold"
Several governments and car manufacturers, in the expectation of bigger demand for electric cars in the next years, are seeking to become allies of countries such as Chile, Bolivia, and Arge...
Bitcoin craze hits Iran as US sanctions squeeze weak economy
Feeling the sanctions, coming from the U.S. and targeting the Islamic Republic's economy, Iranians are increasingly turning to digital currencies like Bitcoin
'Up in the air': Polls show Argentinian presidential race neck-and-neck
The polls point to tense months ahead for Argentina and its jittery markets, but also suggest both sides will need to make concessions to win over the middle ground of voters
Cuba hopes for slight growth as Trump pummels Caribbean island
Cuban President Miguel Diaz-Canel said upon closing the meeting on Saturday that a series of emergency measures announced this month aimed to stimulate domestic production and he hoped for slight grow...
Trump blasts Bitcoin, Facebook's Libra, demands they face banking regulations
Donald Trump criticized Bitcoin, Facebook’s proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and make themselves subject to regulations
...
Hocol signs 4 contracts for oil exploration in Colombia
Colombia has proven reserves of 1,958 million barrels, equivalent to 6.2 years of consumption, with a current average production of 865,000 barrels per day, of which 50 percent is for domestic consump...
Brazil's pension system is going to change
Pension reform is the cornerstone of right-wing President Jair Bolsonaro's economic agenda
Under pressure for sanctions, Venezuela sells oil to a small Turkish company
With the sanctions of the United States preventing Venezuela from selling oil to that country, the state oil company PDVSA has turned to several little-known buyers
FAO and OECD foresee a slowdown in soybeans in Latin America
Production growth will be 2.8% in the next decade, compared to 6.9% in the two previous decades
What should Huawei users take into account after Google's sanctions?
For Huawei users, the uncertainty will last until August, but they must be prepared for everything, even for a brand's own operating system
Ecuador to join market-friendly Pacific Alliance under Moreno
Pacific Alliance members currently account for 37% of gross domestic product in Latin American and the Caribbean
Political polarization in Colombia is already making noise in the economy
Despite having signed a peace agreement, the country remains divided politically and socially
Cuba is studying cryptocurrency as part of economic crisis measures
Miguel Diaz-Canel, working to establish his legitimacy after assuming the presidency in April 2018, said the government was working on the details of the implementation
Ecuador cracks down on illegal miners in northern region
The South American nation is hoping to fuel its sluggish economy by expanding its mining sector
Tax changes endangers Peru's beer industry
The announcement of the Ministry of Economics and Finance worried the producers of this product because of increases in national prices
In push to raise coffee output, Colombia's south may hold key
The world's top grower of washed arabica has hovered around 14 million 60-kg bags for four years as farmers battled extreme weather and low international prices
Shortages plague Cuba as U.S. sanctions sharpen economic woes
The extensive lines outside the stores, with shelves mostly unsupplied, are increasingly common in Cuba
Coffee slump reaps bitter harvest for Central American migrants
"My husband had to emigrate due to debt and because coffee cannot even provide for food here," Carmen Andino
What is Apple's plan B for the Commercial War?
In the last month, tensions between Beijing and Washington have increased due to the commercial war. What other option does Apple have to deal with the situation?
Avoiding a disaster: Trump's tariffs and their posible consequences to México
The 5% tariffs' increase that would have been applied by the US government to Mexican goods could have affected affect more US consumers than Mexican ones
Lee C. Bucheit: the leader of the economic recovery in Juan Guaidó's Venezuela
Lee C. Buchheit, the so-called 'debt guru', was contacted by the opposition government of Juan Guaidó to lead the country's economic recovery
Venezuela: how have other countries solved their inflation crises?
In history there have been many cases of countries with hyperinflation in their economy, both in Latin America and elsewhere, how did they deal with this problem?
Is there any winner in the 'Technologic Cold War'?
Big Chinese and North American companies have suffered the effects of the commercial war, causing losses to both countries, especially by the Huawei-Google rupture
These are the countries that have used two currencies at the time
Each country, or union, has its own official currency. However, a nation may have more than one in legal use, as have been the cases of Cuba and France
Panama: anticorruption and economic reform are Cortizo's plans
Laurentino Cortizo has declared that two of the main policies of his government will be government transparency and the economic reactivation
What is country risk and what are the results of Latin America?
The risk in Argentina presented in a day a dramatic increase of 8%, showing the worst performance in this index for the region
Will the fourth IMF disbursement reach Argentina?
In its third revision, the International Monetary Fund (IMF) approves an upcoming disbursement of USD 10,800 million
Bolivia points to lithium as an economic driver
This month of April, Bolivia and India signed agreements for the commercialization of the material