Noticias sobre Economy
Descubre las últimas noticias sobre Economy en Bloomberg Línea
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Guyana: An Economic Miracle or a Short-Term Mirage In Latin America?
The South American country’s economy is expected to see the region’s fastest growth following the discovery of huge oil reserves, but which presents a huge challenge for its government
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Co-Working In Latin America: Will WeWork’s Demise Affect the Business Model?
Mexico City, São Paulo, Bogotá and Santiago are the region’s capitals with the biggest presence of co-working at a corporate level
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What to Expect In Argentina In the Run-Up to Milei’s Investiture
How will the dollar, debt and Argentine assets perform in the coming weeks? Fernando Marengo, of BlackTORO Investments, and Salvador Vitelli, of Romano Group, spoke to Bloomberg Línea’s La Estrategia del Día Argentina podcast
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S&P Global to Review Mexico’s Credit Rating Before March 2024
Omar de la Torre, director and head analyst at the ratings agency, said in the Bloomberg Línea Summit in Mexico City on Wednesday that S&P hopes fiscal discipline continues in the 2024-2030 administration
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Fitch Sees Argentina Defaulting or Restructuring Debt, Whoever Wins Election
Todd Martínez, a senior director at the ratings agency, believes it will be difficult to avoid a restructuring following the general elections, and sees dollarization unlikely
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Argentina Aims to Allay IMF Default Fears With $6.5B China Currency Swap
Sergio Massa, Argentina’s economy minister and the ruling coalition’s presidential candidate, aims to make advance payments to the IMF to allay fears regarding that issue
Brazil News
Fuel Prices, Exchange Rates Could Wreck Latin Americans’ Air Travel Plans
Much of airlines’ costs are in US dollars, and the currency’s fluctuations will affect ticket prices, while oil prices will be put under pressure by the war between Israel and Gaza
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Which Latin American Countries Are Among the World’s Top 20 for Crypto Adoption?
India and Nigeria are the countries where cryptocurrencies are most used, while Brazil, Argentina and Mexico are the top countries for their adoption in Latin America
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Economic Woes Persist in Peru as Government’s Promise of Recovery Falters
Peru’s economy contracted more than all forecasts in July, boosting the chance that the central bank will extend the monetary easing it began this week
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Maduro Foresees ‘New Era’ for Venezuela-China Relations Following Beijing Visit
President Xi Jinping said China and Venezuela agreed to enter into a strategic partnership, a sign the two nations are improving ties after years of estrangement
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Venezuela’s Maduro Seals China Partnership With Xi Jinping
Maduro’s visit comes amid worsening strains between Washington and Beijing and as President Joe Biden also seeks to engage Venezuela
Otras noticias sobre Economy
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Colombia, Mexico Have Highest Employee Engagement In LatAm, Study Reveals
Remuneration and perks are determining factors for retaining talent, according to a study carried out by Betterfly and Criteria
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Chile’s Inflation Cools In August
Year-on-year inflation during the month was 5.3%, the lowest in almost two years
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How Colombia Can Seize Opportunities as US Shifts Its Supply Chain Away from China
The US is looking to change its supply chain to lessen its dependency on China, and there are opportunities for Colombia to compete, according to government advisor Juan Verde
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Xi Jinping Snubs India G20 Summit Over Beijing Bilaterals With Venezuela, Zambia
Zambian President Hakainde Hichilema will visit China from Sept. 10-16, while Venezuela’s Nicolás Maduro will arrive on Friday for a seven-day trip
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Venezuela’s Maduro Visits China to Seek Financial Support
Venezuela’s Nicolás Maduro will arrive in China on Friday as he tries to secure financial support from President Xi Jinping’s government before a presidential election
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Brazil Congress Looks to Crack Down on Credit Card Rates With 100% Limit
Lawmakers voted 349-24 in favor of the proposed cap on Tuesday evening. It now must clear the Senate before President Luiz Inacio Lula da Silva can sign it into law
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ECLAC Raises Latin America GDP Growth Forecast for 2023
The Economic Commission for Latin America and the Caribbean foresees growth of 1.7%, up from its 1.2% forecast in April, but Argentina’s GDP is expected to contract by 3%
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Brazil’s Industrial Production Takes a Hit at the Start of the Third Quarter
President Luiz Inacio Lula da Silva has tried to lift the manufacturing sector through tax incentives and other relief measures
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Second Quarter Performance Fuels Optimism for Brazil’s GDP Growth
The economy will expand 2.56% this year, up from the prior estimate of 2.31%, according to a weekly survey from the Brazilian central bank published on Monday