Economy & Business - March 2024

Strong economic growth, a series of big investment decisions, and the recently demonstrated ability to push China aside to become the largest supplier of imports into the US, all suggest Mexico is on a ‘nearshoring roll’.... Read More

Ecuador’s national assembly voted on 7 February to ratify a free trade agreement (FTA) with China.... Read More

Migrants in Latin America, and in particular the exodus of nearly 8m Venezuelans from their home country, have brought host countries more economic benefit than harm.... Read More

If all goes according to plan, the first precious objects will be lifted from the shipwrecked San José galleon in the coming weeks, over three centuries after it was sunk in an epic naval battle off the coast of Cartagena.... Read More

VENEZUELA | Poverty survey.... Read More

During his first year back in office, Brazil’s President Luiz Inácio Lula da Silva got a solid boost from the economy to help appease his political foes and finance his social welfare programmes.... Read More

After just over a year in office, President Luiz Inácio Lula da Silva has launched a major initiative to tap international financial resources so Brazil can protect the environment and transition to a low-carbon economy.... Read More

There aren’t many countries where a president would gloat over annual inflation of 276%, but Argentina is one of them.... Read More

When the finance chief of the world’s biggest economy parachutes in, you know there’s something big at stake.... Read More

URUGUAY| Moody’s upgrades credit rating, praises fiscal policy.... Read More

In mid-February the Panama Canal Authority (ACP) announced more restrictions on the number of ships that can pass through the Panama Canal each day, adding to concerns over its long-term viability as climate change intensifies.... Read More

Goods exports were worth a total US$11.35bn in 2023, US$898.7m or 7.3% less than the previous year, according to figures from the country’s central bank (BCH).... Read More

Cuba’s economy minister, Alejandro Gil, was replaced as part of a ministerial reshuffle announced on 2 February, which also involved changes in the ministries for the food industry and for science, technology, and the environment.... Read More

Supported by surging oil revenues, Guyana is the world’s fastest-growing economy.... Read More

PANAMA | Bonds placed on international markets.... Read More

In an election year, Pemex, Mexico’s giant state-owned oil and gas company, is not performing very well.... Read More

Mexico’s informal economy has increased its contribution to GDP after adding more jobs with higher rates of pay, according to the national statistics institute (Inegi).... Read More

MEXICO | Tourism up year-on-year.... Read More