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Latin American Economy & Business - July 2015 (ISSN 1741-7430)

Leader
The Greek financial crisis has been closely watched across Latin America, as the South European country has zigged and zagged between austerity and heterodoxy, between the Euro on one side and a possible Grexit and emergency revival of the Drachma on the other.... Read More
Regional Business Review
The Mexican government has been applying import duties on steel and steel products, as a world steel glut and surge in cheap imports, mainly from China, erodes the position of domestic producers.... Read More
Sierra Oil Wins Round 1 Licences: Mexico’s Sierra Oil and Gas led the only consortium to win licences in the first phase of the country’s Round 1 hydrocarbons licensing auction, announced on 15 July.... Read More
Regional Economic Review
When looking at Uruguay’s recent macroeconomic performance, ‘gradualism’ is the word that most comes to mind.... Read More
Mercosur, Latin America’s Southern Common Market, is in crisis, arguably.... Read More
The Venezuelan economy is not doing well – some would call that a massive understatement.... Read More
The central bank kept its key policy rate unchanged at 3.00% at its meeting in mid-July.... Read More
The weakness in the currency, and higher food prices, contributed to a surge in annual inflation in Haiti to 8.0% in June, from 6.6% in May.... Read More
On 29 June 2015, the governor of Puerto Rico, Alejandro García Padilla, announced the formation of a Working Group that will seek a final and sustainable solution to the territory’s well-publicised financial problems by the end of August.... Read More
After a decade of strong government spending, Colombia faces several years of tight budgets.... Read More

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