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Economy & Business - October 2019

Leader
By the nature of its reliance on certain sectors, Latin America has long been at the mercy of shocks the global economy.... Read More
Andean Countries
Since the approval of law 1787 in Colombia in 2016 regulating the production of cannabis for medical and scientific purposes, the industry has had impressive growth.... Read More
A recent spate of media coverage has turned the eyes of the world to deforestation in the Brazilian Amazon, but the issue is important across South America, in the Amazon basin and in other forests.... Read More
Brazil & Southern Cone
There are two stories to be told about the Southern Common Market trade bloc comprising Brazil, Argentina, Paraguay and Uruguay (Mercosur) right now.... Read More
Argentina’s unrelenting economic crisis is pushing more of its citizens into poverty according to data from the national statistics institute (Indec).... Read More
Uruguay’s incumbent left-wing Frente Amplio (FA) coalition can claim to have outperformed neighbours like Brazil and Argentina, delivering uninterrupted year-on-year GDP growth for the last decade and a half.... Read More
The Brazilian senate approved the government’s pension reform bill on 2 October, with the votes of 56 out of 81 senators.... Read More
Trade tensions between the US and China may deliver an important boost to Argentina’s soya farmers.... Read More
Economic Highlights
Mexico
After stagnating in the second quarter, the Mexican economy is showing little sign of picking up in the third quarter.... Read More
The government’s fiscal policy stance remains tight, with an ongoing commitment to austerity, but at the same time the authorities are looking at ways to free up funds in the medium term to provide scope for counter-cyclical fiscal stimulus.... Read More
New proposals are seeking to clamp down on tax evasion.... Read More
With private-sector oil firms coming under continued pressure to lift output, there has been speculation that the state-owned oil firm Pemex may be seeking to take over production in an offshore field awarded to a US firm, Talos Energy, as well as its partners – a UK firm, Premier Oil, as well as a Mexican firm, Sierra Oil and Gas. ... Read More
Central America & Caribbean
On 4 July, the local think tank Instituto Centroamericano de Estudios Fiscales (Icefi) presented the results of a 15-year study, conducted in conjunction with Oxfam, on child malnutrition in Guatemala.... Read More
Paid work is the primary source of income for most people around the world.... Read More
Costa Rica’s government is making a big push to improve its infrastructure in order to improve its global competitiveness for trade and investment.... Read More

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