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Economy & Business - December 2019

Leader
A new report reveals a worrying panorama for trade in Latin America and the Caribbean, with both imports and exports set to decline this year.... Read More
Andean Countries
On 1 October, Ecuador’s ministry of energy and non-renewable resources announced that Ecuador would be withdrawing from the Organization of the Petroleum Exporting Countries (Opec) on 1 January 2020.... Read More
The 2018-2019 academic year in Venezuela concluded in July in a state of catastrophe, with students missing at least 60 days – or 30% – of the school year, and some pupils in rural areas able to attend for an average of just one day a week.... Read More
Brazil & Southern Cone
Paraguay’s economy has been flat in 2019.... Read More
After an ambitious programme of pro-market reforms was announced in early November, government officials have indicated that they will start the process with changes to Brazil’s hyper-complex tax system.... Read More
As anti-government demonstrations have continued, so short term prospects for the Chilean economy have worsened.... Read More
As this issue went to press Alberto Fernández had just been sworn in as Argentina’s new president.... Read More
Central America & Caribbean
Foreign Ministers from Mexico, Honduras, Guatemala, and El Salvador met in September at the United Nations (UN) headquarters in New York City to discuss the implementation of the Comprehensive Development Plan for Central America.... Read More
In December 2018, following years of budget deficits and an increase in public debt, the centre-left Partido Acción Ciudadana (PAC) government led by President Carlos Alvarado finally approved a fiscal reform law.... Read More
Mexico
In early November, it was confirmed that the Instituto Mexicano del Seguro Social (IMSS), Mexico’s social security institute, and the federal finance ministry (SHCP) are working together to table a new pension reform proposal.... Read More
Contrary to the campaign promises made by President Andrés Manuel López Obrador, domestic economic activity remains stagnant.... Read More
In early November, the European Patents Office (EPO) signed a memorandum of understanding (MoU) with the Mexican institute of industrial property (Impi) in order to cement co-operation between the two bodies in the area of patent protection.... Read More

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