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Economy & Business - March 2020

LEADER
The Mexican economy, like many others, is exposed to the coronavirus (Covid-19) pandemic...
ANDEAN COUNTRIES
Most notoriously associated with the destruction of orangutan habitats in Indonesia and Malaysia, palm oil production also has a chequered record in Latin America’s Andean region...
On 20 February, just 20 days after ceasing operations in Colombia, Uber, the peer-to-peer ridesharing platform returned to the country...
BOLIVIA | Fracking...
BRAZIL & SOUTHERN CONE
The headlines for the Chilean economy are all pretty bad...
Luis Alberto Lacalle Pou took office as Uruguay’s new centre-right president on 1 March, with Azucena Arbeleche taking over as the country’s new economy & finance minister...
Brazil’s state-owned oil and gas giant Petrobras announced record profits for 2019, enhanced by various asset sales...
“Stop suffering!” Brazilians of all religious denominations are familiar with part of this sermon, the slogan of the most powerful and well-known evangelical pastor in the country, Edir Macedo, who is also the owner of a national TV station...
The number of mergers and acquisitions (M&A) in the Latin American energy sector dipped a little in 2019, but the overall value of transactions surged upwards, according to research company Transactional Track Record (TTR)...
ARGENTINA| Agricultural tariffs cause tensions...
CENTRAL AMERICA & CARIBBEAN
A massive blackout last year brought regional electricity supply to the fore at a pivotal time for the sector...
Over the last 25 years, Caribbean heads of state have made concerted efforts to innovate and reform their educational systems...
COSTA RICA | IMF warns on fiscal deficit...
MEXICO
The recent sharp fall in international oil prices is increasing speculation about a downgrade for Mexico’s state-owned oil firm, Pemex, by the international credit ratings agencies...
Although Mexico’s attention is likely to remain fixed on the coronavirus (Covid-19) pandemic, other economically relevant developments elsewhere will continue...
Unemployment: On 27 February Mexico’s national statistics institute (Inegi) released its latest figures for unemployment, which show that the unemployment rate increased to 3.8% in January 2020, up from 3.6% in January 2019...

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