The risk of government interference in the regulatory framework of the energy sector in Latin America increased, being more pronounced in Argentina, Colombia and Mexico, amid rising fuel prices and high inflation, the rating agency Moody’s warned on Tuesday. In general terms, the risk assessor highlighted that the rise in fuel prices has led to […]
Tag: Latin America
Cigarettes cause 351,000 deaths a year in eight Latin American countries
Cigarette smoking causes 351,000 deaths per year in eight countries of Latin Americain addition to demanding costs of almost 50,000 million dollars annually associated with the care of diseases caused by smokingaccording to a study released this Monday. The research, led by the Institute for Clinical and Health Effectiveness (IECS), in Buenos Aires, in collaboration […]
The presidents of South America seek in Brasilia the integration they have been pursuing for decades
The leaders of the South American countries, with the sole exception of Peruwill attend this Tuesday a summit called by the Brazilian president Luiz Inacio Lula da Silva, with the goal of relaunching an integration that the region has been pursuing without success for decades. Lula has invited to this summit to be held in […]
Hunger grew by 30% in Latin America and the Caribbean since 2019, according to the FAO
The number of people suffering from hunger in Latin America and the Caribbean has increased by 30% since 2019 due to aspects such as the covid-19 pandemic, the climate crisis and the war in Ukraine. This was stated in an interview with EFE by the Deputy Director General and Regional Representative for Latin America and […]
First case of a new variant of the SARS-CoV-2 XBB.116 sublineage reported in Ecuador
The Ministry of Public Health reported this Sunday about the first case of the new variant of the SARS-CoV-2 XBB.116 sublineage reported in Ecuador and assured that it maintains active epidemiological surveillance by the covid-19. In a statement, he pointed out that the reference laboratory of the National Institute for Public Health Research (INSPI) reported […]
World Bank: decrease in wages in Peru would also be associated with climate change
A report from World Bank (WB) associates the increase in annual temperature of 1°C with the decrease, in this same period, of 1% in wages in Latin America. The effect is especially noticeable in countries with warmer climates such as Colombia, Mexico, Panama and Peru. The report “Thriving: Making Cities Climate Ready” points out that […]
“Nearshoring”, the phenomenon that attracts companies and investments to America
The investments and companies are closer than ever to Americawith Mexico and Brazil in the lead, thanks to the phenomenon of string relocation either “nearshoring”in which manufacturing companies relocate to be closer to their markets, especially since Asia. The ravages of the covid-19 pandemic, the disruption of value chains, inflation and the trade war between […]
Direct investment from Latin America abroad was a record in 2022, according to a study
The investment directly abroad by countries of Latin America increased in 2022 by about 75% compared to the previous year, to a record of US$ 73,449 million, according to the Global LATAM 2022 report. The state entity ICEX-Invest in Spainwhich promotes the internationalization of Spanish companies, and the Ibero-American General Secretariat (SEGIB) presented the report […]
Russia calls G7 summit an incubator of anti-Russian, anti-Chinese “hysteria”
The Ministry of Foreign Affairs of Russia disqualified on Sunday the summit of the G7 held in the Japanese city of hiroshima as an event “politicized” in which, he said, anti-Russian and anti-Chinese statements had been made, and accused the forum of undermining world stability. Moscow lashed out after leaders of the world’s wealthiest democracies […]
Food insecurity can be combated with trade
Achieve an increase in trade between the countries of Latin America is one of the keys to fight against food insecurity in the region, the general secretary of the Latin American Integration Association (Aladi)the Uruguayan Sergio Abreu. The pandemic and the war in Ukraine caused a loss of 40,000,000 jobs in micro, small and medium-sized […]