The Development Bank of Latin America-CAF (former Andean Development Corporation) approved, during the year 2021, a total of US $ 13,200 million to finance development initiatives in Latin American and Caribbean countries, the institution reported. “The impact of these approvals means, for example, that more than 2.5 million people will have new or improved drinking […]
Tag: Latin America
Latin America, awaiting the pension reform that Boric promises
Chile’s private pension model, which recently turned 41, is being strongly questioned, to the point that the president-elect, Gabriel Boric, promised to replace it with a public one, a decision that could generate a “domino effect” in some countries in the region with similar systems. Implanted by the Augusto Pinochet dictatorship (1973-1990) and devised by […]
Spain allocates US $ 45 million to cooperation in Latin America
Updated on 12/28/2021 03:38 pm Spain will allocate US $ 45 million to development cooperation in Latin America, divided into several initiatives, including the acquisition of shares in a fund for SMEs or a loan of US $ 20 million to the Dominican Republic. The Spanish government approved this budget item from which other countries […]
Dry weather in Latin America boosts soybean and corn prices in Chicago market
Updated on 12/27/2021 05:15 pm The prices of the Soy and the corn closed solidly higher on Monday in Chicago, fueled by drought fears in Latin America, while wheat did not follow that trend. “The market is driven by soybeans, we only talk about South America: the drought continues in Argentina and part of southern […]
The main Christmas shopping trends in Peru and Latin America
The COVID-19 pandemic changed the way people discover and shop for Christmas. However, some trends such as those related to the intention to buy gifts remained in consumers, according to a study carried out by Deloitte Latin America. In this way, the acquisition of gifts has become for the second year in a row the […]
WHO gives the green light to the first anti-COVID vaccine produced in Latin America
The World Health Organization (WHO) gave the green light to the first COVID vaccine developed in Latin America: a version of the immunizer from the Anglo-Swedish laboratory AstraZeneca manufactured jointly by Argentina and Mexico, announced the PAHO, WHO office for the Americas. The vaccine, in whose preparation the Argentine company mAbxience and the Mexican company […]
Chile, the first country in Latin America to vaccinate animals against COVID-19
Updated on 12/23/2021 04:00 pm Ten animals from the Buin Zoo, in Santiago de Chile, became the first in Latin America to be immunized against the COVID-19 with an experimental vaccine developed by the Zoetis veterinary laboratory. Three lions, three tigers, three pumas and an orangutan received the first dose of the vaccine on December […]
Odebrecht: five years after the corruption nightmare that stained Latin American leaders
The corruption plot that the Brazilian construction company orchestrated for 20 years Odebrecht and that came to light five years ago, it cost Latin America not only delay in its great infrastructure works but to see some of its greatest political and business leaders fall into a dark cobweb. Since on December 21, 2016, the […]
Latin America, faced with the challenge of consolidating its growth in 2022
Latin America in 2022 faces the challenge of consolidating its economy, currently in recovery after the crisis caused by the coronavirus, with a minefield mined by inflation, social and political instability and the impact of a pandemic still unchecked. To a greater or lesser degree, but always present, these three issues are transversal in all […]
Strong issuance of Latin American debt could weigh on the future
Latin America It appears to be on track to become the developing world’s largest issuer of new debt next year, a step that some strategists say could sow the seeds of future turmoil in the region. Nations in the region are projected to issue about $ 38 billion in bonds in 2022, more than any […]