The International Finance Corporation (IFC, for its acronym in English), attached to the World Bank, urged private banking in Latin America to assume with “courage” a “leading role” in the “sustainable and green reconstruction” of the region, and thus cover the “huge gap” in financing that it suffers from. To this end, the IFC, the […]
Tag: Latin America
Latin America, without a common strategy at COP26
Hurricanes that devastate entire islands in the Caribbean or increasingly extreme droughts: Latin America is one of the regions most vulnerable to the climate crisis, but it faces its role at the COP26 climate summit in Glasgow without a common strategy and with asymmetric commitments (United Kingdom). Perhaps the only fair claim centers on demanding, […]
October inflation data in Latin America give no truce
:quality(75)/cloudfront-us-east-1.images.arcpublishing.com/elcomercio/DQ4BVNJNPNBBLLPQFFF4RBOZKA.jpg?fit=%2C&ssl=1)
Updated on 02/11/2021 03:07 am Annual inflation in Paraguay and Peru soared in October to levels not seen in at least a decade, while rising energy and food prices pose a challenge to central banks. Inflation of Paraguay it reached 7.6% over the previous year, as imported fuel prices soared 33.3% and local food products […]
COVID-19 pandemic catalyzed the expansion of digital payments in Latin America
The COVID-19 pandemic was a catalyst for the expansion of the digital payments in Latin America, especially among small and micro companies, according to a new study carried out in the region by the electronic payments firm Visa. Restrictions on mobility and the promotion of contactless transactions accelerated a process of technology adoption that before […]
With inventiveness, women seek to lead the startup boom in Latin America
At a time when the ecosystem of emerging companies reaches its first big “boom” in Latin America, startups led by women take the lead, as shown by the Uruguayan Apptim and Prometeo, chosen among the 306 of the new acceleration program of Google and the IDB. The “LAC Women Founders Accelerator 2021”, created by Google […]
OECD: COVID-19 threatens to lose 20-year progress in welfare in Latin America
Many of the improvements in the well-being of the population of the most developed countries in Latin America, which had already slowed down since the middle of the last decade, run the risk of being lost with the pandemic, indicates the OECD in a report. The Organization for Economic Cooperation and Development (OECD) looks at […]
Spain believes criticism of its policy in Latin America is unfair
The Spanish Minister of Foreign Affairs, José Manuel Albares, described as “unfair and misinformed”The criticisms made by United States senators about Spain’s policy in Latin America. “They are unfair criticisms and very little informed and they do not respond to the good dialogue I have with (Secretary of State) Tony Blinken”, He assured Alvares when […]
IATA Sees “Unacceptable” Trend of Increase in Taxes and Air Fares in Latin America
The countries of Latin America show a growing trend of raising taxes and fees on air activity, at a time when the sector is recovering from the crisis caused by the pandemic of the COVID-19 that will keep it in deficit in the coming years, said the main trade body of the industry. The International […]
HIGH: consensus on standards for COVID-19 is the biggest challenge for airlines in Latin America
The homologation of requirements related to the pandemic from coronavirus for international travelers is the main challenge in the recovery of the airlines of Latin America, that although it advances, threatens to hold back from not achieving consensus with the health authorities, said executives of the sector in the region. Passengers suffer from constant delays […]
Latin America is a market to be conquered by Spanish wines
Latin America must rely on its historical and cultural relationship with Spain to promote the consumption of came that still has a lot of space to conquer in the region, assures the international taster Juan Carlos Rincón Domínguez. The expert, who was president of the tasting jury at the 10th Zarcillo Awards International Wine Competition […]