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 […]
Tag: Latin America
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 […]
Latin America’s search for unicorns unleashes a tech stampede
When Sebastián Kanovich co-founded the Latin American startup of digital payments Local in Montevideo in 2016, it cost him foreign investors to take him seriously. “We had a lot of ‘no’ before we got the first ‘yes’. We were not only from Latin America, but from Uruguay, little known by the technology industry ”, he […]
Moody’s: neutralizing carbon is not a priority for Latin America due to its low emissions
The neutralization of polluting gas emissions is not a priority for Latin America because the region considers that its carbon emissions are low compared to other regions, according to a study released by the risk rating agency Moody’s. According to the study, the objective of reducing net carbon emissions to zero, that is, of reducing […]
Latin America may take more than five years to recover from pandemic, says IMF
The economy of Latin America and the Caribbean may take “more than five years” to regain pre-pandemic levels, which have substantially increased poverty and left an “increasingly precarious situation for the middle class,” said the International Monetary Fund (IMF). The acting director of the IMF’s Western Hemisphere Department, Nigel Chalk, commented today on the regional […]
IMF sees tighter monetary policy in Latin America even as economies struggle
Interest rate increases would continue in Latin America as the region reacts to inflationary pressures, even as economies are operating below their potential, said the International Monetary Fund (IMF). “These interest rate hikes are likely to continue in many countries in the coming months, and if there are signs that inflation expectations are less well […]
US sees corruption, security and economic challenges in Latin America
The Secretary of State of USA, Antony Blink, highlighted in Ecuador three fundamental challenges facing democracy in the region, such as corruption, civil security and the economic and social challenge. On his second day of official visit to the country, the head of US diplomacy gave a speech at the San Francisco de Quito University […]
The ILO urges the universalization of social protection programs in Latin America
The International Labor Organization (ILO) urged Latin America to expand the coverage of its social protection programs to avoid amplifying the effects of upcoming crises, as has already happened with the pandemic of the COVID-19, where it was the most economically affected region in the world. Before the pandemic, only 56% of the inhabitants of […]
CAF places US $ 1 billion in bonds for the economy in Latin America
The Development Bank of Latin America-CAF placed another US $ 1 billion in bonds to continue accompanying the economic and social reactivation plans of its 19 member countries, the agency reported, highlighting that it is the largest investment in the region in recent years. five years. In a statement, the institution indicated that the issue […]