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Tag: Latin America
It is not Colombia: this is the Latin American country where people work the fewest hours per week
In most nations of Latin America, the working day is usually 48 hours a week, a big difference if we compare it with European countries, where people work around 40 hours for the same period of time. However, more and more Latin territories are proposing new legislation that aims to make people work less time. […]
Argentina, Colombia and more: what is the minimum salary in Latin American countries in 2024?
The economies of Latin America continue to show a low growth trajectory that will accentuate in 2024 the dynamics of deceleration of the Gross Domestic Product (GDP) and employment generation. This projection from the Economic Commission for Latin America and the Caribbean (ECLAC) in its report ‘Preliminary Balance of the Economies of LA and the […]
It is not Chile or Brazil: which Latin American country will have the greatest economic growth in 2024?
According to October projections International Monetary Fund (IMF), the world economy could grow 2.9% in 2024, 0.1% less than what was outlined for 2023. In this context, the International Labor Organization (ILO) published its report in December 2023, which details the labor outlook, but also analyzes the economic growth of Latin America for this year […]
Ecuador, the most violent country in Latin America: a person dies almost every hour
Although the insecurity crisis has been dragging on for almost three years, Ecuador It hit rock bottom in 2023 and will end with a violent death rate of more than 40 per 100,000 inhabitants, making it the most violent country in Latin America. And it is that in Ecuador Almost every hour a person dies […]
NGO warns “dangers” for Latin America due to actions between Venezuela and Guyana
The return of tensions between Venezuela and Guyana supposes “enormous dangers” for the region, due to the arrival of a British warship to the Guyanese coast, to which the Government of Nicolas Maduro responded with a “defensive action” of the Armed Forces, the NGO Citizen Control warned this Thursday. The director of the non-governmental organization, […]
It’s not Argentina: which country has the highest unemployment rate in Latin America?
After the pandemic, a large part of Latin American countries saw their economies affected. Many lost their jobs, some got another, but the consequences continue to affect various nations. For this reason, the International Labor Organization has published the report ‘Labor Overview of Latin America and the Caribbean’, which shows the ranking of the countries […]
‘Boom’ of physical stores by digital companies reaches Latin American tourism
The opening of physical stores by companies native digital is beginning to make its way into many sectors of the economy of Latin America that are experiencing profound changes in the forms of consumption, as is the case of tourism. The strategy of establishing direct sales points to consolidate the business, a phenomenon that began […]
Brussels urges Latin America to “take advantage” of EU investments
The European Commission hopes that Latin America know “leverage” the investments that European Union plans to carry out on the continent under the Global Gateway program, and considers that both regions “they need each other” in the current global scenario. This is the message channeled by the director for Latin America, the Caribbean and relations […]
Neither from Peru nor from Argentina: this is the lowest salary in Latin America
The minimum wage in Latin America is always a topic of discussion, since economic needs and changes require a constant update of salaries. Furthermore, workers are always pushing and fighting for new increases; Therefore, among the countries in the region there is a great difference in the established amount. In this note, we detail how […]