A decade of increasing copper demand has driven Chile closer to becoming a developed economy, helping the country achieve a per-capita GDP similar to that of Portugal.
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Brazil dropped 4 places in the ranking of most attractive countries for businesses.
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The Panama Canal has hit a new record for tons of goods transported in one day, with 1,481,757 tons of cargo passing through the canal.
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With a variety of forces affecting Latin American economies in the new year, one of the few positive indicators is the stable price of raw materials on the international market.
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The International Monetary Fund (IMF) has released its quarterly predictions for the world economy and announced that it expects Latin America’s economy to grow by 1.2% in 2017, which is 0.4 lower than what it first predicted in October.
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In a rapidly globalizing and industrializing world, Colombia is taking a different approach to managing its economic stability: culture.
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Pressures on small firms are pushing them to seek out more financing for growth.
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In light of the rising prices of chicken and beef, pork is becoming a staple.
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More than two years have passed since the Cuban government announced it would begin to phase out its second form of currency known as the convertible peso.
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In the wake of an extremely controversial fourteen to twenty percent increase in gas prices in Mexico, a fierce discussion has begun between government officials about other commodities that could see a price increase, as well.
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