A stark contrast between the Peruvian departments of Apurímac and Cajamarca demonstrates the economic potential of a thriving mining industry.

In an effort to encourage social and economic development throughout the continent, the Development Bank of Latin America (CAF) has put forward a number of proposed actions that would have to be undertaken towards meeting this goal.

–Researched and written by Katie Freund In Guanajuato, Mexico, long lines of cars stretch out of the gas stations that are still open.

After the construction company Odebrecht admitted in US courts to bribes in exchange for contracts, numerous Latin American companies have announced investigations in their own countries.

The Minister of Social Inclusion, Cayetana Aljovín, emphasized that the projects will be located in rural communities that are experiencing extreme poverty.

Shortly before Christmas, the government of Rio de Janeiro in Brazil suspended wages, leaving many workers feeling uncertain going into the holidays.

Venezuela saw over 30% of its companies go out of business in 2016, due to inventory shortages and increasingly high product prices.

Christmas spending often provides economic stimulus at the year’s end, but holiday purchases seem unlikely to provide much relief in Argentina.

As the Venezuelan currency crashes, some analysts anticipate that inflation will reach up to 1,500%.

Currently, 90% of all the security, maintenance and cleaning jobs in Brazil, close to 3 million, are outsourced.