The economic slowdown in Latin America has hurt the labor market in the region and projections indicate that it is not set to improve during the remainder of 2016.

Peruvian president Pedro Pablo Kuczynski has promised that by the end of his term, Line 2 of Lima’s metro system will be extended by 35 kilometers of new tunnel.

Peru’s exports of agricultural goods have experienced sustained growth, although the composition of those exports is changing to reflect new trends in demand.

According to the National Ministry of Culture, the creative economy is currently responsible for 3% of GDP in Argentina, and employs 2.5% of the country’s workforce.

As of now, consistent demand for grain has secured global prices.

Partners are turning away from the Venezuelan oil giant, Petróleos de Venezuela or PDVSA, “as unpaid bills mount up.”

Representatives from Legendarios Cigars have claimed that many cigars that are marketed as Cuban or Nicaraguan are really from the Dominican Republic.

Several banking and financial service companies are looking into the possibility of establishing a local asset management service in Argentina; $16 billion could be returned to the country’s economy.

Volkswagen, in hopes of expanding its market in Latin America, has recently decided to invest $7 billion Reis in Brazil until 2020.

According to the World Economic Forum, women work on average 39 more days per year than men. Furthermore, a new report issued by the forum estimates that at the current pace, the economic gender gap will not close for 170 years.