According to the Economic Commission for Latin America and the Caribbean (ECLAC), the region’s economy will shrink by 0.8% in 2016.
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Ecuador is in outright recession. It has been for the past two or three years and the trend will continue next year due to its state-centric model that is anchored in commodities like oil, according to Juan Fernando Carpio, professor at the University of Quito.
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Only 2.4% of all Latin Americans who have applications on their cell phones use the channel to purchase a product or service.
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Brazil’s Finance Ministry affirmed in a statement made in late June that it expects Brazil to stay afloat in the face of economic of uncertainty following the United Kingdom’s decision to leave the European Union.
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Peru just elected a new president, which has served as the catalyst to spark even larger and more widespread hope and optimism for the future of the country.
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For months now, the southern fields of Córdoba, Argentina have suffered from the torment of endless rain, floods and the subsequent significant loss of crops.
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Millennials believe they are more knowledgeable and more aware of effective personal finance practices.
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Researchers at the Technology Institute of Costa Rica (TEC) announced the first discharge of high temperature plasma in Latin America, joining an elite group of countries who have made advances in harnessing nuclear fusion to produce clean energy.
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Minister Piero Ghezzi Solís stressed that the executive board is almost finished with a plan and is on the point of no return, but that the new challenge will be to ensure that there is space for new plantations. Julio Lira wrote about the country’s plan in Gestión of Lima. Under the Productive Diversification Plan,
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The slowdown and the high level of consumption were highlighted at the World Economic Forum in Medellín.
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