An analyst thinks violence is a key issue, but said that Peru has many strengths that may outweigh such concerns.
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Most people who enter the informal work sector do not have a choice, due to the lack of opportunities in the formal economy and insufficient experience in finding other means of livelihood, the International Labor Organization (ILO) acknowledged.
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Chipotle, Panera Bread and Cheesecake Factory are closely watching the Argentine market; for good burgers one can go to McDonald’s, Burger King and Wendy’s, but they are now joined by Dean & Burger 54, Denny’s, Carl’s and Five Guys as they want in on the action, too. Subway is also considering an expansion.
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Though wine quality has improved, domestic consumption is down 5 million liters.
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The Economic Climate Index (ICE), developed in partnership between the German Ifo Institute and the Getulio Vargas Foundation (FGV), shows an improvement in activity in Latin America, but a worsening in Brazil in July, compared to April.
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Space technology is increasingly being used in everyday life to analyze the real-time impact of climate change and deforestation, or to do things like improve electoral processes, but the region is still behind the global curve due to economic setbacks.
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Peruvian exporters think state institutions have failed to take timely action to mitigate the effects of El Niño.
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One of the great unknowns after the standardization process is the hypothetical reintegration of the country in international financial institutions like the International Monetary Fund, the World Bank, and the Inter-American Development Bank.
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For the president of the Union of Exporters of Uruguay (UEU), Álvaro Queijo, the country is experiencing the worst-case scenario in terms of exports since the economic crisis of 2002.
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Banks are forecasting two years of economic contraction for Brazil and decreased economic growth of 0.5% instead of the previously predicted 1% in Latin America and the Caribbean, estimated the Economic Commission for Latin America and the Caribbean.
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