Despite the fact that the Brazilian company Odebrecht was named the most international firm in the country in 2014, and one of the forerunners of Latin American economy, its progress and ascent to power were marked by acts of corruption.

Lima is the second city (after Bogotá, Colombia) in Latin America with the longest average travel time, which is not without cost.

Sea cucumber has become the main catch product by divers in the North Caribbean area because of the price they receive in the local market from buyers who export it to Hong Kong, Taiwan and the United States.

Argentina is not doing well when compared to other South American countries. Water and sanitation data are some of the main indicators that are taken into account when measuring the depleting development of the country’s health infrastructure.

A palpable excitement flooded the International Labor Organization’s Green Business workshop, where leaders in development convened to trade ideas on sustainable development.

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.

Brazil dropped 4 places in the ranking of most attractive countries for businesses. 

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.

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.

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.