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.

More saving is done through informal mechanisms. In Mexico 32% of the population saves informally, while 15% saves through formal methods like banks or other financial institutions.

Pedro Parente, President of the Brazilian state-owned oil company, Petrobras, asserts that both the national and global petroleum industries are in desperate need of reorganization.

In response to decreased productivity among local, subsidiary fishermen, Peruvian Prime Minister Fernando Zavala has declared five nautical miles off the coast of Tumbes and Piura, provinces in northwestern Peru, intangible to farm fishermen and other corporations associated with large-scale fishing.