The numbers are strong and the danger is very great, but the solutions lie in the tax proposals being made by the Committee of Experts and the formula for curbing spending that was used by Santos when he was Minister.

According to data from the Mexican Association of Private Capital, in 2015 venture capital in Mexico was 264 million dollars, a figure lower than those of other countries in the region, such as Colombia or Chile.

In Mexico the National Workers Union (UNT) rejected the Trans-Pacific Partnership Agreement (TPP), pointing to the commercial treaty’s effects on the “peasant class.”

ComexPerú argues that these kinds of tax measures, proposed by some presidential candidates, would have a significantly negative impact on informal labor, and would not boost spending by families.

After a year of recession and virtual political paralysis, Brazilian President Dilma Rousseff decided to take the initiative to create a positive agenda against the crisis in her weakened government.

Mexico “clearly” is no longer a petro-economy, and is now a net importer of hydrocarbons. 

Actual retail sales in November 2015 decreased 0.3%, although employment in retail trade increased 2.8% over the same month in 2014. 

The Economy Minister recognizes that Peru faces an ambiguous and changing outlook, but insists that it’s ready for it. 

Declining world oil prices and its derivatives mostly favor non-oil producing economies; however, the same is not true with the fall in commodities such as coffee and bananas which continue to decline in international markets.

The worst recessions in the world this year will take place in Latin America, with little room for policymakers to try and avoid them as global commodity prices flounder.