Issue Aug 01-08 2023: Economists have denounced plans to increase the “bankification,” or “bank usage,” of the Cuban economy by restricting cash transactions and ATM usage, calling them “suicide.”
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Issue Aug 01-08 2023: Municipality officials in Guayaquil, Ecuador, recently approved an ordinance regarding the regulatory framework for informal vendors who work publicly, such as at events or markets.
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Issue Aug 01-08 2023: Colombia is entering a new era of rapid technological advancement by investing in the 5G spectrum, which will allow them to revolutionize the digital landscape.
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Issue Aug 01-08 2023: Casares Zambrano released a book, Mentalidad inversionista: Cómo invertir en empresas, which provides information to encourage people to invest in Mexican businesses.
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—Researched and Written by Ana Loza Pérez— Issue Jul 01-31 2023: The U.S. dollar continues to gain against most emerging currencies, including the Mexican peso, as U.S. Central Bank Chairman Jerome Powell’s speech points to further monetary tightening.
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Issue Jul 01-31 2023: Self-interest, as famously identified by Adam Smith, is the foundation upon which market economies operate, the invisible hand that guides and regulates these economies towards socially beneficial ends.
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Issue Jul 01-31 2023: The president of the National Assembly of Cuba, Esteban Lazo, stated that “100% of the basket is being imported,” adding that the country has no money to buy abroad despite export earnings reaching 1.3 billion dollars—more than a third of what was expected.
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Issue Jul 01-31 2023: Following the announcement of the agreement with the International Monetary Fund (IMF), opposition economists and analysts reported that the news would bring short-term relief, but the economic situation would still be considered critical without access to additional funding and claims to adjust spending.
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Issue Jul 01-31 2023: The WeTrade 2023 fair is the biggest fair of diversity, equity, and inclusion in Latin America, where governmental institutions, companies, and international organizations share their tactics to being more diverse.
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Issue Jul 01-31 2023: Panama is an infamous destination for retirement, as it pioneers laws to impulse the ‘silver economy.’
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