Three Latin American countries, Ecuador, El Salvador, and Panama, have each made the dollar their official currency. People have asked whether this brings economic stability or social costs.
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Success for an SME (small to medium enterprises) or other businesses is difficult due to a number of fixed expenses.
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On October 8, Bioceres finally received governmental approval for its drought-tolerant HB4 wheat, after working toward this goal for several years.
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The bridge’s opening is awaited eagerly to hopefully help restart the local economy.
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In recent weeks, the National Land Agency (ANT) has started two projects that would allow uncultivated land to be given to businesses for development.
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In the first half of 2020, the Asdrúbal López de Guantánamo Coffee Processing Company sold 702 tons to Cubaexport.
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Since the beginning of 2019, Brazil has been in the public eye due to the Jair Bolsonaro administration’s radical changes.
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In June of 2020, Bolivia’s Direct Foreign Investment (IED) registered a loss of US $189.9 million, the worst economic downturn of the last seven years.
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Throughout 2020, Venezuela ordered some 71 tons of paper money from an Italian company, along with 300 million banknotes from a Russian state.
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The consumption of the coca leaf has increased 29% compared to 2013, but only 10% of the total coca production (around 120 thousand tons) has been for legal use.
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