Petróleos Mexicanos, better known as Pemex, recorded losses of 346 thousand 135 million pesos in 2019, an increase of 92 percent of the losses documented in 2018.

In 2018, the Venezuelan Minister of Agricultural Production, Wilmar Castro, inquired about how to tighten government controls against the local private economy.

According to measurements shown by the Credit Default Swaps index, published by the International Monetary Fund (IMF) Perú, Chile and Colombia are the countries with the lowest risk of defaulting in their bond payment, in Latin America. Argentina has the highest risk.

The Mexican economy confirmed that their economy is in a recession and reported a drop of 0.1% in industrial production in 2019.

Lan Hu, China’s ambassador to Colombia, announces that the Asian giant will seek a double taxation and foreign investment agreement as a part of strategies to build up their relationship with Colombia.

Panama’s National Assembly approved a law that creates a registration system that it says will help prevent money laundering schemes that allow the financing of terrorism and the proliferation of weapons of mass destruction as part of a national effort to overhaul legislation on its financial sector following its placement on the European Union’s blacklist.

The Paraguayan Coast Guard, along with several other government agencies, has developed a solution to end the destruction that recent flooding has caused in the city of Pilar.

The blackout of 2019 was a turning point in Venezuela when dollars started to be used in response to the lack of circulating domestic currency (Bolivars).

Ecuador ascertained more financial resources from the World Bank in Washington, as part of their economic agenda. These resources will finance the country’s fiscal till and investments.

The decrease in unemployment rates in a country is always a cause for celebration, except for when the data is tainted with informality rates.