The International Monetary Fund declared the need for the governments of Latin America to “re-energize” their economies by combining fighting inflation with structural reforms.

The drought in Paraguay has intensified, affecting several key sectors for the nation’s economy.

Guatemala announced the Partnership for Action towards a Green Economy (PAGE), an institution which aims to promote development in emerging countries and is guided by sustainable policies.

Costa Rica’s tourism sector grew to an upwards of 43% last year, resulting in over 1.3 million tourists, according to the Costa Rican Institute of Tourism (ICT).

Former director of the Entidad Binacional Yacyretá (EBY), Ángel María Recalde, explained the concerns centered around prolonged drought and the production of energy from hydroelectric dams.

The negotiations between the Argentine government and the International Monetary Fund (IMF) entered the final stretch.

The oil reserve in Lake Maracaibo, which once made Venezuela one of the richest countries on the continent, has been abandoned for years.

Citigroup announced that it would close its consumer banking operations in Mexico.

At least 10,000 producers of cardamom in Guatemala are in crisis after excess production and low demand caused prices to fall.

Increased energy use, along with the increased temperatures and power outages during peak times alarm government officials and encourage them to take action.