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

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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.

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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.

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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.

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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).

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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.

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

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In a meeting organized by Fedesarrollo and the National Association of Financial Institutions (ANIF), the Minister of Finance Alberto Carrasquilla stated that “Colombia has the tax structure of a poor country.”

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Even if the new coronavirus has not yet arrived in Latin America, its trade implications may certainly infect the already-fragile economies of the region.

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The Costa Rican Government launched an urgent plan to reduce debt, which in January 2020 was $36,500 million.

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