Latest News for: Latin economies

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Gemini teams up with Bancolombia to support crypto trading

Invezz 07 Dec 2021
In the announcement, Gemini recognized the rapid growth of crypto adoption in Latin America. The exchange noted that this partnership with Bancolombia would increase the presence of the exchange in the Latin American market ... Colombia is taking a different approach to endorsing crypto innovations compared to other economies in Latin America.
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Colombia: Gemini and Bancolombia Will Start Offering Crypto Services Next Week

CryptoPotato 07 Dec 2021
Cynthia Del Pozo, Gemini’s Principal, Strategy and Corporate Development shared her excitement in an official blog post, noting that the crypto industry could help with the expansion of many Latin American economies ... Other projects involve players such as Binance, and the Latin exchanges Bitso and Buda.com.
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Higher metals, grains prices to drive 25% increase in Latin American trade this year

Reuters 07 Dec 2021
SANTIAGO, Dec 7 (Reuters) - Latin American trade should rise 25% in 2021, due mostly to higher commodity prices, although future performance depends on the evolution of the coronavirus pandemic and its impact the global economy, a United Nations commission said on Tuesday.
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Hero MotoCorp launches first dealership in Argentina

Sify 06 Dec 2021
The company has inaugurated its first dealership in Argentina in partnership with Gilera Motors Argentina, which is one of the leading companies in the motor vehicle sector in the Latin American country ... The company is focused on scaling up sales and services in the Latin American country, Bhan added.
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Latam FX muted as Omicron, China property concerns weigh

Reuters 06 Dec 2021
A slowdown in China, particularly in its massive property sector, would bode poorly for Latin American economies, which are large exporters of raw materials such as iron ore and copper -- commonly used in construction ... Key Latin American stock indexes and currencies.Register now for FREE unlimited access to reuters.com.
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Analysis-Hopes for Argentina IMF deal grow; but at what cost?

Metro USA 06 Dec 2021
Fernandez and his economy minister, Martin Guzman, have said a new deal must avoid fiscal adjustments that would ... Edward Moya, an analyst at currency broker OANDA, said a new deal would likely involve Latin America’s third-largest economy having to take some tough medicine.
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Analysis: Hopes for Argentina IMF deal grow; but at what cost?

Reuters 06 Dec 2021
Fernandez and his economy minister, Martin Guzman, have said a new deal must avoid fiscal adjustments that would ... Edward Moya, an analyst at currency broker OANDA, said a new deal would likely involve Latin America's third-largest economy having to take some tough medicine.
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Petrobras to cut fuel prices, Bolsonaro says

Petroleum World 06 Dec 2021
ET Auto.com. Reporting by Ana Mano/Reuters. SAO PAULO ... High energy prices, including diesel, gasoline and electricity, have pushed inflation in Latin America's largest economy to the double digits ... .
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$3 Trillion In Latin American Oil Assets Are At Serious Risk

Oil Price 06 Dec 2021
Latin American economies are, however, not much better off due to their high reliance on oil and lack of a ...
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Xinhua Headlines: Lira's tumble epitome of emerging economies reeling from speedier U.S. tapering

China.dot.org 06 Dec 2021
Brazil's economy contracted slightly in the three months to September, government data showed on Thursday, as surging inflation, steep interest rate hikes and a severe drought triggered a recession in Latin America's largest economy ... Analyzing the reasons why emerging economies are in a bad position to weather U.S.
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Lira's tumble epitome of emerging economies reeling from speedier U.S. tapering

Xinhua 06 Dec 2021
Brazil's economy contracted slightly in the three months to September, government data showed on Thursday, as surging inflation, steep interest rate hikes and a severe drought triggered a recession in Latin America's largest economy ... Analyzing the reasons why emerging economies are in a bad position to weather U.S.
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POPREBEL & FATIGUE projects: Populism & illiberalism in Europe

Open Access Government 06 Dec 2021
While its contributions to the EU budget seem to be proportional to the size of the economy (i.e., GDP), Poland is one of the largest recipients of EU funding ... First, populism is no longer associated with unsustainable macro-economic positions and policy cycles that once resulted in the collapse of the economies of Latin America.
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China-CELAC cooperation to help build community with shared future

People Daily 05 Dec 2021
The China-CELAC Forum will help strengthen bilateral relations between Latin America and China and create favorable conditions for in-depth cooperation between the two sides in economy and trade, finance, culture, technology, and environment, said Maya Alvisa, an Argentine ...
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Brazil’s Petrobras to cut fuel prices, Bolsonaro says

FX Empire 05 Dec 2021
Bolsonaro did not give details about the move, but explained that the price reductions should continue into the next few weeks ... High energy prices, including diesel, gasoline and electricity, have pushed inflation in Latin America’s largest economy to the double digits ... Advertisement ... Sign Up. Latest Articles ... ....
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Commentary: Latino communities can redefine American generosity

Johnson City Press 05 Dec 2021
Generosity connects human beings. It is a powerful core value we share across ideologies and identities. It’s how we relate to our community, family and intrinsic sense of belonging ... is the top source of remittances, at a total of $68 billion just in 2020, with these payments forming a pillar of several Central and Latin American countries’ economies.
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