Economy & Business - September 2024

In late August Cuba’s official gazette published new decrees focussed on tightening controls on the non-state sector of the economy.... Read More

Peru’s President Dina Boluarte travelled to China from 25-29 June for meetings with President Xi Jinping, Premier Li Qiang, and other top-ranking politicians, as well as representatives from leading Chinese firms including Huawei, BYD, China Southern Power Grid, and China Ocean Shipping Company (Cosco).... Read More

Colombia’s economy has shown some signs of recovery but overall it continues to disappoint this year, with growth well below its potential.... Read More

BOLIVIA | International reserves begin to recover. Bolivia’s central bank (BCB) reported on 2 September that Bolivia’s net international reserves totalled US$1.9bn as of the end of August, up by US$196m on the amount registered at the end of 2023.... Read More

Uruguay goes to the polls in October in a presidential election that looks far less polarising than many others around the world.... Read More

Just over a year into his term, President Santiago Peña could claim he has made progress toward his campaign pledge that Paraguayans would be doing better under a government of his.... Read More

The energy transition away from fossil fuels to more sustainable sources of energy has generated impetus for a host of industries in Latin America, some new like lithium and green hydrogen, some older, like copper.... Read More

For a long time Argentine mining executives looked enviously across the Andean cordillera to their western neighbour.... Read More

BRAZIL | Investment in oil exploration expected to rise.... Read More

Central America received US$11.64bn in foreign direct investment (FDI) in 2023, a 12% increase compared to the previous year, according to a new report by the United Nations (UN) Economic Commission for Latin America and the Caribbean (Eclac).... Read More

On 13 August President Xiomara Castro met with China’s vice foreign minister Hua Chunying to discuss the free trade deal (FTA) that the two countries have been negotiating.... Read More

DOMINICAN REPUBLIC | Interest rates cut.... Read More

September is the last month of the six-year term of President Andrés Manuel López Obrador and has seen a government push to approve a wide-ranging judicial reform, among other reform initiatives.... Read More

Incoming President Claudia Sheinbaum has made two key energy sector appointments, the heads of state power company Comisión Federal de Electricidad (CFE) and the oil and gas giant, Petróleos Mexicanos (Pemex).... Read More

A report from the United Nations Children’s Fund (Unicef) published on 20 August has highlighted progress in reducing child poverty during President Andrés Manuel López Obrador’s time in office.... Read More

Mexico is at the forefront of artificial intelligence, or AI, adoption in Latin America, according to a new report.... Read More

MEXICO | Annual inflation slows.... Read More