Latin America

Monday, April 26th 2021 - 09:03 UTC
Venezuela remains the most “miserable” country - Argentina not far behind

Venezuela easily held to the dubious honour of being at the top of the list of the 2020 Global Economic Misery Index, while Argentina was merely seven notches behind.
Monday, April 26th 2021 - 08:38 UTC
Bolivia's YPFB eyes oil income of US $ 1,900 million for this year

Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) CEO Wilson Zelaya announced the state-run company projected an oil income above 1,900 million US dollars for the year 2021, which would represent a 35% growth compared to 2020.
Saturday, April 24th 2021 - 09:08 UTC
Apple retailer iPlace lands in Montevideo thanks to better tax conditions than those in Argentina

Apple's largest retailer in South America, iPlace, which is present in 27 Brazilian states has landed this week in Uruguay. The company iPlace chose Montevideo to start its international expansion to be able to keep an eye on the Argentine market thanks to its geographical proximity, iPlace CEO Matheus Mundstock explained.
Saturday, April 24th 2021 - 08:56 UTC
Cabify set to quit Brazil by June 14 citing lack of profitability

The passenger transport app Cabify Friday announced it will be dropping all operations in Brazil by June 14 due to lack of profitability and the serious health crisis in the country.
Friday, April 23rd 2021 - 09:16 UTC
Tourism in South America will not bounce back at least until 2022

In the absence of foreign travellers from Europe, the United States, Canada or Japan, tourism in South America is unble to hide its fragility going through the coronavirus pandemic, which has caused a major drop in visitors, it was reported. And there's not a single sign of recovery before 2022, according to industry analysts.
Friday, April 23rd 2021 - 08:33 UTC
Bolivia bans beef exports to guarantee domestic supply

The Government of Bolivia Thursday decided to halt all beef exports to prevent international demand from leading to an increase in price domestic consumers could not afford, Minister of Rural Development and Lands, Remmy Gonzales announced. “We have already talked with the sectors and we have already taken the measures to suspend exports while the domestic market is not supplied,” he told the media.
Friday, April 23rd 2021 - 04:20 UTC
Argentina to open new consulate in Playa del Carmen

The Argentine Government is to open a new consulate in the Mexican beach resort of Playa del Carmen, as announced in the Official Gazette.
Thursday, April 22nd 2021 - 09:25 UTC
Uruguayan President: competition between countries must not prevail to fight covid-19

During his speech at the XXVII Ibero-American Summit of Heads of State and Government, which is held in Andorra although most participants make only video appearances, Uruguay's President Luis Lacalle Pou Wednesday launched an appeal to his fellow leaders to find new ways in the fight against the covid-19 pandemic.
Thursday, April 22nd 2021 - 09:15 UTC
Uruguay tops Latin American transition to environment friendly energy sources

Uruguay continues to be Latin America's leading country regarding energy transition towards renewable sources, according to an index released jointly this week by the World Economic Forum and the Accenture consultancy firm.
Wednesday, April 21st 2021 - 08:51 UTC
US advises against travel to almost 80% of the countries in the world

The US State Department has updated its travel advisory system, listing almost 80% of the world's countries as “red” or “do not travel,” following guidelines from the Centers for Disease Control and Prevention given the spread of the coronavirus pandemic, it was announced.