Global foreign direct investment (FDI) collapsed in 2020, falling 42% from US$ 1.5 trillion in 2019 to an estimated US$ 859 billion, according to a UNCTAD Investment Trends Monitor released on Sunday.
Fitch Ratings forecasts Latin American economies will rebound this year from the 2020 recession but risks remain in particular because of the evolution of the COVID-19 pandemic.
A group of Peruvian doctors launched a hunger strike this week to protest the government’s lack of preparation for a second wave of COVID-19 cases.
Leaders of South America congratulated and celebrated the new United States administration on Wednesday as President Joe Biden and Vice President Kamala Harris were officially inaugurated.
Peru's opposition leader Keiko Fujimori has said that she would pardon her jailed father, former president Alberto Fujimori, if she wins April's general election. The 82-year-old Fujimori is serving a 25-year sentence for crimes against humanity and corruption.
Guatemala beat back on Sunday a large migrant caravan bound for the United States, just days before the inauguration of the new administration.
Argentina on Thursday became one of just a handful of Latin American countries to allow elective abortion, as neighboring Chile initiated its own debate on decriminalizing a procedure denied to most women on the continent. President Alberto Fernandez signed a law that allows abortion until 14 weeks of pregnancy that was passed by the Senate on December 30.
The appearance of new variants of the COVID-19 virus in several countries of the Americas, combined with an acceleration in the virus’s spread in virtually every country in the Americas, makes it urgent to continue public health measures such as social distancing, wearing masks, and washing hands often, Pan American Health Organization Director Carisa F. Etienne said.
Norwegian oil and gas exploration seismic data company PGS has signed an agreement with Uruguay's state oil company ANCAP to reprocess over 11 000 km of existing 2D lines of various vintages, applying the latest seismic imaging techniques.
The economy of Peru, the world’s second largest copper producer, is expected to grow an annual average of 5.1% between 2021 and 2026, the economy ministry said on Tuesday