Latin America

• Wednesday, April 28th 2021 - 09:53 UTC

  Wealth tax returns twice as much as expected in Bolivia

  

  Bolivian President Luis Arce announced on Tuesday his country's tax bureau had collected twice as much as originally estimated through the “very rich tax.”

• Tuesday, April 27th 2021 - 09:29 UTC

  Europe willing to welcome US tourists if vaccine passport question is worked out

  

  European Commission President Ursula von der Leyen admitted this past weekend there was a growing interest in welcoming tourists from the United States.

• Tuesday, April 27th 2021 - 09:27 UTC

  Chilean truck drivers retaliate for roadblocks, isolate Tierra del Fuego

  

  The Argentine Province of Tierra del Fuego continues to be isolated from the mainland since this past weekend as lorries keep blocking the Chilean road linking it to the Province of Santa Cruz, leaving the only sea and air travel available.

• Tuesday, April 27th 2021 - 08:53 UTC

  Chile's borders to remain closed in light of little progress fighting covid-19

  

  Chilean authorities decided Monday not to reopen the borders throughout May to try to prevent the entry into the country of new strains of the SARS-CoV-2 coronavirus, Health Undersecretary Paula Daza announced.

• 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.