Latin America

Monday, December 7th 2020 - 08:52 UTC
Despite political turmoil, Peru joins the group of countries issuing debt maturing in 100 years

Peru has joined a select group of countries issuing debt that matures in 100 years, as investors looked beyond the acute political crisis that has engulfed the country in recent weeks.
Friday, December 4th 2020 - 09:23 UTC
Uruguay/Google Tannat cable system links with Brazil and Argentina

The Tannat cable system connecting Uruguay and Brazil by sea has now been officially extended to Argentina. The cable is co-owned by Uruguay’s state-run telco Antel and by Google. Active since 2018, the 2,000km system links Maldonado, near Montevideo in Uruguay, to Praia Grande/Santos in Brazil’s São Paulo state.
Friday, December 4th 2020 - 09:21 UTC
Peru farm workers protest for the fourth day derailing harvests and blocking roadways

Protests by farmworkers demanding better wages in Peru raged on for a fourth day on Thursday, spreading north into key agricultural areas of the Andean nation, derailing harvests of some crops, snarling transport of produce and leaving at least one dead.
Friday, December 4th 2020 - 09:00 UTC
LATAM expects to function at 38% normal capacity during December

LATAM Airlines expects to function at 38% normal capacity during the month of December according to a press release from the company. This includes the resumption of some international routes that remained suspended because of the coronavirus pandemic.
Friday, December 4th 2020 - 08:30 UTC
An eight mile wall of prehistoric art discovered in the Colombian Amazon

Prehistoric rock art discovered in Colombia is being hailed as the “Sistine Chapel of the ancients”. The eight-mile wall of art was created by the first humans of the Amazon some 12,500 years ago and now a wildlife filmmaker is sharing images and videos of the monumental artwork in a new documentary.
Thursday, December 3rd 2020 - 09:40 UTC
Ecuador expects the economy to grow 3,1% next year following an 8,9% contraction

Ecuador’s central bank said it expected the country’s economy to expand by 3.1% in 2021, following an 8.9% contraction in 2020 due to a plunge in crude prices and the effects of the coronavirus pandemic.
Tuesday, December 1st 2020 - 09:10 UTC
Murder of a French businessman and his colleague shock Mexico City

A few hundred people marched in central Mexico City on Monday to protest the killing of a French businessman and his Mexican colleague over the weekend, the latest violent crime to inflame concerns about security in the country.
Tuesday, December 1st 2020 - 08:36 UTC
WHO very worried about rapidly growing surge of Covid-19 in Brazil and Mexico

The World Health Organization says it is very worried about the rapidly growing surge of coronavirus cases in Brazil and Mexico. WHO chief Tedros Adhanom Ghebreyesus told reporters at his regular briefing in Geneva on Monday, “I think Brazil has to be very, very serious,” in combating the surge there. He echoed the same concern for Mexico, which he said was in “bad shape.”
Friday, November 27th 2020 - 08:38 UTC
Italian giant shipbuilder will construct a major shipyard in Yucatán, Mexico

Fincantieri, the Italian shipbuilding giant, has announced it has signed a letter of intent with the Ministry of Economic Development and Labour of the Yucatán State (Mexico) to participate in the design and construction of a shipyard located in the port of Progreso.
Thursday, November 26th 2020 - 09:30 UTC
Fitch Ratings more optimistic about Latin America's “improving economic” environment

Latin American corporate credit indicators point to an improving economic and operating environment for most countries across the region in 2021, according to a series of new reports from Fitch Ratings.