Tag: Latin America

• Wednesday, October 2nd 2019 - 09:48 UTC

  Brazilian industrial production rose in August at its fastest pace in over a year

  

  Industrial production in Brazil rose in August at its fastest pace in more than a year, official figures on Tuesday showed, a sign that Latin America’s largest economy may slowly be turning a corner after flirting with recession earlier in the year.

• Friday, September 27th 2019 - 09:02 UTC

  Delta Air Lines buys a 20% stake in LATAM Group for US$ 1.9bn

  

  Delta Air Lines said on Thursday it would buy a 20% stake in LATAM Airlines Group for US$1.9 billion, creating a major new airline partnership and ending the Chilean carrier's ties with American Airlines.

• Wednesday, September 11th 2019 - 09:32 UTC

  Brazilian markets influenced by weak data from China and coming central banks decisions

  

  Brazilian shares broke a four-day run of gains on Tuesday, mirroring declines in global stocks after weak China data-fueled growth concerns, while currencies were tepid ahead of major central bank policy decisions.

• Wednesday, September 11th 2019 - 09:29 UTC

  Latin America's two largest economies begin talks on a free trade deal

  

  Brazil and Mexico have begun talks on a free trade deal, officials announced seeking to deepen commercial ties between the two largest economies in Latin America as trade tensions threaten to undermine global growth.

• Friday, August 30th 2019 - 09:43 UTC

  Brazil economy rebounds in second quarter spurred by construction and industrial production

  

  Brazil’s economy rebounded strongly in the second quarter after having shrunk in the first, official figures showed on Thursday, indicating Latin America’s largest economy comfortably avoided falling back into recession.

• Tuesday, August 27th 2019 - 08:59 UTC

  Venezuelan migrants will be provided with a regional vaccination card

  

  Venezuelan migrants will be provided with a regional vaccination card beginning in October, health officials from 10 countries agreed on Monday in an effort to ensure they receive needed vaccines and are not given double doses. More than 4 million Venezuelans have fled an economic and political crisis in their home country that has caused widespread shortages of food and medicine.

• Friday, August 2nd 2019 - 09:54 UTC

  Brazil already engaged in trade talks with United States, says minister Guedes

  

  Brazil has begun negotiating a trade agreement with the United States, the South American country’s economy minister said, kicking off knotty talks between longstanding competitors whose leaders want closer commercial ties.

• Thursday, August 1st 2019 - 09:36 UTC

  South America expected to grow 0.2% in 2019, forecasts CEPAL

  

  Hit by five years of “economic slowdown,” Latin America's economy will grow by barely 0.5% this year, the United Nations economic commission for the region said on Wednesday, well below the 1.3% projected in April.

• Monday, July 29th 2019 - 09:55 UTC

  Peruvian president offers to cut short his term and call for fresh elections to overcome the “institutional crisis”

  

  Peru's President Martin Vizcarra on Sunday offered to cut short his term and hold elections to end what he called an institutional crisis. He said in a speech to Congress this would also involve shortening the term of the legislature. As it stands, general elections are scheduled for July of next year.

• Friday, July 26th 2019 - 09:53 UTC

  Brazil stimulus plan will allow workers to withdraw money from severance fund

  

  Brazil hopes to inject US$ 11.2 billion into its slowing economy after announcing a plan Wednesday to put some extra cash in the pockets of workers. Workers will be allowed to withdraw up to 500 reais (US$ 133) this year and a certain percentage in 2020 from a severance fund that employers are required to pay into.