The Venezuelan government of President Nicolás Maduro Wednesday gave the nod to the resumption of commercial flights to and from Portugal, which were halted due to the COVID-19 pandemic.
Bolivia's Deputy Minister of Exploration and Exploitation Daniel Mayta Jiménez Tuesday said that following the discovery of the Margarita 10 well and in a move to foster investment and encourage production, the Hydrocarbons Law 3058 -enacted May 17, 2005- needed changing.
Bolivian President Luis Arce Catacora has confirmed over the weekend the discovery of large gas reserves which -he hoped- would yield substantial profits to the country.
Bolivia's General Index of Economic Activity (IGAE) showed an 8.7% growth in the first semester of 2021, Economy and Public Finance Minister Marcelo Montenegro announced Tuesday.
The Government of Peruvian President Pedro Castillo and Prime Minister Guido Bellido has survived a vote of confidence motion at the national single-House Legislature controlled by the right-wing opposition.
Peruvian former Foreign Minister Óscar Maúrtua has been appointed again for the job to replace Héctor Béjar, who resigned earlier this week after just 19 days in office.
The Economic Commission for Latin America and the Caribbean (ECLAC) raised its average growth estimate for the region in 2021 to 5.2%, reflecting a rebound from the deep contraction of 6.8% registered in 2020 as a consequence of the adverse effects of the COVID-19 pandemic.
Pedro Francke, a 60-year-old economy professor and advisor to presidential frontrunner Pedro Castillo, has announced “there will be no expropriations, no nationalization, or price controls” in Peru, the Madrid daily El País reported.
Argentina's inflation in May was 3.3% for a year-on-year accumulation of 48.8%, the highest mark since March 2020, according to the National Institute of Statistics and Census (INDEC)
Mexico's foreign minister on Friday criticized the work of the head of the Organization of American States, Uruguayan born Luis Almagro, adding to its earlier rebuke that the group should not intervene in Bolivia's internal affairs.