El Salvador on Tuesday became the first country in the world to accept bitcoin as legal tender, despite widespread domestic skepticism and international warnings of risks for consumers.
Latin America's recovery from the pandemic crisis is lagging the rest of the world and the economy will not return to its pre-pandemic level until 2024
Hunger levels are soaring across much of Central America as countries battle economic crises sparked by the Covid-19 pandemic and extreme climate events
From salmon farming in southern Chile to shipbuilding in landlocked Paraguay, Japanese companies are pursuing investments throughout Latin America – with an eye toward future opportunities under the Trans-Pacific Partnership.
Argentina aims to borrow $15 billion when it returns to debt markets so it can pay off international creditors who have sued it in a U.S. court, the government said.
Bribery, graft and dirty politics are all too common in Latin America, but a noxious combination of the three has dogged the Central American dynamo in what ought to be its finest hour. And unless Panama can shake the curse, its glory may prove fleeting.
South American nations are more dependent on global commodity markets than the Caribbean, Central America or Mexico, whose fortunes are more closely linked to the strengthening U.S. economy.
Latin American currencies tumbled and stocks joined a global selloff Monday on speculation that the region's economic contraction will deepen as Chinese growth slows down.
