South America's third biggest economy is in virtual default, according to Argentina's President Alberto Fernandez, who claims it is suffering a similar crisis to the worst of its history in 2001.
Poverty in Costa Rica remained stable at 21% in the last year, while extreme poverty had a slight reduction of half a percentage point to 5.8%, the official statistical agency said Thursday.
Extreme poverty in Latin America hit its highest level for nine years in 2017, according to a report by the UN's Economic Commission for Latin America and the Caribbean (ECLAC) published on Tuesday.
At the request of La Carpio community leaders, we are presenting this series in translation for Spanish-language readers. Read the original English series, which we...
MANAGUA, Nicaragua – The International Monetary Fund said Wednesday it will close its office in Nicaragua in August because its job was done helping the country reduce debt and poverty, and to get on the path to sustainable growth.
Costa Rica’s decision to join the Pacific Alliance, a trade bloc formed by Mexico, Peru, Chile and Colombia, this week prompted discussions that show private-sector groups are still divided on its potential benefits.