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crédito Reuters
Pemex increases gasoline imports in February

In value, foreign purchases of all petroleum products totaled 2,048 million dollars in February, an amount that represented an increase of 4% compared to the previous month, driven by better prices in addition to volume.

foto Reuters Banco Central de Uruguay
Fitch praises credibility of Uruguay's fiscal rule

However, he stressed that the fiscal rule “has only facilitated moderate consolidation, and the deficit only decreased
up to 3.3% of GDP in 2023 from 3.9% in 2019.” (…) It still has to anchor the consolidation sufficiently
to completely stabilize the debt/GDP,” the rating agency said.

crédito Globant
Globant's Sportian Agrees on Global Strategic Partnership with StadioPlus

The two organizations will carry out new initiatives to accelerate the digital transformation of sports and entertainment, offering technological products and monetization strategies with the creation of virtual worlds.

crédito foto Xinhua
Industrial production and trade grow during February in Chile

Industrial production saw an increase of 7.9%, while commerce saw an increase in activity of around 1.9%.

crédito foto aprque éolico Taltal de Colbún en Chile
Chilean Colbún enters environmental evaluation of expansion of Horizonte Wind Farm

It considers an investment of up to US$200 million and must go through the admissibility of the authority within a maximum period of five business days, where it is verified that the Environmental Impact Statement meets all the formal requirements required by law.

vida cotidiana Ecuador crédito foto Xinhua
Prices rise in Ecuador before the 15% VAT comes into effect

The National Assembly did not add the necessary votes to ratify the approved text that denied that Government proposal and since then it was known that such an increase would occur and the procedure was followed for the new tax rate to be applied from April.

desempleo Chile crédito Xinhua
Unemployment in Chile refuses to go down and reaches 8.5%

Despite the slight increase in unemployment rates at the national level, employed people grew by 3.1%, with the commerce sector (8.3%) contributing to the increase along with accommodation and food service (5.1%), among others.

cacao Africa crédito foto Reuters
Cocoa prices continue to rise due to crisis in African nations

"The chocolate bars we eat will soon be a luxury; they will be available but they will be twice as expensive," says one consultant. In countries like Ghana, a perfect storm of rampant illegal gold mining, climate change, sector mismanagement and rapidly spreading diseases are to blame.

México. Foto: Reuters.
Mexico leads Latin American trade with the United States

In 2023, Mexico participated with almost eight of every US$10 in merchandise exported to that country from Latin America, and also absorbed 62% of what the US sells in the region.

Pemex. Foto: Reuters.
Pemex crude oil production grew 16% year-on-year

In February, the use of the installed capacity of the National Refining System was 57%.

Foto vía comunicado.
Treep mobility app arrives in Peru

The technology created by the Argentine company Ualabee offers real-time information on the entire bus system, as well as availability of bicycles and scooters in Lima and Callao.

Neoenergia, Foto: Reuters.
Iberdrola signs agreement with Brazil to develop offshore wind energy

Specifically, this is the fourth signature - held within the framework of the Brazilian Offshore Wind Summit 2024 - of this nature carried out by Neoenergia, its Brazilian subsidiary.

Falabella. Foto: Reuters.
Falabella will close the Linio site in Mexico

The company seeks to strengthen its presence in the Mexican market by concentrating its efforts on the growth of Sodimac and the promotion of the Falabella Soriana card.

foto JBS crédito Reuters
Brazil's JBS losses nearly US$ 200 million in 2023

The firm said its Seara business and its U.S. beef division were its biggest challenges last year.

Fuente: Reuters
Moody's could lower Boeing's credit rating after safety crisis at the plane maker

The ratings provider placed Boeing's Baa2 senior unsecured rating on review for a downgrade from stable, according to a statement Tuesday.

Fuente: Lula da Silva
Brazil executes program that will grant credits for the decarbonization of the automotive sector

The program provides, among other measures, financial credits for those who invest in technological research, development and production that contribute to the decarbonization of the car, bus and truck fleet.

Fuente: Reuters
Argentina's economic activity fell 4.3% year-on-year in January, official sources say

A Reuters poll had estimated a collapse of 5.5% in January's EMAE, affected by a sustained drop in demand in a context of rampant inflation.

Fuente: Shutterstock
Paraguay's GDP grew by 4.7% thanks to the promotion of agricultural and electrical activities

Specifically, agriculture experienced a growth of 23.3%, while electricity and water activity reached 16%.

Fuente: JP Morgan
Ecuador's country risk decreases again after rise in the price of crude oil

The indicator stood at 1,225 points this Sunday, after jumping the 1,300 point barrier last week.

Tesla. Foto: Reuters.
Tesla seeks CEO to start operations in Colombia

The candidate must speak fluent English and have leadership skills, as well as presentation and communication skills.

Carne bovina. Foto: Reuters.
Argentina exports the largest amount of beef in 57 years

During the first two months, 75.5% of exports were destined for China, 7.9% went to the European Union and 7.1% to Israel.

Fuente: Agencia Andina
Holy Week and its differentiated impact on tourism in three Latin American countries

While domestic tourism in Peru will boost, Colombia will suffer a setback due to high taxes and a slowing economy. Meanwhile, Mexico will continue its growth path.

Autos. Foto: Reuters.
Mexico continues as the seventh world producer of vehicles

The country steps on the accelerator compared to its two close competitors: Germany (sixth place and with 4.11 million vehicles) and South Korea (fifth and with 4.24 million)

Reuters crédito foto Mercado Libre Brasil
Mercado Libre to invest nearly US$4.62 billion in its Brazilian operation this year

The amount responds to the company's intention to continue growing in Brazil this year amid expectations of a slightly better market than in 2023.

Fuente: BID Invest
IDB Invest will grant credit of US$ 20 million to Paraguay to strengthen agricultural and livestock production

The financial package includes US$15 million financed by IDB Invest and approximately US$5 million mobilized from institutional investors.

Carne
2024 boding well for Latin American meat exports

Several countries in the region have announced the opening of new markets for beef and pork - especially the United States and China - with significant impact on the export of these animal proteins.

Fuente: YPFB
First biodiesel plant in Bolivia will begin operations this Tuesday in Santa Cruz de la Sierra

The new facilities will produce 1,500 barrels daily; Its location required an investment of close to US$ 50 million.

    Fuente: Portos Brasil
    São Paulo Airport, the second busiest in Brazil, will receive an investment of US$ 399 million

    This was stated this Monday by the Minister of Ports and Airports of Brazil, Silvio Costa Filho, accompanied by representatives of Aena Brasil, the new manager of the terminal since last October 2023.

    Fuente: Reuters
    Socovesa, a Chilean real estate company, ended 2023 with notable losses and an increase in its debt load

    Higher administrative expenses and sales costs led to a drop in the real estate company's numbers, while at the same time a substantial increase in the amount of debt was observed during fiscal year 2023.

    Fuente: Reuters
    SQM and Tianqi exchange accusations as exploitation agreement with Codelco advances in Chile

    The agreement with the Chilean state mining company arouses the suspicions of Tianqi, a Chinese-owned company that controls 24% of SQM's shares.