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Siderúrgica Huachipato
Chile: Siderúrgica Huachipato will reverse suspension plan, after setting surcharges

The company reported this decision after the Anti-Distortion Commission decided to establish provisional measures of 24.9% for steel bars and 33.5% for ore grinding balls.

Fuente: El Economista
Mexico consolidates its position as the main destination for auto parts from the United States

During 2023, 40.6% of auto parts exports made by the United States were destined for Mexico, with a value of US$36,309 million and a year-on-year growth of 9.9%.

Fuente: Mercado Pago
Mercado Pago's Agostina Colaizzo on the bitcoin halving: “There is a lot of uncertainty due to the geopolitical risk”

The threat of a war between Iran and Israel, as well as uncertainty about the reduction of interest rates in the US, modify the outlook Bitcoin to reach US$100,000.

Viva Air. Foto: Reuters.
Colombia interrupts the entry of lawsuits to face the Viva Air and Ultra Air crisis

Specifically, this strategy seeks to address the more than 34,300 lawsuits that were filed during 2023 as a result of the cessation of operations of both low-cost companies.

Foto vía comunicado.
Prexpe becomes the first unbanked digital wallet to be interoperable in Peru

Backed by GMoney, the fintech marks a key milestone towards the democratization of financial transactions in the country.

Min Eco, Formento y Turismo vía página web.
Chilean private sector criticizes 40-hour ruling

The unions pointed out that the implementation of the latest ruling, which will come into force next Friday, is "inappropriate and inadmissible" and "contravenes the regulations themselves."

Crédito foto BTG Pactual
BTG Pactual: “The change in rates forced the Chilean investor to rearrange his portfolio”

The investment bank has seen the reorganization of local portfolios since the country's central bank set its reference rate at 6.5% in the beginning of April.

crédito foto Gwendolyn Ledger misión Taiwan en Chile abril 2024
Taiwan completes business tour of South America

Brazil, Argentina, Paraguay and Chile were targeted by machinery, textile, cybersecurity and food companies from Taipei.

Fuente: Reuters
Scotiabank leads US$1.2 billion loan to Colombian oil company Ecopetrol

This transaction, in which Scotiabank participated with US$300 million, is closed for a term of five years with amortization at maturity.

PTLA crédito foto Christian Calvetti
Chile prioritizes expansion of the land port connecting with Argentina

Construction will begin during the third quarter of 2024 and will last 18 months. Today, almost 60% of Chile's land trade transits through the port of Los Andes.

Foto vía comunicado.
Peruvian Ferreyros exceeds US$ 263 million in online sales of spare parts in five years

These volumes reflect the demand registered on its e-commerce platform Parts.Cat.Com (PCC) and its integrated purchasing system for large companies.

Petrobras. Foto: Reuters.
Petrobras and China National Chemical Energy Company sign memorandum of understanding

The agreement will last for two years and will be activated immediately with the joint analysis of the fertilizer and petrochemical assets.

Fuente: Reuters
Mexican government expropriates Air Liquide hydrogen plant at Pemex refinery

After announcing a temporary occupation at the end of last year, the López Obrador government issued a "declaration of utility" in February that ordered PMI (Pemex's commercial arm) to request the Ministry of Energy the plant's expropriation procedure.

Ramón Celestino Velá vía X.
China and Venezuela formalize protocols to start commercial flights

The start of the airlift, led by the Venezuelan airline Conviasa, represents an important step in strengthening bilateral relations, as well as an opportunity to promote tourism, commercial exchange and strategic development.

Energía eléctrica. Foto: Europa Press.
Colombia rules out electricity rationing and announces regulatory measures

According to the head of the portfolio, the Government has the goal of achieving a 4% decrease in energy consumption through efficient use.

Dólar. Foto: Reuters.
Uruguayan tourism to Argentina is reduced by 25% while prices align

Official figures confirm a decrease in the flow of visitors to the neighboring shore in the first quarter. In addition, the growth of Brazil as a vacation destination at the start of 2024 stands out.

Autos eléctricos BYD crédito foto Xinhua
Mexico gives in to Washington: no incentives to Chinese electric vehicles

In a meeting between BYD and Mexican officials, the latter would have stressed that they will not give stimulus like those provided in the past and would suspend any future meetings with the Chinese automakers, said sources who requested to remain anonymous. 

Fuente: Reuters (fotocomposición)
Claudia Sheinbaum vs. Xóchitl Gálvez: the future of Pemex in a Mexico obsessed with crude oil

Two months before the June presidential elections, the candidates of the ruling party and the opposition agree on the need to introduce clean energy, but experts have doubts about the viability of the methods, as well as the future of Pemex and its multi-billion debt.

Fuente: El Economista
Ecuador suspends the working day for two days due to the severity of the energy crisis

The government of Daniel Noboa, which announced that only half of the electricity bill will be paid in April, suspects acts of corruption that would have aggravated an already complex scenario due to the lack of rain.

Fuente: Reuters
Chile: lithium exploitation will bring benefits to Codelco's diversification, according to Moody's

The US risk rating agency highlighted that although the entry into lithium would not have credit implications for Codelco in the short term, the eventual need for capital for these initiatives could put pressure on its creditworthiness.