By Sebastián Osorio Idárraga The Essequibo, the geographic area currently occupied by the Republic of Guyana, continues to be a center of discussion and debate in Venezuela. This dispute has spanned over 100 years and was stoked less than a decade ago by the territory’s natural resource wealth. This extensive border conflict, for a territory […]
By Sebastián Osorio Idárraga In a new court filing, US prosecutors described how former Honduran President Juan Orlando Hernández (JOH) allegedly used drug money not only to finance his 2013 and 2017 campaigns but also to “corrupt the electoral process” and “fraudulently win” an election. The former Honduran president was extradited to the United States […]
By Fátima Romero The Monetary Board of the Bank of Guatemala (Banguat) approved a new increase of 25 basis points to the leading monetary policy interest rate to 5%. At a press conference on Wednesday, April 26, the monetary authorities said that the interest rate increase results from an internal and external economic factors analysis. […]
By Juan Pablo Alvarez Latin American societies face a strong upheaval in political and social terms, which adds financial uncertainty for investors. In this context, the US risk rating agency Moody's prepared a report detailing the situations that generate the greatest credit risk in the six main economies of the region. "The growing social and […]
By Dayanne Sousa* Suzano SA, the world's biggest maker of hardwood pulp, is considering selling its output to China in yuan, confirming that the US dollar's dominance in commodities markets is fading. China's currency is becoming increasingly relevant, and the country's smaller customers are asking for renminbi (CNY) linked deals, said Suzano CEO Walter Schalka, […]
By Daniel Salazar Castellanos As countries in Latin America began to level the pulse with inflation, they also began to reduce interest rates, as was the case in Uruguay, after a cycle of hikes that could last longer in markets such as Colombia until the biggest price increase of this century is fully declared a […]
Arguing serious flaws in the legislative process, the Supreme Court of Justice of the Nation (SCJN), the highest body of justice in Mexico, invalidated in its entirety the first electoral reform of the so-called ‘Plan B’ of President Andrés Manuel López Obrador. With nine votes in favor, the ministers of the Court endorsed the project […]
Two people very close to the former Brazilian president, Jair Bolsonaro (2019-2023), plotted to use 1,500 military personnel to execute a coup, according to audios of conversations released this May 8 by CNN Brazil. "We have to convince General Pimentel (...) we have to convince the commander of the Special Operations Brigade of Goiânia and […]
By Angélica Ferrer The migration of people from Latin America to the United States is a phenomenon that has been booming since the beginning of the 20th century, in the wake of World War II (1939-1945), but is currently in vogue throughout the region. According to the International Organization for Migration (IOM), approximately 51 million […]
Democracy is under attack in Brazil. The House of Representatives is expected to vote soon on PL 2630/2020, which was recently amended to include more than 20 completely new articles that have never been widely debated. Here’s how this bill will kill the modern internet if passed as currently written. If passed, companies like Telegram […]
Audi and Porsche announced on Monday (8) a partnership with Raízen, an integrated energy company and licensee of the Shell brand, to expand the charging network for electric vehicles in Brazil. The joint initiative received investments of around R$24 million (US$4.81 million) and will install 20 fast chargers, primarily at Shell gas stations, by March […]