Argentina is currently in the process of upgrading hundreds of miles of railroad under the Plan Belgrano. The infrastructure improvements will reduce shipping time between two major cities in the north from 18 days to just two. The first 500… Read More ›
The Attorney General and Comptroller General signed a leniency deal with Odebrecht in the multi-billion dollar corruption investigation.
Canada’s central bank raised its monetary policy rate by another 25 basis points to 1.50 percent and expects further rate hikes will be needed to keep inflation near its target though it will continue to be guided by the level… Read More ›
Mariano Vela, a geologist with 20 years of experience in the oil sector, will oversee Chevron Corp’s operations in Brazil, reported Reuters. According to his Linkedin profile, Vela has been Chevron’s “Global Earth Science Sponsor” since January 2015.
Petrobras removed restrictions on doing business with Odebrecht. Both Petrobras and Odebrecht were the center of corruption investigations.
Consumer prices in Bolivia rose by 0.12 percent in June relative to prices in May, according to a report by the National Institute of Statistics (INE). Consumer prices rose 3.17 percent year-over-year in June. Among the 12 categories reported by… Read More ›
Some industry experts predict that Central America’s largest economy will grow by less than 3 percent in 2018.