Crude oil production in Venezuela continues to fall, but some believe that the industry can turnaround with the right leadership in Caracas.
The Mexican automotive sector hit a high water mark this March in terms of production, exportation, and domestic sales. The Mexican Automotive Industry Association, la Asociación Mexicana de la Industria Automotriz (AMIA), reported that production, exports, and domestic sales were… Read More ›
On April 6, the board of directors of Peru’s central bank, El Banco Central de Reserva del Peru (BCRP), chose to maintain its current interest rate at 4.25 percent. The BCRP has not changed interest rates since February 2016. In… Read More ›
Peru is recovering from damaging and deadly rains that plagued the Andean nation throughout March. El Niño-like weather conditions off the coast of Peru raised water temperatures far above normal levels and caused severe rain storms in the Andean regions. The… Read More ›
In an exercise of democracy, last week the small Colombian town of Cajamarca picked a fight with a multi-billion dollar international mining corporation. Democracy In a landslide defeat, 6,165 townsmen voted against mining exploration and excavation, while only 76 voted… Read More ›
Guatemala is the largest country in Central America by gross domestic product (nearly US$50 million) and population (more than 16 million). Guatemala also has a large number of free and preferential trade agreements, many of which are multilateral and include… Read More ›
As Venezuela continues to fall into economic ruin with food and other basic necessities in short supply, President Maduro declared war on public enemy number one, the culprits responsible for the crisis starving his people: bakers. On March 14, Maduro… Read More ›