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Taiwan Pledges to Donate US$300,000 In Relief Supplies to Guatemala

Estimated reading time: 2 minutes Taiwan's government on Saturday pledged to donate US$300,000 in relief supplies to Guatemala in the wake of the devastation caused by a wildfire on...

Latin America’s Private Sector Is Failing the Region, Economist Mazzucato Warns

Latin America has a “massive private sector problem” with companies that profit from an excessively cozy relationship with the government but fail to invest enough, a leading international economist...

Mexico Nationalizes Salt Producer ESSA, Buys Mitsubishi’s Stake

Mexico’s government has nationalized Exportadora de Sal SA after buying 49% of the salt producer from Mitsubishi Corp. for 1.5 billion pesos ($87.6 million). The Guerrero Negro-based salt producer also...

Costa Rican Economy Expected to Be the Second Fastest Growing in Central America in 2024

Costa Rica is expected to have the second-highest economic growth in the region, according to an analysis by Strategy Negocios magazine published earlier this month. The study projects the GDP...

Cuba’s Top Cigar Maker Smokes Sales Record on Booming High-End Demand

Cuba's top cigar maker Habanos said on Monday its sales had soared to a record $721 million in 2023, a benchmark the company's executives attributed to booming demand for...

Stronger On-Time Performance and Lower Cancelation Rates Highlight US Aviation In 2023

According to the United States Department of Transportation (USDOT), 2023 was a strong year for commercial aviation, from on-time performance to mishandled baggage. Improving in 2023 Earlier today, the DOT released...

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US banks hunting for collateral to back $20 billion Argentina bailout, WSJ reports

EEUU. A group of U.S. banks, including JPMorgan Chase (JPM.N), opens new tab, Bank of America (BAC.N), opens new tab and Goldman Sachs (GS.N),...

Inflation in Mexico likely slowed in early October

Mexico's annual inflation rate likely slowed in the first half of October, a Reuters poll showed on Monday, supporting bets the central bank of...

Trump ends aid to Colombia and calls country’s leader a ‘drug leader’

Colombia. President Donald Trump said the US will no longer offer subsidies to Colombia, one of the country's closest South American allies. The US president...

Bolivia elects centrist Rodrigo Paz, ending decades of socialist rule

Bolivia has elected a centrist senator, Rodrigo Paz, as its next president, bringing an end to nearly 20 years of continuous rule by the...

US, Australia to Invest Over $3 Billion in Critical Minerals Over Next 6 Months

EEUU. U.S. President Donald Trump and Australian Prime Minister Anthony Albanese on Oct. 20 signed a rare earths agreement at the White House, outlining...