Latam E-Commerce Giant Mercadolibre Reports Q4 Net Loss Of $46.1 Mln
South American e-commerce giant MercadoLibre Inc (MELI.O) missed analysts' forecasts after posting a fourth quarter net loss on Tuesday, despite a surge in sales.
The company reported a quarterly net...
How War in Ukraine Threatens the World’s Economic Recovery
Russia's invasion of Ukraine carries huge risks for a world economy that's yet to fully recover from the pandemic shock.
The conflict already looks like the most serious war in...
Bukele Announces 52 Reforms to Attract Investments To El Salvador
The Legislative Assembly of El Salvador is today studying a package of 52 reforms sent by President Nayib Bukele to attract foreign investment through tax incentives.
“I am sending 52...
Walmart Is Trying to Get Out of Some Central American Countries
Walmart de México y Centroamérica, through its board of directors, has announced that it is considering “strategic alternatives” with respect to its operations in El Salvador, Honduras and Nicaragua,...
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Mexico’s Economy Enters Technical Recession as GDP Contracts Again
Mexico's economy contracted for a second straight quarter in the last three-month period of 2021, according to official data published on Monday, putting it in a technical recession and...
In 2022, Latin America And the Caribbean Must Urgently Strengthen the Recovery
Two years after the onset of the pandemic, 2022 began with some hopeful signs of economic recovery after the worst downturn in more than a century. But the scars...
