Business
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,...
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...
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Guatemala’s Economy Buoyed by Record $15bn Sent Home from Workers Overseas
Critics accuse the country’s government of doing nothing to stop the ‘escape valve’ of migration as it covers up their lack of spending.
The amount of money Guatemalans living abroad...
El Salvador Angrily Rejects IMF Call to Drop Bitcoin Use
The government of El Salvador on Monday rejected a recommendation by the International Monetary Fund to drop Bitcoin as legal tender in the Central American country.
Treasury Minister Alejandro Zelaya...
