Business
IMF maintains Latin America’s growth forecast for 2025 at 2.5%
Estimated reading time: 2 minutes
In its quarterly World Economic Prospects report, published this Friday, the International Monetary Fund (IMF) kept its growth forecast for the Latin American economy for...
Nicaragua: Russia Assesses Interoceanic Canal Project
The Russian ambassador to Nicaragua, Mikhail Ledenev, said today that his government is studying the possibility of working on the mega interoceanic canal project in Nicaragua.
This recent proposal by...
WTO Rules In Favor of Costa Rica in Trade Dispute Against Panama
An arbitration panel of the World Trade Organization (WTO) ruled in favor of Costa Rica in its trade dispute with Panama over restrictions imposed in 2019 and 2020 on...
Latin American and Caribbean Economies Continue with Low Growth and Will Expand 2.2% In 2024 And 2.4% In 2025: ECLAC
In its last economic report of the year, the United Nations regional commission proposes a series of policies for the region to be able to escape the trap of...
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Mexico’s Central Bank Opens Door to Larger Rate Cuts, Citing Progress on Inflation
Estimated reading time: 3 minutes
The Bank of Mexico could increase the size of cuts to its benchmark interest rate in future meetings as inflation eases in Latin America's second-largest...
Dominican Republic Receives US$10,756 Million In Remittances In 2024
The Dominican Republic received US$10,756 million in remittances in 2024, a 5.9% increase ($598.8 million) compared to 2023, according to the Central Bank. December alone accounted for US$1,003.5 million,...
