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China and Brazil seek synergies between their infrastructure programs

Brazil's rapprochement with Beijing underscores the continued retreat of the United States as it seeks to move up the value chain and develop economically.

Moody's: Outlook for non-financial companies is stable, but there are risks in the operating environment

For the rating agency, factors such as climate change, inflation and geopolitical risks could impact the outlook for this type of company in Latin America in 2025.

“Planet supports researchers, governments, and organizations in formulating informed strategies to mitigate and adapt to climate change at a global scale”

The company offers key solutions for early detection and data-driven policymaking against climate change and climate-related emergencies in Latin America. Ricardo Guerra, Regional Sales Director LATAM, comments on their services.

Brazilian BRF acquires a processed food factory in China for US$ 43 million

The Brazilian meat company BRF's subsidiary in the Asian country has signed a binding agreement with Henan Best Foods, a subsidiary of the North American OSI Group.

Uruguay rises to fourth position in the region in the Index of Economic Freedom

Uruguay's improvement from 65th to 57th place is mainly attributed to stability in monetary management and freedom of foreign trade.

Ecuador's banana industry could lose US$ 20 million a week due to escalation of war in Ukraine

Russia is the fourth best non-oil destination for Ecuador's exports. From January to August, that market represented US$ 583 million for the country.

Uruguay presents international fund for environmental projects at COP29

Uruguayan Economy Minister Azucena Arbeleche provided details of the Climate and Nature Fund in Azerbaijan.

Montevideo is positioned as the city with the most expensive square meter in Latin America

The data corresponds to a new measurement carried out by the Torcuato Di Tella University of Argentina in 13 cities in 8 countries.

Peru's total exports grew 12.4% in September thanks to high mineral prices

The increase in the average export volume was explained by higher sales of natural gas, gold, coffee and non-traditional product sectors (except non-metallic mining).

Peruvian Yura and American MLC clash over shares in Cementos Bío Bío

Last week, Yura, from the Peruvian Gloria group, launched a takeover bid for 20% of the cement company CBB, however, months ago, the US giant had already made an offer for 100% of Bío Bío.

US recognizes Edmundo Gonzalez as Venezuelan president-elect

On August 1, the Biden administration recognized González Urrutia as the winner of the elections, but had until now avoided declaring him "president-elect" of Venezuela.

G20 Summit: Milei agrees with Xi Jinping to strengthen trade relations

Both presidents have sent invitations for institutional visits to both China and Argentina, something that will be discussed by the foreign ministries of both countries.

Peru: Illegal economies move an amount equivalent to 4% of GDP

According to the report “Indicators to understand the impact of illegal economies in Peru” by the University of the Pacific, the three activities that generate the most money are illegal mining, human trafficking and drug trafficking.

BHP Mining Company Prepares Investments of Up to US$13.7 Billion in Chile

A large part of these resources - 78% according to Diario Financiero - will be used to improve Escondida, the most productive copper mine in the world.

Bolivian President held a successful bilateral meeting with Xi Jinping at the G20

Through his social networks, Luis Arce said that the meeting with his Chinese counterpart was “fruitful.”

    Bolivia would transport Argentine gas to Brazil through its gas pipelines

    The Brazilian government's goal is to import Argentine gas as soon as possible and at the lowest cost, so Bolivian gas pipelines are the best option.

      Peru's fishery exports totaled US$ 3.185 billion from January to September 2024

      Peru consolidates its global presence in the fishing market with constantly growing shipments.

      Argentina: Milei's government deregulates trade and eliminates 43 price control regulations

      The Ministry of Economy has argued that this measure is necessary to align the policies of regulation of the internal market, in such a way that a debureaucratization and simplification of the productive processes in relation to the consumer is carried out.

      Chancay Port: Trump advisor proposes imposing 60% tariffs

      The Peruvian Minister of Foreign Trade said that what Mauricio Claver-Carone said could not necessarily "affect us directly."

      Justin Trudeau: “We can’t wait another 150 years for AI to empower people in the global south”

      The Prime Minister of Canada spoke at the APEC CEO Summit 2024, where he highlighted the importance of gender equality in the business world, as well as investment in clean energy to drive digital transformation.

      Brazil and Argentina sign agreement to advance plans to import natural gas from Vaca Muerta

      The Argentine Minister of Economy, Luis Caputo, and the Brazilian Minister of Energy, Alexandre Silveira, signed a memorandum of understanding today in the context of the G20 Summit, which is taking place in Rio de Janeiro.

      Mexico offers financial services and public services as advantages for investments

      Based on 10 core indicators for 50 countries, the Business Ready Report awarded scores ranging from 0 to 100 points to map the environment each nation offers for doing business and encouraging investment.

      Mercosur-EU agreement: Poland rejects it "in its current form" due to growing discontent among farmers

      This was stated by Polish Agriculture Minister Czeslaw Siekierski, who warned that the treaty could "significantly affect the European market in the areas of beef, poultry and also sugar."

      Ecuador: Government declares national emergency due to forest fires and drought

      The measure seeks to address the 17 fires that are still active and another five that are currently under control in the southern provinces of Azuay and Loja.

      Latin American ports are moving towards the long-awaited integration

      Connecting through trade that generates economic growth is one of the main objectives of APEC member economies. In this regard, ports in the region will have to overcome the triple challenge of modernizing and connecting with each other and with land transport.

      Colombia's GDP grew 2% in the third quarter

      The result was in line with market expectations, although at the lower end of projections.

      Mexico lost more than 50% of trade negotiator positions during AMLO's six-year term

      In this scenario, the Federal Budget for 2025 proposes a 19.9% year-on-year reduction in real terms to the budget item related to expenses for Economy trade negotiations.

      Colombia resumes energy exports to Ecuador and seeks to enable new transmission line

      Ecuador's energy minister explained that the average hourly capacity delivered by Colombia on Sunday was 420 megawatts, while this Monday it will be 440 MW.

      Chile's GDP grew 2.3% in the third quarter and domestic demand rose slightly

      According to the Central Bank, this expansion of the economy came from growth in personal services, mining, transportation, manufacturing and trade.

      From Argentina, Macron rules out signing EU-Mercosur agreement "as is"

      Following his visit to the southern country, the French president said that Javier Milei was also "not satisfied" with the current conditions of the treaty.