SAO PAULO, Oct 23 (Reuters) – Argentina’s stocks, bonds and currency jumped on Monday as investors bet a strong electoral performance from President Mauricio Macri’s coalition could boost his reform agenda. While “Let’s Change” will remain a minority in the lower house of Congress and the Senate, as expected, its defeat of populist former President Cristina Fernandez in the Senate… Read more »
It is interesting to see how South America’s economy while, for the most part the rest of the world is really struggling. South America’s economy has taken a upward turn because of its advances in mining, construction, and fuel distribution. Two countries in South America are doing exceptionally well. Brazil and Argentina have both increased stock in their own countries,… Read more »
HOUSTON/RIO DE JANEIRO, Oct 26 (Reuters) – Brazil and Mexico are competing for a diminishing resource: the investment dollars of oil majors beating a retreat from the big-ticket offshore projects they once coveted. After two waves of resource nationalism that left few openings in Latin America for energy giants such as Exxon Mobil Corp, Royal Dutch Shell Plc and Total… Read more »
BUENOS AIRES, Oct 26 (Reuters) – Investors who bought up Argentine warrants linked to economic growth, hoping to profit from a long-awaited recovery, should not count their winnings just yet. President Mauricio Macri’s debt-laden government has a tough choice to make on how the payout from the bonds is calculated, economists say, and could potentially slash it to practically zero…. Read more »
VENEZUELANS already struggling to find food, medicine and other basic necessities have a new shortage to worry about: cash.Troubling shortfalls of Venezuelan bolivars are forcing many in this distressed South American nation to form long lines outside banks several times a week to withdraw what little cash is available.Others are resorting to bartering goods and services to skirt cash transactions.“As… Read more »
After 13 years the United Nations is pulling troops out of Haiti. Their is no guaranteed stability for Haiti and it will be interesting to see what happen to the country in the upcoming future. There is already really not a lot of opportunity in Haiti so a lot of young Haitians are already leaving Haiti to go find opportunity… Read more »
World trade must work as “smoothly, predictably, and freely as possible”, claims the World Trade Organization. In this spirit, the overall idea of trade rests on mutual respect and cooperation between nations. Canada, Mexico, and the United States of America formed NAFTA back in 1994; the treaty for the North American nations has benefitted the US more than it has… Read more »
The United Nation’s Mission for the Stabilization of Haiti, MINUSTAH, concluded last week after 13 years. The assignment helped one of the poorest country on the American continent. However, its work was filled with scandals that made the organization have a bad reputation within said society. Due to this, the UN established a new plan, MINUJUSTH, to support the peace… Read more »
Due to the financial crisis in Venezuela, many Venezuelans decided to migrate to countries like Colombia, Peru, Panama, Chile, Uruguay, Brazil, Spain, and the USA. Many of them are professionals in the fields of Engineering, Law, Architecture, Business Administration, as well as Medicine. Venezuelan Medical Federation assured that at least 16.000 doctors have migrated from Venezuela. This diaspora of professionals… Read more »
Credit is the cornerstone of our society. It’s thanks to credit that we are able to stay ahead and obtain goods and services before their payment, which fosters confidence among nations. The world’s largest authority regarding credit is the Federal Reserve of the United States of America, as it operates as the Central Bank for Central Banks. Only the Federal… Read more »