What to expect when the presidents of Brazil and Argentina meet

South America’s biggest economies want to work more closely together. That will not be easy

Avianca says to negotiate alliance with United Airlines

Avianca Holdings SA, one of Latin America's biggest airlines, said late on Tuesday it is seeking a commercial alliance with United Continental Holdings Inc, under terms still to be negotiated.

Brazil to escape recession in first quarter of 2017

Brazilian Finance Minister Henrique Meirelles said on Wednesday that his country is returning to a path of growth and will manage to escape recession in the first quarter of 2017.

NAFTA renegotiations to start in 90 days

Mexico’s president said talks to renegotiate the 1994 North American Free Trade Agreement linking his country with the United States and Canada would begin after a 90-day consultation period

Brazil's little state that could

Espirito Santo, Brazil's fourth-smallest state, with 2 percent of national population, also is one of the country's most fiscally fit.

Tax plan sows confusion as tensions with Mexico soar

Trump appeared to embrace a proposal by House Republicans that would impose a 20 percent tax on all imported goods. Many businesses in industries such as retail and energy, which rely heavily on imports, were in a panic.

Colombia's IT industry continues to gain traction in North America

A solid economy and steady growth of 4,5% between 2010 and 2016 has been the fuel behind the internationalization strategy that seeks to attract foreign direct investment to develop mobile apps

Facing Trump, Mexicans think the unthinkable: Leaving Nafta

Not long ago, any suggestion that Mexico might walk away from the North American Free Trade Agreement would have been met with utter disbelief.

Colombia’s external debt at 40% of GDP

Colombia’s foreign debt reached $116 billion in October, equivalent to 40% of the country’s GDP, according to a report published Wednesday by the country’s state-run central bank.

Withdrawal from Trans-Pacific Partnership shifts U.S. role in world economy

President Trump’s cancellation Monday of an agreement for a sweeping trade deal with Asia began recasting America’s role in the global economy, leaving an opening for other countries to flex their muscles.

Mexico's Pena Nieto outlines goals for talks with Trump

President Enrique Pena Nieto has vowed to fight for Mexico's interests and defend migrants' rights during talks with the new US administration.

Withdrawal from Trans-Pacific Partnership shifts U.S. role in world economy

President Trump’s cancellation Monday of an agreement for a sweeping trade deal with Asia began recasting America’s role in the global economy, leaving an opening for other countries to flex their muscles.

Brazil confident in “recovery curve”

Brazil's Finance Minister Henrique Meirelles has admitted that the government is going to revise its official forecast for this year's GDP growth

IMF endorses Colombia's economic direction

The international body praised the Colombian government's economic policies, as well as the 4th generation road infrastructure investment programs, which help reduce infrastructure gaps and diversify sources of growth.

More than 200 foreign companies have arrived in Colombia

In the last 5 years, approximately 200 foreign companies began their operations in the country, building new plants, business offices, and subsidiaries.

Venezuela’s new highest denomination bills can barely get you a Big Mac

New currency began circulating in Venezuela this week, the 500, 5,000 and 20,000 bolivar notes appearing first and which, many have pointed out, are barely enough to purchase even the cheapest of items.

Brazil worries about Paraguay

As recession continues, Brazilian businesses head to Paraguay that is positioning itself as low-cost manufacturing hub

Colombia’s 2016 inflation rate at 5.75%, misses government target

Colombia’s 2016 inflation was set at 5.75% by the country’s national Central Bank, missing the government-set target for the year but still down from the inflation recorded in 2015.

BMW 'absolutely committed' to a new Mexican plant

BMW is spending $1bn on a plant in Mexico, while other firms are investing in the US or moving production back.

Venezuela minimum wage to rise by 50% 'to combat inflation'

President Nicolas Maduro says the move will protect jobs and incomes. Critics say it may worsen the crisis. The International Monetary Fund says inflation will reach 1,600% this year.

Mexicans are the Nafta winners? It’s news to them

Mr. Trump made questioning the virtues of Nafta a centerpiece of his campaign, at one point calling it “the worst trade deal maybe ever signed anywhere,”

Argentina to bet big on public works to accelerate economic recovery

President Mauricio Macri’s administration is reportedly allocating AR $15,766 million (US $978,427,520) to such projects throughout the year, 46 percent more than what was earmarked in 2016.

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