Daniel Salazar Castellanos (EN)
Business Reporter
English
Latin American Countries Can Learn from Chile’s Energy Transition, Renewables Expert Says
In an interview with Bloomberg Línea, the executive director of ACERA, Ana Lía Rojas, shared her take on the Chilean experience
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Lifeline or Mirage? A Deep Dive into Migrant Remittances to LatAm and the Caribbean
Latin Americans face high transaction fees when they send funds home to their families. Between 2019 and 2022, the United States granted 1.7 million work visas to Latinos
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LatAm Hasn’t Done Enough to Boost Trade and Reduce Inequality, IMF’s Georgieva Says
In an interview with Bloomberg Línea, IMF’s Managing Director also outlined the main drivers for Latin America’s economic growth in 2024
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Co-Working In Latin America: Will WeWork’s Demise Affect the Business Model?
Mexico City, São Paulo, Bogotá and Santiago are the region’s capitals with the biggest presence of co-working at a corporate level
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Chile Makes Best Use of Public Funds in Latin America, While Argentina Ranks Last
Misspending represents 20% of public procurement, above the European Union’s 10%. Latin American countries’ social transfers are eight times smaller than those in the EU’s
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How Latin America Needs to Rethink Green Bond Issuances
In an interview with Bloomberg Línea, Greenpeace’s campaign director for the Andean region talks about the need for a new approach to carbon bonds in Latin America
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How Latin America Is on the Frontline in the Fight Against Fentanyl, Opioid Addiction
The illegal production of fentanyl in Mexico has yet to spread to the rest of Latin America, but experts warn that the region will soon have to face the fight too
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‘Mediocre Growth in Latin America Should Be Seen as a Long-Term Problem,’ Says World Bank
In an interview with Bloomberg Línea, the Chief Economist of the World Bank in Latin America, William Maloney, discussed the opportunities and threats facing the regional economy today
Brazil News
Fuel Prices, Exchange Rates Could Wreck Latin Americans’ Air Travel Plans
Much of airlines’ costs are in US dollars, and the currency’s fluctuations will affect ticket prices, while oil prices will be put under pressure by the war between Israel and Gaza
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Which Latin American Countries Are Among the World’s Top 20 for Crypto Adoption?
India and Nigeria are the countries where cryptocurrencies are most used, while Brazil, Argentina and Mexico are the top countries for their adoption in Latin America
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Top Latin American Countries for Investment in 2024, According to Experts
Looking ahead at 2024, investors will be paying close attention to trends such as nearshoring and the energy transition, as well as electoral volatility in certain markets
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Climate Change: How Latin America is Paying for Global Inaction
Extreme changes to the climate are affecting Latin America, with Amazon wildfires, stronger hurricanes and greater difficulties in food access
Brazil News
Latin America’s Internet Penetration Surpasses that of China
Penetration has reached 78% in the region, but data remains excessively costly for the 20% of the population on the lowest income, according to a report by Atlántico
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Which Latin American Countries Lead the Way In AI Regulation?
The region’s artificial intelligence index (ILIA) points to just three countries with adequate regulation of the technology, out of the 12 countries analyzed
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Will Latin America’s Largest Economies Keep Cutting Rates? This Is What Analysts Are Saying
A decline in economic activity is taking on a more prominent role in monetary policy decisions at central banks across the region
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Will Latin America’s Commercial Real Estate Market Rise From the Ashes?
Depreciation, nearshoring, and call centers have a lot to do with the resurgence of a sector that was pummeled during the pandemic
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M&A Activity In Latin America Seen Picking Up In Second Half
Investors have had to adjust to new market conditions, and while new investments in the region are expected in second half, challenges remain
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Magnitude 6.1 Earthquake Rattles Colombia
The quake, which occurred at 12:04 local time Thursday, shook various regions of the country, with its epicenter in Calvario, in the Meta department
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A Weaker US Dollar Could Aid Latin America in its Struggle Against Inflation
The region’s main currencies have appreciated against the greenback, with the Colombian peso and Mexican peso leading the pack
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Number of M&As In Latin America Falls By 20% In First Half
Venture capital outlays have reduced by 34% in volume to July, while Brazil remains the most active market, followed by Chile and Mexico
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Which Latin American Countries Are the Most Indebted to China?
China is becoming a bigger player in the rescue of low- and medium-income countries, but which can be a double-edged sword for indebted economies
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Brazil Could Become a Leader In Cheaper Green Hydrogen Production
The high cost of producing the fuel could begin to drop as technology improves, and Brazil could be among the countries to offer lower production costs, although analysts don’t expect the cost to drop much before 2030
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Why Cheap Airfares Could Be a Thing of the Past In Latin America
The Latin American airline industry is resilient to the post-pandemic crisis of higher interest rates and skyrocketing jet fuel prices, but travelers’ wallets remain under strain
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How Much More Do Wall Street’s Top CEOs Make Compared to the Average US Worker?
The report shows that the gap between the salaries of chief executive officers and workers across the United States continues to widen
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What Are the Factors Helping Latin America to Contain Inflation?
Independent monetary policies brought a dual effectiveness in the fight against inflation, with both tightening and the competitive appreciation of local currencies, according to Moody’s
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Latin America Battles to Keep Cost of Living in Check as Four Countries Report Inflation
Mexico, Brazil, Chile, and Colombia will release their CPI data this week, providing insights into the ongoing battle against rising costs of living in the region
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Slow Bidding and Low Government Prioritization Delay 5G Rollout In Latin America
5G is in its initial stages in Latin America, with an adoption rate of only 2%. What are the reasons behind the slow pace of spectrum auctions, deployment, and which countries are leading the way?
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Latin American Startups Remain Dependent On Venture Capital Amid Battle to Break Even
Figures from TTR Data show that, in the first half of 2023, 420 venture capital deals were closed in Latin America, a 37% drop year on year
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How Better Housing Could Boost Economic Growth In Latin America
Access to dignified housing could also result in greater access to education, and encourage the enrollment of more than 41 million more children worldwide, according to a study
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How Latin America’s First Ever Stablecoin Could Trigger a Crypto Battle
The Argentine cryptocurrency company Ripio announced that it has launched what is considered the first Latin American stablecoin, called "Criptodolar", what are the implications?
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What Is The Common Theme In Mexico, Brazil and Colombia’s Currency Strength In 2023?
Latin America’s main currencies have felt the pressure of Fitch’s US long-term credit downgrade, following a year of appreciation against the dollar
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These Are the Latin American Countries With the Most Skilled Labor Forces
A report on 100 countries based on data from an online learning platform places Mexico, Colombia and Argentina in the top-three for the region
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Which Latin American Countries Are Most Pessimistic About Their Economies?
Ipsos’ What Worries the World survey reveals that inflation is the main concern globally, while in Latin America, Argentines showed the greatest pessimism regarding the country’s economic outlook
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‘Resourceful, Entrepreneurial’: The Anatomy of the Latin American CEO
Adecco describes the profile of the Latin American CEO as “an extremely resourceful professional,” given that market conditions are very different in the region compared to more developed countries
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How Inequality In Colombia Can Make Growing Old a Tougher Ordeal
For every $100 of wealth created in the last 10 years in the country, $45 has gone to the richest 1% and only $12 to the poorest 90% of the population
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Colombia’s Latest Cannabis Legalization Bill Fails to Achieve Support In Congress
The bill to make the recreational use of cannabis legal for adults failed to pass the eighth round of debate by seven votes, and which was the fourth attempt to legalize the plant’s consumption in the country
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Which Latin American Countries Nurture the Most Deep-Tech Startups?
The sector includes companies dedicated to artificial intelligence, biotechnology, robotics, space technology, clean energy and nanotechnology
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Colombian Lawmakers Draw Up Bill to Foment Use of, and Safeguard, Nuclear Technology
Bloomberg Línea presents some of the details of the bill that will be submitted to Congress to develop the country’s nuclear sector
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Global Logistics Still Grappling With Weak Demand Amid Ongoing Consumer Uncertainty
In an interview with Bloomberg Línea, Tim Scharwath, CEO of DHL Global Forwarding, analyzes the challenges facing the sector and the opportunities that new technology are bringing
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Colombia’s Aging Population, Falling Birth Rate Cause Concern
It is expected that, by 2060, two out of three people in Colombia will be retired. What does the aging population mean for the country’s economy?
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Exclusive: Artificial Intelligence ‘Will Change Everything’, Airbnb’s CEO Says
In an interview with Bloomberg Línea, Chesky fears that artificial intelligence will be as change as radical as the invention of the Internet, and that it will become indistinguishable from humans
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Which Colombian Startups Could Be the Country’s Next Unicorn?
KPMG’s Tech Report 2022-2023 highlights some of the companies that could achieve a $1-billion valuation
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ChatGPT: Which Latin American Countries Are the Biggest Users of the AI Tool?
Governments’ and companies’ expenditure on artificial intelligence (AI) will surpass $500 billion this year, according to International Data Corporation
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Why Is Colombia Unable to Tame Inflation, and What Is President Petro’s Strategy?
Prices remain sky-high in the country while other Latin American nations have been able to temper inflation. Which factors are impeding the South American country’s fight against price hikes?
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Why Have Fintechs Become Essential In Latin America, and How Vulnerable Are They?
According to an IMF report, “it’s not clear to what extent neobanks would be vulnerable to a liquidity crisis”
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Who Is the Colombia-Born Judge Handling Donald Trump’s Trial?
Amid the case that is capturing the world’s attention is Juan Merchan, a New York state Supreme Court judge, who was in charge of reading the accusations against the former US president
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Debate About Colombian Labor Reform’s Impact On Delivery Apps Heats Up
Tu Orden, a competitor of Rappi in the food delivery business, claims that the Colombian unicorn’s opposition to the reform that seeks to provide social security to drivers is “exaggerated”
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Why Are Big Latin American Startups Delaying Their IPO Plans?
SoftBank and Endeavor Catalyst say that companies such as Colombia’s Rappi, Mexico’s Clip and Brazil’s Creditas could debut on the stock exchange soon
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Colombian Government Faces Off With Delivery Apps In Bid to Provide Social Security
In an interview with Bloomberg Línea, deputy labor minister Edwin Palma denies Rappi’s claim that implementing reforms would raise the cost of delivery apps’ services
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Oil and Gas Companies Cancel at Least 60 Contracts In Colombia
The country’s oil and gas chamber (Campetrol) reports that private companies foresee a 4% drop in E&P investment this year, and a 33% reduction in the budget for the sector