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Metaverse Could Contribute 5% to Latin America’s GDP By 2031
Research by the Analysis Group reveals the region could be among those with the greatest potential to benefit from the successful adoption of the virtual environment
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Chile’s New Constitution Faces Opposition; Mexico Scraps Food Import Duty
A roundup of Monday’s news from across Latin America
May 16, 2022 | 11:30 pm:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/3XXBDM6GY5GVPBERMD6L2E7NHA.jpg "Bond Traders Reel as Inflation Hits World’s Emerging Local Debt")
Bond Traders Reel as Inflation Hits World’s Emerging Local Debt
Local-currency debt from developing nations – which is far more sensitive to a country’s domestic inflationary pressures than dollar-denominated equivalents – has slumped almost 9% this year
May 16, 2022 | 10:53 am:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/ZHWTRCBG25H6HH34DPHVRTS7OA.jpg "Nomad, a US Fintech for Brazilian Users, Raises $32M")
Nomad, a US Fintech for Brazilian Users, Raises $32M
Just six months after the last fundraising, the neobank received new investment and aims to reach 1 million users
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Which Latin American Countries Will Be Most Affected By the War In Ukraine?
Russia’s invasion could have the severest economic effects on El Salvador and the Dominican Republic, while Bolivia and Ecuador are among the region’s countries that may be less affected
May 12, 2022 | 06:00 pm:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/C5RAO7JTOZGH5APOWVANZQZ75M.jpg "Brazil’s Inflation Highest Since 2003 as Food Prices Soar")
Brazil’s Inflation Highest Since 2003 as Food Prices Soar
Consumer prices in Latin America’s largest economy rose 12.13% year-on-year in April
May 11, 2022 | 10:24 am:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/RIVLWMZNUVEPVJ4VFT2YGHFVPU.jpg "Nubank Offers Bitcoin, Ether Trading to Customers")
Nubank Offers Bitcoin, Ether Trading to Customers
Nubank’s more than 50 million customers are now able to trade Bitcoin and Ethereum, creating more financial inclusion
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In Crisis, Entrepreneurs Accept Investments at a Lower Price: Jorge Paulo Lemann
In a virtual event held by Volpe Capital, businessman Jorge Paulo Lemann and former SoftBank COO Marcelo Claure said that investors can take advantage of the crisis by paying less in stakes
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Nobel Laureate Warns on the Risks of Disinformation in Elections in Philippines and Brazil
Maria Ressa, who runs the Rappler news website in the Philippines, has won wide international praise for investigations of alleged police abuses in President Rodrigo Duterte’s anti-drug efforts
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Petrobras Robust Profits Slammed by Bolsonaro in Election Year
Petrobras posted strong Q1 results thanks to growing oil production during this year’s rally, prompting a rebuke from President Jair Bolsonaro who wants it to contain fuel prices ahead of an October election
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Brazil’s Lula Makes Presidential Candidacy Official at Event
Luiz Inacio Lula da Silva officially launched his bid to return to Brazil’s presidency on Saturday more than a decade after he left office
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