Latin America
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/IS62U6D7N5DIBBTPTKMWWTHBVU.jpg "Dominican Republic Enjoys Record Month of Tourism Arrivals Despite Hurricane Fiona")
Dominican Republic Enjoys Record Month of Tourism Arrivals Despite Hurricane Fiona
Suspended flights due to the hurricane traversing the country reduced tourism arrivals by around 45,000, but September was still a record month for visitor numbers
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/2Z64JS6R2RBHVIRAMTVGAIQKNA.jpeg "Number of Latin Americans Living in Poverty Expected to Surpass One-Third of Total")
Number of Latin Americans Living in Poverty Expected to Surpass One-Third of Total
Around 170 million people live below the poverty line in 18 Latin American countries, around 25% of the total, with inflation and low economic growth expected to swell the figures
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/5XUEPFYTUFFF7INTPAVQNJOPRA.jpg "How Do Rental Yields Compare in Latin America’s Capital Cities?")
How Do Rental Yields Compare in Latin America’s Capital Cities?
With disparate prices, yields in dollars fluctuate from city to city across the region, influenced by location and the economic health of each country
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/HBTF3MHSSJFJRKY3VDE2NHG2X4.jpg "Brazil’s Ibovespa Climbs Pre-Election; S&P 500 Closes Quarter at 2-Year Low")
Brazil’s Ibovespa Climbs Pre-Election; S&P 500 Closes Quarter at 2-Year Low
Brazil’s index closed with a 2.2% hike prior to Sunday’s elections, while US markets saw their worst quarterly loss since 2009
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/L7F2JW5POJCTBEXPKHXQ2H3Y5E.jpg "MercadoLibre to Expand LatAm EV Fleet, Launch Crypto Payments in Mexico")
MercadoLibre to Expand LatAm EV Fleet, Launch Crypto Payments in Mexico
In an exclusive interview with Bloomberg Línea, executive vice president of e-commerce Ariel Szarfsztejn talks about the e-commerce giant’s “aggressive” growth strategy
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/HIKLLSCY5VCIZGLB5DZBOVBCPU.jpg "Rounds of the Week: Funding Still Flowing into Latin American Startups")
Rounds of the Week: Funding Still Flowing into Latin American Startups
Brazilian startups Ali and Cortex raised funds this week, with a Series A and a Series C
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/WX7IZ4PWSFFPJD3ILRQHVSTFPI.jpg "Colombia Heads LatAm Market Gains; S&P 500 Sinks to Near 2-Year Low")
Colombia Heads LatAm Market Gains; S&P 500 Sinks to Near 2-Year Low
The Federal Reserve’s hawkish stance has once again tumbled the NYSE, pushing the S&P 500 to levels not seen since November 2020
:quality(70):focal(1665x1175:1675x1185)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/4QIX7SENDZFBDL5UXQGO2HEBTE.jpg "US Recession Almost Inevitable, and It Will Hurt, Nobel Laureate in Economics Warns")
US Recession Almost Inevitable, and It Will Hurt, Nobel Laureate in Economics Warns
During a recent visit to Brazil, David Card spoke to Bloomberg Línea and warned of the effects of a slowdown in the labor market with salaries disengaged from inflation
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/GAXHH2GW5NG5FKN5LIEBCH6JLY.jpg "Value of Latin American Salaries Falls as Inflation Skyrockets")
Value of Latin American Salaries Falls as Inflation Skyrockets
During 2021, minimum salaries across the region fell by more than 61% against pre-pandemic levels, and the trend appears to be continuing this year
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/MZMZL4423VH73KTE7A4TVLN75Q.jpg "Risk Aversion Again Tumbles Latin American, US Markets")
Risk Aversion Again Tumbles Latin American, US Markets
Aversion to risk and fears of a recession have knocked markets across the Americas, while the US dollar hit historic highs and the S&P 500 falling to December 2020 levels