Former Citgo Executive Sues Over Imprisonment in Venezuela
A former executive at Citgo Petroleum Corp who was imprisoned in Venezuela for nearly five years is demanding $100 million…
LATAM Airlines Reports $2.5bn Profit for Q4
LATAM Airlines has reported a net profit of $2.538 billion for the fourth quarter, with the figures reflecting all financial…
Walmart Plans to Invest Almost $1.5bn in Mexico and Central America
Walmart’s unit in Mexico and Central America, known as Walmex, has announced that it intends to increase spending in the region by…
SQM Profit Trebles on Rising Lithium Demand
SQM has reported a net profit for the fourth quarter that is more than three times that of the same…
IMF Says El Salvador Bitcoin Risks “Have Not Materialized”
Risks associated with El Salvador’s adoption of bitcoin “have not materialized,” the International Monetary Fund (IMF) said, but the organization…
Colombian President Announces $100m Nestle Investment
Colombian president Gustavo Petro has announced a $100 million investment by Nestle over the next three years in its Colombian operations, as…
Argentina and China Agree Expanded Currency Exchange Deal
The Argentine central bank has announced the expansion of a currency exchange deal with China, allowing Argentina to replenish its depleted foreign…
Brazilian Economy Ministry Predicts 1.4% – 2.9% GDP Growth in 2023
A report from Brazil’s economy ministry predicts a GDP growth range for the country in 2023 between 1.4% to 2.9%,…
New Argentinian Economy Minister Set to Meet With IMF Chief
Argentina’s new economy minister Silvina Batakis is set to meet with the head of the International Monetary Fund in Washington…
Golden International Mining Group Chairman Plays Down Price Drops
Golden International Mining Group chairman Rafael Hernandez Ortega says he has no worries about the recent fall in metal prices,…