“Perú,despeguemos nuevamente” (“Peru, let’s take off again”) pleads the slogan in big letters across the front of Lima’s airport terminal. In the Plaza de la Independencia in Quito, Ecuador’s capital, a small group of blond tourists stands out like an exotic species in a sea of dark-haired street vendors. From the beaches of the Caribbean to the lakes of Patagonia, the question being asked “Do you think they’ll come?”...
Online retailer MercadoLibre is expanding its involvement in cryptocurrencies by enabling customers from Brazil to buy, sell and hold digital currencies through its digital payments app. MercadoLibre, which also ranks as the largest Latin American company by market capitalization, rolled out the services to a section of clients in early November, Bloomberg reports....
Many investors are unaware of the strong returns on offer when you invest in Paraguay — one of Latin America’s most stable markets with a recent history of consistent growth. That includes an almost five-fold increase in the gross domestic product (GDP) between 2002 and 2020 — even despite a recent minor decline exacerbated by the COVID-19 pandemic.....
A report on the value of placing New Zealand in the middle of passenger and freight routes between Asia, the Pacific and South America out today says the opportunity would be worth at least $1.87 billion within a decade, once Covid is under control....
Levels of English in Latin America improved during the pandemic, with more than 70% of countries from the region seeing proficiency grow during 2020, according to a new study. The news will be of particular interest to investors and companies looking to enter the region, with higher levels of English in Latin America making it a more enticing destination for doing business....
Mexican billionaire Ricardo Salinas Pliego commented on the U.S. economy and bitcoin Wednesday. He is the founder and chairman of Grupo Salinas, a group of companies with interests in telecommunications, media, financial services, and retail stores. According to Forbes’ list of billionaires, his net worth is currently $14.2 billion.....
Argentina’s tech sector is a bright spot that’s adding jobs even as many companies shut down in a hostile environment of anti-business policies, high inflation and lack of access to international credit markets....
Underlining the capital’s burgeoning reputation as a destination for travellers working remotely, the Buenos Aires City government has announced it will host the continent’s first-ever conference for digital nomads next week. The two-day hybrid in-person and online event, which takes place at the Usina del Arte in La Boca, is a move to reactivate the capital’s visitor economy and boost international tourism, especially among young professionals....
Peruvian Prime Minister Mirtha Vasquez has sparked a controversy with the key mining sector by saying a group of four mines in the Andean Ayacucho region would not be allowed any extensions on their operational timelines....
Argentine Vice-President Cristina Fernández de Kirchner and her two children, Florencia and Máximo, have been cleared in the 'Hotesur-Los Sauces' case investigating alleged money-laundering...
More and more startups in Mexico and Latin America join the list of soonicorns. The term refers to companies that are about to become unicorns (those with high potential and innovative vision that achieved a valuation of $ 1 billion) and meet a couple of main characteristics:...
People in Iquitos, Peru, refer to their city as "una isla," an island, even though it's not an island. Iquitos is a port city of roughly 400,000 people on the Amazon River in northeastern Peru. Residents proudly note that it's the largest city in the world that's unreachable by road. You can only get there by boat or by plane.....
Government introduces new Covid rules, including the implementation of a health pass to attend activities in closed spaces, amid growing concerns over a new coronavirus variant identified in South Africa...
Chile joined on Monday the list of countries imposing travel restrictions from southern Africa as a result of the increasing uncertainty caused by the omicron COVID-19 variant.....
A roughly 12-by-9-inch painting by Frida Kahlo sold for $31 million in Sotheby’s New York salesroom ($34,883,000 with fees). Titled “Diego y yo” (“Diego and I”) (1949), the well-known work depicts a tearful Kahlo, with the face of her lifelong partner, muralist Diego Rivera, rendered on her forehead in a stirring allegory of their tumultuous romance. It is the last fully-realized “bust” self-portrait Kahlo painted before her death in 1954. Sotheby’s has revealed the buyer to be Eduardo F. Constantini, founder of the Museum of Latin American Art of Buenos Aires......
The iconic statue of Christ the Redeemer that towers over Rio de Janeiro celebrated its 90th birthday on Tuesday, with a Mass, a new song and a Brazilian brandy label dedicated to it.....
From Uruguay to Mexico, Argentina to Ecuador, women writers in Latin America are enjoying growing acclaim after years of marginalisation by an industry they say has long favoured male authors.....
