Latin America

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Economics Latin America

Pacific Trade Alliance committed to free market development

In February, the leaders of the Pacific Alliance met in Cartagena, Colombia to discuss tariff reductions. This economic integration project demonstrates a long term credible commitment to sustain liberalized markets

Latin America Politics

Growing protests in Venezuela threaten Maduro’s rule

Massive anti-government protests have erupted across Venezuela in what President Nicolas Maduro has called an “evolving coup.” Maduro’s comment might become a self-fulfilling prophecy if protesters and the political opposition continue

Economics Latin America

Panama Canal deadlock rattles shipping industry

The Panama Canal expansion is a project of huge dimensions, and the shipping industry tries to tailor ships to its prospective needs. The project recently came to a halt rattling

Latin America Natural resources and energy

ICJ grants Peru more ocean, maintains Chilean fishing grounds in ruling

On January 27th 2014, the International Court of Justice compromised in determining the maritime boundary between Peru and Chile, granting rights to key fishing stocks. Ruling on a case filed

Finance Latin America

Bank reforms to increase cost of doing business in Ecuador

The cost of doing business in Ecuador is already high for extractive sectors. Investments in Ecuador’s financial services sector may face added obstacles following recently proposed regulatory measures. Ecuador is

Latin America Natural resources and energy

Peru’s informal mining sector threatens economic growth

Peru faces the critical challenge of regulating the informal mining sector. Leaning on the extractive industries for private investment, the rise of an extrajudicial gold rush could jeopardize economic progress. Much

Latin America Politics

Brazil embraces immigration reform

Brazil has announced plans for a streamlined work visa application for skilled foreign workers, which should help fill its current skilled labor shortage. 2013 brought plenty of difficulties for Brazil.

Economics Latin America

Cuba’s reforms need more power to attract investment

Cuba has undergone reforms during Raul Castro’s presidency, but they continue to progress slowly and lack substance. Still, the atmosphere is right for Cuba to make some improvements to its

Latin America Security

Increased guerrilla activity in Paraguay threatens FDI

The Paraguayan People’s Army, a burgeoning terrorist organization, is attacking Paraguayan agribusiness and the country’s rural police. In an economy that depends heavily on ranching and agriculture, this particular group

Economics Latin America

What to watch for in Latin America in 2014

The relationship in Latin America between governments and business in 2014 will be defined primarily by the interaction of democracy and natural resource economics. Here is an overview of key