As American investment decreases, China and India quickly widen their presence in the main industries of Latin America. With American investment in Latin America in narrowing, China and India seize the opportunity to expand their economic scope in the region. The United States remains the largest foreign investor, but its participation has dropped by almost … Read more
Latin America A; The world wants them. But regional governments and their citizens are two spirits on the costs and benefits of subsequent development. The growing competition between the global powers to ensure the future of their manufacturing and technology supply chains transforms the single critical mineral basin of Latin America and elements of the … Read more
Is the dollar the right answer for the region? During his campaign, Argentinian president Javier Milei promised to close the country’s central bank and adopt the dollar as the country’s currency. Once elected, he changed his strategy. The natural dollarization approach involves restrictions on the supply of pesos, forcing Argentines to use their reserves in … Read more
Home Banking The withdrawal of the Scotia bank reports the World Bank move away from Latin America With its exit from Central America and Colombia, Scotia Bank follows the trend of international banks withdrawn in the midst of the costs and risks of compliance. The Scotia bank has officially left retail banking services in Panama, … Read more
North America behaved well in sustainable finance in 2024, but that did not feel that – not at the end of the year anyway. The volume of emission of sustainable bonds totaled $ 124 billion in North America for 2024, 1% higher than the previous year, according to Moody’s Ratings. The United States has represented … Read more
Investing.com – Bank of America reported better-than-expected results for the fourth quarter of fiscal 2024, sending its shares up about 2% in premarket trading on Thursday. The bank reported earnings per share (EPS) of 82 cents, beating the consensus estimate of 77 cents. Income, net of interest expense, came in at $25.3 billion, also beating … Read more