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(Opinion) A baffling paradox in Brazil’s energy sector warrants critical introspection. Despite being among the lowest-cost electricity producers worldwide, Brazil has saddled its consumers with notably higher tariffs than most countries. Brazil imposes on consumers an average tariff 5.5 times higher than Argentina, almost double that of Mexico and South Korea, and, striking, nearly equivalent […]
(Opinion) The unexpected outcome of Argentina’s recent primaries, indicating an unpredictable general election in October, adds fuel to the fire of the nation’s already fragile economic state. With the direction the economy will take under the next government being anyone’s guess, the primaries revealed a deeply divided electorate. Libertarian economist Javier Milei led with 30.1% […]
According to an official report, Argentina experienced an 88% increase in foreign visitors in May compared to the previous year. A total of 992,500 individuals visited the country, with almost half of them being tourists. The National Institute of Statistics and Censuses (Indec) revealed that 483,600 foreign tourists arrived in Argentina during the fifth month, […]
Mexico’s economy might grow by 2.4 percent in 2024. Yet, it faces hurdles from the finances of Petróleos Mexicanos (Pemex) and severe droughts. This comes from a Tuesday alert by the Mexican Institute of Finance Executives (IMEF). José Domingo Figueroa, the president of the IMEF, shared insights during a monthly review and praised Mexico’s vibrant […]