In 2022, coca farming in Colombia grew by nearly 13%. A new record of 230,000 hectares was set, says a UN report. Before, in 2021, 204,000 hectares were under cultivation. That was a 43% rise from 2020. Even if the growth rate slowed, it’s still the highest since the UN began tracking in 2001. Cocaine […]
Related Posts
Brazil’s Agribusiness GDP Drops in 2023
In 2023, Brazil’s agribusiness sector experienced a 2.99% decrease in its Gross Domestic Product (GDP) compared to the previous year. The Brazilian Confederation of Agriculture and Livestock (CNA) and the Center for Advanced Studies in Applied Economics (Cepea) reported it. This downturn reduced agribusiness’s contribution to the national GDP from 25.2% in 2022 to 23.8%. […]
Peru is the first Latin American country to regulate the use of artificial intelligence by law
The use and development of artificial intelligence (AI) has been growing at an unprecedented pace, with AI pioneer Geoffrey Hinton acknowledging the field’s rapid advancement. Amid this global trend, Peru became the first country in Latin America and the Caribbean to enact legislation concerning AI, Law No. 31814, which promotes AI usage in the context […]
Petroperú’s Dire Need for Reform
Petroperú, Peru’s national oil company, is facing bankruptcy, as stated by the newly appointed Minister of Energy and Mining, Rómulo Mucho. During a recent interview, he made it clear that the company’s financial recovery hinges on substantial management reforms. Mucho dismissed the idea of selling Petroperú, emphasizing the significant investments and assets, including 60 properties, […]