Brazil’s BNDES is set to invest $4.1 billion in infrastructure this year, representing a 66% increase from 2022. The primary funding method is buying local company debt. Deputy Director Felipe Borim Villen aims to attract private investors to infrastructure bonds. This will increase the bank’s financial reach. So far, BNDES has allocated as much infrastructure […]
Related Posts
Costa Rica Proposes Legalizing Open-Pit Gold Mining
Costa Rica’s government has rekindled its interest in open-pit gold mining. President Rodrigo Chaves’ administration has proposed a plan to legalize large-scale extraction in the country’s northern region. This move aims to displace illegal miners who have been operating in the area for the past decade. The government’s proposal involves amending the current law that […]
El Salvador Sees 35% Tourist Boost in Eight Months
Tourism Minister Morena Valdez announced a 35% hike in visitors to El Salvador this year. Over 2.1 million people visited in the first eight months. Valdez highlighted more tourists from Guatemala, Honduras, South America, and Europe. She also said international visits increased by 25% compared to 2019, before the pandemic. This meets 74% of this […]
Argentine government threatens to use police force to curb parallel dollar rally
The Argentine Ministry of Economy has indicated its intent to employ Federal Police and tax agents to address the rising trade of parallel dollars. This was stated on Tuesday by the country’s Economic Minister and presidential candidate, Sergio Massa, following a meeting with trade union representatives. The unofficial dollar, often referred to in the black […]