(Analysis) Argentina’s oil industry is experiencing a remarkable resurgence, driven by the Vaca Muerta shale formation. This vast reserve has propelled the country’s oil production to levels not seen in over a decade. In August 2024, Argentina produced 725,000 barrels of oil per day, marking a significant milestone. The growth in production has led to […]
Related Posts
Mexico’s Fiscal Consolidation: IMF Predicts Deficit Reduction by 2025
The International Monetary Fund (IMF) forecasts that Mexico will achieve a reduction in its public deficit to 3.5% of its Gross Domestic Product (GDP) by 2025. This marks a significant decrease from the 5.9% of GDP expected at the end of this year. Experts from the IMF highlight that the incoming government’s fiscal consolidation strategy […]
Colombian exports down 13.6% in first six months 2023; fuels and extractive industries lead decline
In June 2023, Colombian exports amounted to US$3.986 billion, marking a 27.5% decline compared to June 2022, according to data from Dane and Dian. This decline was primarily due to a 38.9% drop in external sales from fuels and products of extractive industries. These exports accounted for 50.3% of the total value, followed by manufactures […]
FAA’s Boeing Halt Shifts Aviation Market Dynamics
The U.S. Federal Aviation Administration (FAA) has halted Boeing’s plan to increase production of its 737 Max jets. This move marks a significant challenge for Boeing, as it aims to grow in a market with rising demand and stiff competition, particularly from Airbus SE. Concurrently, the FAA has greenlit new inspection protocols, allowing the resumption […]