The week of October 21-24, 2024, brings key economic data releases across Latin America. Brazil and Mexico will report inflation figures, while Argentina and Colombia focus on economic activity and trade balance, respectively. Brazil’s Inflation Outlook Brazil’s mid-October consumer price index will be released on October 24. Economists expect a monthly increase of 0.50% and […]
Related Posts
Ecuador Experiences Worst Violence Since 1990
Ecuador experiences its worst violence since 1990, culminating in the deaths of ten individuals, including two police officers. This surge in violence stemmed from growing organized crime and drug trafficking. In Nobol, Guayas province, criminals brutally murdered two police officers, sparking a nationwide manhunt. Guayaquil, notorious for high crime rates, witnessed riots and chaos. Criminals […]
Food Prices Rise Faster Than General Inflation
The World Bank reports high global food price inflation, with Venezuela, Lebanon, Argentina, Turkey, and Zimbabwe particularly affected. The latest data shows rising trends: In low-income economies, 52.6% see over 5% increase, compared to 63.2% before. For lower-middle-income countries, it’s 86%, up from 79.5%. In upper-middle-income countries, the figure is 64%, down from 67%. High-income […]
Brazil’s Missed Chances in Carbon Trading
Brazil trails in the carbon credit market despite its vast natural resources, as highlighted by a recent WayCarbon study. Among forest-rich nations like Indonesia and Congo, Brazil secures fewer investments. Over a decade, Latin America saw $7.5 billion in carbon projects. Brazil could claim more. The country can issue 860 million tons of carbon credits […]