Revelia News
- Why would South America want a single currency?According to theFinancial Times, Argentina and Brazil are “starting preparatory work on a common currency”. Eventually, the plan is to invite other South American nations to join — whichwould create the world’s second biggest monetary union (after the Eurozone).
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- Brazil and Argentina are discussing whether to combine currenciesArgentina and Brazil are in the preliminary stages of renewing discussions on forming a common currency for financial and commercial transactions, the leaders of the two nations reveal.
Argentina and Brazil are in the preliminary stages of renewing discussions on forming a common currency...
- Brazil-Argentina summit to focus on trade, economic integrationBrazilian President Lula da Silva and Argentinian counterpart Fernandez are looking into a common currency.
Brazil’s President Luiz Inacio Lula da Silva has arrived in Argentina for a summit where the two countries will work to foster stronger trade ties.
Lula’s arrival Mond...
- Brazil's unemployment continues to fall to seven-year lowBrazil's unemployment rate continued to fall in the three months from September to November 2022, hitting a new seven-year low of 8.1 percent, official figures published on Thursday showed.
It is the sixth successive rolling quarter that unemployment figures have fallen, reaching the lowest fi...
- Rich investors pull out of Chile, leaving behind a US$50-billion holeChile, Latin America’s stand-out economy for the better part of 50 years and a darling of Wall Street, is in many ways facing an existential moment.
Its Milton Friedman-inspired constitution isstill intact, for now. But virtually everywhere you look, once sacrosanct pillars of the cou...
- What’s Behind Riots in Brazil and Peru?Brian Winter calls himself an optimist when it comes to Latin America. He’s covered the region for decades—these days, he’s editor of Americas Quarterly. But after the first few weeks of 2023, he says he’s struggling with that optimism. “I worry sometimes that I he...
- Latin America Seeks Growth Through Renewables and IntegrationExporting renewable energy could be a central driver of Latin American economic growth
Stronger regional integration could enable Latin America’s leadership in a clean energy transition
Reducing corruption and rethinking drug policies are also vital strategies in some nations
For mor...
- China’s Belt and Road Initiative Loses SteamThe Belt and Road Initiative (BRI), which China adopted in 2013 to develop land and maritime infrastructure projects in less developed countries of Asia, Africa, Latin America, the Middle East, and Central and Eastern Europe, appears to be falling short of its original objectives,Forbesreported in ...
- Bolivia Fading as Natural Gas Exporter to South AmericaBolivian gas was once the beating heart of South America’s natural gas production, with powerhouse neighbors Argentina and Brazil relying on the landlocked country’s pipeline shipments to keep the lights on. But this is seen coming to an end.
Bolivian gas was once the beating heart ...
- 3 lessons on sustainable growth from the Dominican Republic- The Dominican Republic has recorded one of the world's strongest recoveries from the COVID-19 pandemic.
- The Caribbean island nation quickly achieved high rates of daily vaccine administrations, paving the way to reopening the economy.
- The pandemic has yield...