Revelia News
- 5 Latin American countries pledge to protect their fishing industryMarine resources in the eastern Pacific and southwest Atlantic, as well as the fishing industry in Latin American nations bordering either ocean, continue to be threatened by illegal and excessive fishing, which is primarily done by Chinese fleets. Year-round, Chinese fishing boats can be...
- Growth Slowdown Eroding Latin America Living StandardsLiving standards for many Latin Americans will fall this year due to slowing growth, high inflation and global uncertainty, the International Monetary Fund (IMF) warns Wednesday.
“2023 is likely to be a challenging year for the region,” which will grow 1.8% (down from 1.7% forecast in...
- South America mulling its own ‘euro’ Two of South America’s biggest economies, Argentina and Brazil, are in talks to launch common currency
Argentina’s President Alberto Fernández and Brazil’s President Luiz Inácio Lula da Silva recently announced the launch of a common currency to be circulated and...
- The world needs lithium more than ever, and Latin America knows itLatin American countries rich in the mineral are not giving it up so easily
German chancellor Olaf Scholz flew to Latin America this week looking for one thing: lithium.
Meeting with the leaders of Argentina, Chile, and Brazil — home to the so-calledlithium triangle— the leader of E...
- Argentina unveils new 2,000-peso banknote as inflation bitesA new 2,000-peso banknote will be issued in Argentina in response to soaring inflation, the country's central bank (BCRA) has confirmed.
The new note - which will be worth $11 (£9) officially - comes after consumer prices jumped by nearly 95% in the 12 months to the end of December.
It ...
- Latin America Makes Little Progress Against CorruptionCountries in Latin America and the Caribbean are stagnating in their struggle with corruption, with most unable or unwilling to challenge robust criminal networks that profit from longstanding graft, a major new report has shown.
Transparency International'sCorruption Perceptions Index2022 (CPI)...
- Brazil authorities probe Amazon ties to capital attacksSAO PAULO — On the edge of Brazil’s Amazon rainforest, the Rovaris family is a symbol of a pioneering success story.
The family arrived in the state of Mato Grosso in the 1970s as part of a wave of agricultural expansion promoted by the country’s then-military dictatorship. ...
- Three Fintech Brands That Are Revolutionising The 2023 Financial Market In BrazilFintech has exploded onto the 2023 financial market in Brazil, and Nubank, Neon, andLanistarare the frontrunners to make a lasting change for millions of users.
All of these companies have one thing in common, the usage of Pix. Pix is the future of online banking which was launched in 2020.
As...
- Stellantis focused on ethanol hybrid vehicles in South AmericaStellantis expects to have in place by the end of this year the technologies needed for it to develop ethanol hybrid vehicles in Brazil, the head of the carmaker in South America said on Tuesday.
The initiative comes amid a broader push for sustainability in the region, with Brazilian President...
- Brazil to replace India as a manufacturing hub? China is pushing for itChina has been increasing its trade with Latin American countries. Even individual Chinese provinces do more trade with the region than India.
Beijing has been elated at the election of Brazil’s new president Luiz Inacio Lula da Silva, with Chinese state media op-edlaudinghis victory. But...