Alberto Fujimori, former president of Peru, has died at the age of 86. He governed the country with a mix of economic reforms and authoritarianism between 1990 and 2000. Convicted of crimes against humanity, his legacy remains controversial: for…
Still critical climate in the South American country: Maduro insists on considering himself the winner of the elections, but does not provide proof. Washington offers him amnesty for drug trafficking charges in exchange for his renouncement. Macron: avoid a Guaidò-bis
The Chancay maritime infrastructure, financed by the Dragon for 3,6 billion dollars, will be inaugurated in November by President Xi Jinping himself. It will shorten trade times with all of South America, opening a new axis that worries Washington. Beijing invests…
More unrest in Caracas and throughout the country, where deaths and hundreds of arrests have been recorded, including that of an opposition leader. Maduro denounces an attempted coup against him. Peru considers the challenger Gonzalez the winner. They monitor…
Nicolas Maduro was reconfirmed president of Venezuela with 51,2% of the votes, but the elections were accompanied by accusations of irregularities and opposition protests. Tajani: "Perplexities about the regular conduct of the vote"
The indices of the main Latin American economies close a first half of the year in chiaroscuro: Milei promoted, the new Mexican president Claudia Sheinbaum rejected, Lula sent back
Yesterday afternoon the Armed Forces occupied the streets of the capital La Paz, raiding the presidential palace. In the evening the soldiers then withdrew but tension remains high. Concern in Latin America, the USA is keeping watch.…
Exactly ten years ago the football World Cup was held in the South American country, which as often happens with major events came out in pieces: works never built, money lost forever and huge debts also for...
In the South American country the coastline is an asset protected by the Constitution and the reform proposal of one of the sons of former president Bolsonaro, presented in 2022 and already approved in the Chamber, is causing discussion. Controversy over a huge real estate project…
In recent months the various tensions in Latin America are causing diplomatic crises between countries. The role and disputes within Celac where Latin American socialism is opposed by right-wing extremism. Here are all the episodes that led to…
Analysts had predicted a possible shock on the food raw materials market, at least immediately, but it didn't happen. Even oil remained stable after Iran's attack on Israel
The former English colony, bordering Venezuela which claims sovereignty over part of its territory, has been experiencing an economic miracle since 2019 thanks to offshore oil extraction and mining activities: 2022 GDP +63% and now comes Silica City
The recipe for reducing the deficit and healing the economy cannot ignore the reform of foreign trade policy to adapt to international standards
In Latin America there is a record number of "yellow fever" infections, which can be lethal: in Brazil the cases have already exceeded those of the whole of 2023, an emergency also in Argentina, Peru, Guatemala. Complications in Italy are currently ruled out. The vaccine…
After the car market chose Brazil as the epicenter of the production of hybrid and electric vehicles, Pirelli has already invested 2024 million euros in two operations in 70 alone: modernizing the Campinas hub (São Paulo) and…
Amazon, Disney and Starbucks have come under the scrutiny of the Brazilian Federal Police in the investigation into the illegal extraction of minerals, tin in particular, in protected areas of the planet's lungs. For now only the denial comes from Starbucks
The announcement by the Italian-French group, which will invest 5,6 billion in Brazil until 2030, is only the latest in a series that sees the total of all houses reach 24 billion euros in the period 2021-2032. To encourage the choice…
Mexico has overtaken China as the United States' largest trading partner, while the EU has finalized the agreement with Chile on trade and investment liberalization
Turbulent start to the year on the markets of the first two economies in the area: the Merval index of Buenos Aires loses 23% after the rejection of the omnibus law, while Sao Paulo rises timidly but Vale becomes a political case
The farmers' protest in Europe has led the EU Commission to take a step back, albeit temporarily, on agri-environmental policies. The agreement with South America, however, provides for the strict observance of rules against deforestation, which our producers are not entitled to...
In the last two decades, Latin America, in particular Brazil but also Argentina, has reduced its dependence on the USA and has become a protagonist in the agricultural raw materials market, benefiting from Chinese demand especially for soybeans and meat. AND…
Sensational developments in the Federal Police investigation into the assault on the institutions of Brasilia on 8 January 2023: it would have been the former president himself who organized the plot, together with the army leaders. He risks up to 12 years
Crossed destinies for the price lists of the two main economies in the area: Sao Paulo's Bovespa starts 2024 in the red, while Buenos Aires has been flying since Milei was elected, but it's not a good sign
The Italian-French group is already a sales champion in the Latin American continent, where it has a 32% share thanks above all to Fiat. Now with the acquisition of the Brazilian Comercial Automotiva it wants to become a "mobility tech company"
Prosecutor Cesar Suarez, in charge of the investigation into the armed assault on an Ecuadorian television station, was assassinated in Guayaquil, the heart of the fight against drug trafficking
The country is on the brink of civil war, at least ten people have been killed. A state of emergency was proclaimed and a decree was signed to neutralize gangs and cartels. Attack on public television during a live broadcast. Here's what's happening
In Brazil in 2023, airline tickets have increased by 50%, which is pushing more and more people to travel by road, in the absence of the train alternative. The German group senses the deal and is in step with green parameters
Assíria Seixas Lemos, Rei's second wife (from 1994 to 2008) and the two twins Joshua and Celeste founded JanBank, a bank for cryptocurrency payments. The American BitGo is involved but denies it. 10% of profits will go to…
The new President Milei immediately started a drastic cure for the Argentine economy but his interventions are not the populist ones threatened in the election campaign but the orthodox ones appreciated by the International Monetary Fund whose support is fundamental to get out of…
The Chavista dictator intends to annex Essequibo, a territory that represents 2/3 of the surface area of the neighboring country, in whose sea Exxon has discovered oil reserves of over 11 billion barrels. The South American press: risk of war, as at…
The new Argentine president questions the South American commercial alliance while the Brazilian, rotating president of Mercosur, takes his time and flies to Berlin from Scholz on Sunday. For many South American economists, the text proposed by Von der Leyen is a…
In the South American country the coffee chain has applied for receivership. The fund that controls it, SouthRock Capital, has also been managing Eataly's activities in Sao Paulo for a year
Sunday 19 November the run-off between the outgoing Economy Minister, a Peronist and advised by the Brazilian president's team of communicators, and the super-liberal Milei, who despite his extravagant recipes is slightly ahead in the polls
The Italian electricity company is the largest operator of sustainable mobility services in Latin America and is now landing on a market with enormous potential such as the Brazilian one, where it is already present in energy distribution and…
Countdown to one of the most important elections in the history of South America: on 22 October Argentina votes to elect the new president and the favorite is the sovereignist hawk Javier Milei. According to some, his profile doesn't displease…
In the small Asian state, a major importer of eggs, the Minister of Agriculture had to resign a few months before the January 2024 elections: the fault lies with some batches coming from South America, and a ferocious opposition campaign
After the referendum which decreed the suspension of crude oil extraction in the Amazon basin and mining activities near the capital Quito, the South American country faces the second round of the presidential elections (15 October) in a climate of maximum tension
The hegemony of the United States on some agri-food commodity markets is threatened by climate change and global competition, in particular that of the South American country which is already the undisputed king of soybeans and has a privileged relationship with China
According to the British weekly, Lula's third term is as promising as the first two: analysts appreciate Minister Haddad's reforms, investors rejoice over the long-awaited rate cut, and even Fitch has raised its rating…
Increasingly desperate situation in the South American country, less than 3 months before the elections: the acrobatics of Economy Minister (and candidate for president) Sergio Massa for now only convince the IMF, willing to grant new loans
Gallium is increasingly coveted on the technological market for batteries and semiconductors, but China - which is practically the only world producer to date - will limit exports from August, putting Western companies in difficulty. This is why Brussels invests…
Brazil is about to approve a tax reform that safeguards the purchasing power of the most disadvantaged groups through the refund of part of the taxes, along the lines of what has been done by Colombia, Argentina, Bolivia, Uruguay and Ecuador. But if it's not…
The recent visit to Caracas by Iranian President Raisi relaunches cooperation between the two countries in an anti-US key. Meanwhile, poverty is growing in the country and the dictatorship is rampant
On the financial markets, the main markets continued to proceed in random order also in the month of May, which was marked by the controversial meeting of all national leaders, invited to Brasilia by President Lula, by galloping Argentine inflation and…
The election of the Constituent Assembly, which will submit a new Charter to citizens in the referendum next December, saw the clear victory of the far right. Now the government will have to come to terms with the moderate right: abortion, human rights are at stake…
Above all, Argentina would take advantage of it, which would dribble the dollar but doubts are growing among economists - Made in Italy instead hopes for a trade agreement between Brazil and the EU
The operator of the national electricity grid completed the second closing for the sale of the Group's electricity transmission business in South America. The closing of the other projects in Brazil and Peru will be carried out in stages
With Lula's victory in Brazil, the continent returns to progressive traction: only Ecuador, Paraguay and Uruguay still have right-wing governments. But watch out for traps for Lula and the crisis in Argentina
The Italian electricity group says goodbye to Brazil, Peru and Uruguay to refocus its international presence "in markets with interesting growth potential and low risk"
The operation on the Chilean subsidiary has a total amount of 1,2 billion euros and is part of the reorganization operation to integrate the non-conventional renewable activities of the Italian group in South America.
If the negative impact of the pandemic on exports is felt above all in the Asean (-47,8%) and Opec (-44,9%) markets, in Latin America the shortage of supplies and medical aids, as well as the non-distribution of aid , will be triggers for further protests…
The group has increased its stake in the capital of the Chilean subsidiary Enel Américas from 57,2 to 62,3%, but the Chilean subsidiaries accelerate the closure of the Bocamina coal plant - In Italy, Group 2 of the…
The government of the South American country, shocked by a street protest that caused 23 deaths in two months, ran for cover: a 5,5 billion dollar growth plan and a constitutional referendum in April.
The ex-president's party, also beloved in Europe, lost a narrow margin in the last general elections: the center-right is in government, which however will not touch civil rights.
In Buenos Aires, all forecasts point to the defeat of outgoing President Macri and the victory of the Peronist couple Fernandez-Kirchner for Sunday: what will the new government do?
Days of great tension in Latin America: clashes in Ecuador and Chile, allegations of fraud in the re-election of Evo Morales in Bolivia, corruption alarm in Peru, where Parliament was dissolved - Argentina is on the verge of default and Sunday…
The board of directors of the Chilean company, 51,8% controlled by Enel, has convened an extraordinary shareholders' meeting for April 30 to approve a capital increase to be subscribed entirely in cash. Starace pushes on sustainability: "Investing in sustainable activities reduces…
The operation is called "Mato Grosso" and involves the construction of 16 km of power line to connect the Huallin hydroelectric plant to the national grid, thus supplying disadvantaged Andean populations.
INTERVIEW WITH GIULIO SAPELLI, economic historian and great expert on Latin America: "The only one who can solve the crisis in Caracas is Pope Francis. The problem is not so much Maduro as the military caste" - "Now the important thing for Venezuela is…
Sunday, October 28, 142 million Brazilians return to the polls for the decisive ballot, which sees the candidate of the ultra-right Jair Bolsonaro challenge the socialist Fernando Haddad, Lula's henchman and former mayor of São Paulo - The polls show…
In the first round of the Brazilian elections, the candidate of the extreme right triumphed, with a result better than expected - But in the October 28 run-off, the progressive Haddad can still hope to reverse the populist wave - If Brazil went…
INTERVIEW with GIULIO SAPELLI, economist and great expert on Latin America: "The leader of the extreme right is not a new face and the markets don't mind at all: he is ahead in the polls but in the second round Lula's dolphin will win"…
Atradius shows us how the estimated GDP dynamics for the two-year period 2018-19 in Chile (+3,1%) and Colombia (+2,5%) are the consequence of prudent and sound policies: the process of economic diversification continues in Chile, while in Colombia the simplification…
Company Bid for Civilian Component of Approximately $600 Million Project - Shields Title
INTERVIEW with GIULIO SAPELLI, Professor of Economic History at the University of Milan and great expert on Latin America: "Argentina chooses Macri, as we also saw in the mid-term elections, because, despite the difficulties, Kirchner's Peronism is definitely…
INTERVIEW OF THE WEEKEND with GIULIO SAPELLI, professor of Economic History at the University of Milan and great expert on Latin America - "Venezuela has taken the worst of the Cuban model and has resulted in dictatorship following the disintegration of…
THE COFACE STUDY (the French SACE) - The evolution of the political situation in the United States generates uncertainties about the trade policies that could be implemented and about the vulnerability of Latin America in the face of a tightening of financial conditions: here are the possible…
Ti Sparkle invests 300 million dollars to build a new submarine network system that connects Sao Paulo to New York, an aorta with annual growth rates of more than 35%.
The South American mission promoted by the Presidency of the Council and the Ministry of Economic Development is underway. Also present was the CEO of Sace Alessandro Castellano. The countries covered by the mission, Chile, Peru, Cuba and Colombia, offer great potential for exporting companies…
Intesa Sanpaolo emphasizes the structural shortcomings and inefficiencies underlying the recent dynamics in Brazil, Argentina, Colombia and Venezuela. With the excessive dependence on hydrocarbons compromising future developments.
The Chilean economy appears to have slowed down. After a good 2013 and a mediocre 2014, the first data for 2015 are encouraging. The country, a stable stronghold of reliability in Latin America, boasts excellent ratings from all agencies. The positive factors: low monetary rates, boost…
As reported by the MiSE, one of the fundamental objectives of the South American country is the strengthening of energy production, where great importance continues to be played by initiatives in the oil, hydroelectric and bioenergy sectors - Projects also presented with regard to…
The Nasdaq 2014 shines once again in the 100 stock market performance rankings, the American high-tech stock market which has gained 18,1% since the beginning of the year, outclassing all European stock exchanges, with the exception of the Turkish one which is on the rise of the…
The news that Tim Brasil has taken credit for the 4G auction, unlike the Brazilian operator Oi, has revived speculation about upcoming M&A operations.
Former Uruguayan center-right president Julio Maria Sanguinetti wrote a comparative analysis of the pre-election situation in Argentina, Uruguay and Brazil in the pages of El Pais. In all three, says Sanguinetti, one breathes vientos de Cambio, an air of change…
A proposal will come from Enel Energy Europe for the purchase of the 60,62% stake held by Endesa in the Chilean Enersis - Ubs believes that the project will go through and will be only the first step in a broader plan,…
Despite the heavy costs deriving from the investment in Alitalia, Atlantia (the holding company of the Benetton group for infrastructures) closed the first 6 months of 2014 with margins and profits growing thanks to the contribution of motorway traffic, South American activities and…
Less in vogue than the so-called BRICS, but not for this without potential. After the extensive reform program launched in the 80s (privatization, liberalization and opening up to international trade), Chile seems to be the most hospitable country in Latin America for…
In view of the half-yearly at the end of the month, the new CEO of the electricity group is preparing the "kick" to the group's strategy. Debt reduction and acceleration on disposals confirmed. Slimming cure in Eastern Europe. Possible rearrangement with Latam activities…
The company has developed specific lines of pasta for countries considered strategic for the company's future development, such as Brazil, Russia and China - Guido Barilla: "We are also open to product and process joint ventures, not just acquisitions".
The US tapering causes a strong outflow of capital and the collapse of the currencies of emerging countries that were already experiencing a deterioration in their growth - The dream of infinite growth goes on file and the Brics too will have to…
Enel's Chilean subsidiary, Enersis, has launched a takeover bid for about 42% of the Brazilian Coelce of which it already owns 58% - The potential expenditure is about 474 million euros (645 million dollars) - Enersis is…
Ansaldo Breda is targeting North and South America, looking at tenders for the subway in Chicago (USA), Lima (Peru) and Fortaleza (Brazil). However, for all of them we are still in the pre-qualification phase, i.e. verification of the credentials of the…
The Agency for the promotion abroad and the internationalization of Italian companies will take part in "Prèmiere Brasil", the most important event for the promotion of clothing fabrics on the South American market.
The news was released yesterday evening: Chavez died in Caracas of a tumor that had tormented him for years - Early presidential elections will be held in Venezuela within the next 30 days - In the meantime, the vice president will assume…
The flows of consumer goods between EU countries and CELAC markets recorded a significant positive balance in the first nine months of 2012, thus reversing the 2003-2011 trend. Brazil, Mexico, Argentina and Chile are the most profitable markets.
An increase in the overall GDP for the region of 3,1% in 2012 and 3,8% in 2013 is estimated - All expectations are focused on Mexico, the candidate to become the economic power of the region - Peru, Chile and…
The triumph of the Brazilian team, winner of the Club World Cup against Rafa Benitez's Chelsea, interrupted five years of European domination in the competition between the champions of the various continents - The man of the moment is Paolo Guerrero, decisive with…
MPS ANALYSIS - Italian wine production is twice as much as domestic consumption. The gap derives from the strong propensity to export, which benefits from the high quality of the products and the dynamism of the markets of Eastern Europe but also of Asia and South America.
THE NEW BOOK OF SAPELLI is a journey into the memory and into the reality of a world that is growing, albeit with a thousand contradictions, and which has now become a great protagonist of history - Culture, economy, politics, society in the reflections…
His adversary Henrique Capriles has already admitted defeat, albeit an honorable one (in 2006 the opposition took a 26 percentage point lead): Hugo Chavez is elected president of Venezuela for the fourth consecutive time - health conditions permitting, he will govern until 2019.
The UN agency for Latin America and the Caribbean (Cepal) has revised downwards its growth projections for 2012 to 3,2% against 3,7% estimated in August - Private consumption was the main driver of the development of…
The company has also chosen to cancel the position of CEO in Latin America, creating the Chief Operating Officer, who will be Gianfranco Sgrò, arriving from Ceva Logistics.
INTERVIEW WITH GIULIO SAPELLI - "What is spreading in Europe is not true populism but anti-capitalist neo-nineteenthism with respect to the expropriation of Parliaments" - "Grillo remembers D'Annunzio" - But both politics and culture must be profoundly renewed - The …
The holding's shares lead the rises of the Ftse Mib after yesterday the group took over the shares held in Autostrade Sud America Srl (Asa) by Sias (45,765%) and Mediobanca (8,47%), thus reaching 100 % of the…
The economic commission for Latin America expects slightly lower growth than in 2011 - The global slowdown on the one hand and strong domestic demand on the other will lead to a decrease in the trade surplus - ECLAC does not rule out a…
For the first time, South America's earnings exceed those of Europe - Operating profit before write-downs and amortizations decreased by 8,8% - The group writes down Telco by 337 million - Great decline in Spain, which suffers from…
The CEO Conti: "We will achieve all the objectives already indicated for 2012" - "The drop in demand which mainly affected Italy and Spain, partly offset by the growth of the markets in Latin America, Russia and Eastern Europe".
The Bolivian president accused the company of investing too little in the country and on May 2000 he expropriated the subsidiary of the Spanish company - The XNUMXs mark a decade of nationalization in the South American continent: it is the path towards a…
Italians are in third place for the number of tourists who visit the economic capital of South America - The main reason is business travel, but as many as one in four tourists choose San Paolo for a pleasure trip -…
