By: Staff Writer October 4, 2024 Four people are confirmed dead in a Venezuelan barge sinking last week as the country’s state run oil company scrambles to recover from the…
Category: CENTRAL AMERICA BUSINESS AND FINANCE
IDB Invest, Bancolombia and Atlas Renewable Energy Announce Investment to Boost Colombia’s Energy Transition
September 27, 2024 IDB Invest, Bancolombia, and Atlas Renewable Energy, a global leader in clean energy generation, have strengthened their commitment to mitigating climate change by finalizing a long-term financial…
ECOPETROL ANNOUNCES NAME CHANGE FOR OFFSHORE PROJECTS
September 24, 2024 Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that, in compliance with the ruling issued by the Fourth Labor Court of the Santa Marta Circuit, the names “Uchuva”…
El Salvador’s bitcoin dream is now a nightmare
By: Staff Writer September 20, 2024 El Salvador only made $235 from Bitcoin between January to July of this year according to the country’s Bitcoin Fund Management Agency (AAB), the…
IMF statement on Honduras
September 13, 2024 An International Monetary Fund (IMF) mission led by Mr. Ricardo Llaudes issued a statement following in person and virtual discussions with the Honduran authorities on policies to…
CDB Catalyses Change in Belize: The Fahina Project Elevates Mayan Heritage Through Economic Empowerment and Tradition
September 6, 2024 Sustainable development is a cornerstone of Caribbean advancement, cementing economic stability and safeguarding cultural preservation. The Caribbean Development Bank (CDB, the Bank) is a key player in this arena,…
Trinidad and Venezuela shared gas fields set for exploration
By: Staff Writer September 3, 2024 Seismic work at offshore gas fields shared by Venezuela and Trinidad and Tobago is expected to start in the coming days, the Caribbean country’s…
Panama Canal authorizes 50 ft draft size due to lake Gatun rise
By: Staff Writer August 23, 2024 The Panama Canal Authority announced authorized draft starting immediately will be 50 feet as Gatun lake is projected to rise. An additional transit slot…
IMF Staff Statement on El Salvador
August 9, 2024 An International Monetary Fund (IMF) mission led by Mr. Raphael Espinoza issued a statement following in person and virtual discussions over the past months with the Salvadoran…
IMF Executive Board Concludes 2024 Article IV Consultation with Guatemala
August 6, 2024 The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Guatemala and endorsed the staff appraisal without a meeting on a lapse-of-time…
Venezuela Businesses Increasingly Need Dollars. Loansharks Are Taking Advantage.
By: Insight Crime July 16, 2024 In February 2024, two young men started hanging out in a store in the central Venezuelan state of Lara. The shop owner, Alejandra*, sold…
Unifeeder Group arrives in Panama to continue expansion in Latin America
July 9, 2024 Unifeeder Group, one of the main multi-regional container and feeder operating companies, settled in Panama to continue its expansion in Latin America (LATAM) from here, promoting trade…