Cuba

Latin America set for tepid growth as Trump tariff threat looms, ECLAC says

bne IntelliNews December 19, 2024

Latin America and the Caribbean face another year of lacklustre economic performance, with growth projected at just 2.2 per cent in 2024 and 2.4 per cent in 2025, according to a report by ECLAC, which also warned of risks from potential US tariffs.

Latin America urged to boost tax take and private investment to close development gap

bne IntelliNews December 12, 2024

Latin American and Caribbean nations must radically strengthen tax collection and private sector involvement to bridge a $99bn annual sustainable financing gap, according to a new report from leading international organisations.

US-Cuba rum war spills over as Biden law stirs Havana Club row

bne IntelliNews December 11, 2024

A new US law has revived a decades-old dispute over one of the spirits industry's most contentious trademarks, with Cuba denouncing the legislation as "theft" and a fresh attack on its intellectual property rights.

IMF: Breaking Latin America’s cycle of low growth and violence

Ilan Goldfajn and Rodrigo Valdés December 11, 2024

Violent crime and insecurity cost Latin America 3.4% of GDP annually, fueling a vicious cycle of low growth, emigration and instability. Breaking this requires bold reforms, stronger institutions and regional cooperation to tackle organised crime.

COMMENT: Trump’s White House picks signal rocky start with Latin America

Ricardo Martins in Utrecht December 9, 2024

Trump's return to power sets up a confrontational start with Latin America, threatening tariffs and strict border controls. Mexico pushes back firmly against US pressure, while China quietly expands its regional influence challenging US dominance.

Argentina's Milei sacks foreign minister after unexpected Cuba embargo vote

bne IntelliNews October 31, 2024

Argentina's President Javier Milei has fired his foreign minister Diana Mondino after the country voted to end the US embargo on Cuba at the United Nations, marking one of the highest-level departures in his administration.

Russian surveillance network in Nicaragua raises alarm

Alek Buttermann October 2, 2024

Recent reports have unveiled Nicaragua as a key hub for Russian espionage operations in Latin America. The nation hosts advanced surveillance systems, including the SORM-3 technology, enabling the interception of various communications.

Dismiss