Uruguay

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.

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.

EU and Mercosur strike historic trade deal, setting stage for political battle

bne IntelliNews December 6, 2024

The European Commission and South American trade bloc Mercosur inked a groundbreaking trade agreement on December 6, creating the world's largest free trade area amid fierce opposition from France and several other EU member states.

European resistance clouds EU-Mercosur deal prospects at Montevideo summit

Marco Cacciati December 4, 2024

South American leaders are gathering in Montevideo this week amid growing optimism that a long-awaited trade agreement with the European Union could finally be sealed, even as resistance mounts among key European nations.

French President Macron leads opposition to EU-Mercosur deal as hopes for G20 breakthrough fade

Mathew Cohen November 19, 2024

French President Emmanuel Macron has reaffirmed France's opposition to the European Union-Mercosur Free Trade Agreement (FTA) during his meeting with Argentine President Javier Milei at Casa Rosada on November 17.

What would a Trump win mean for Latin America?

Marco Cacciati November 4, 2024

As the US braces for a closely fought presidential election on November 5, Latin America has particular cause for concern over a potential return of Donald Trump to the White House. We rounded up how the region could fare under a second Trump term.

LatAm faces two-speed recovery as Brazil outpaces Mexico in IMF outlook

bne intellinews October 23, 2024

Latin America and Caribbean economies are poised to grow 2.1% in 2024, exceeding July forecasts by 0.3 percentage points, the IMF's latest World Economic Outlook revealed. The revision showcases stark contrasts between the region's largest economies.

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