Venezuela facing food shortage, dire economic conditions

While Brazil and Argentina are heading towards economic recovery despite ongoing challenges, Venezuela is said to be plunging deeper into crisis. The Latin American country that owns the world’s largest oil reserves is running out of cash, analysts said. From USD 30 billion in reserves...

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Venezuela in Trump’s “axis of evil”

According to the Trump administration, the new Vice-president of Venezuela Tareck El Aissami is an international drug kingpin. The US Treasury believes that El Aissami has used his former posts namely Governor of Aragua State and Minister of the Interior to facilitate his illegal business. […]

Like Stocks, Political risk is rising in Temer’s Brazil

Presiding over Brazil after the political crisis that ousted former President Dilma Rousseff from power was likely to be uneasy. Michel Temer, who replaced Rousseff in September 2016, knows this very well now that the approval by the Senate of a 20-year unpopular austerity plan...

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Brazil’s economy requires political stability

Now that Brazilian President Dilma Rousseff was impeached for her illegal management of the federal budget and officially replaced by Michel Temer, the Olympic Games break has ended. While only 14% of the Brazilian public opinion has confidence in him, 75-year-old Temer will have to...

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Peace in Colombia is one slippery step away

Positive and perhaps historic news came almost unnoticed as the Brexit was sending political and business worlds on a pessimistic trend. “Today a new chapter opens, one that brings back peace and gives our children the possibility of not reliving history,” Colombian President Juan Manuel...

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Is Rousseff or Maduro out good news for business?

Replacing a charismatic leader after having been his deputy for years could finally be the worst choice of political career in the Americas. Both Brazilian President Dilma Rousseff who succeeded Lula da Silva and Venezuelan President Nicolas Maduro who succeeded late Hugo Chavez are at...

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