In recent years, the renewable energy market has experienced remarkable growth worldwide, driven by the urgent need to combat climate change and transition to a more sustainable energy future. Among the pioneers and leading investors in this sector in Brazil is Casa dos Ventos, a company that has been at the forefront of identifying key…
The colonized period in Latin America witnessed the rise of a remarkable group of authors whose literary contributions continue to inspire and captivate readers even today. These gifted writers fearlessly explored the complexities of identity, resistance against colonial powers, cultural heritage, and the socio-political realities of their time. Through their works, they shed light on…
The Ministry of Economy of El Salvador (MINEC) recently expressed its support for an initiative aimed at reducing carbon dioxide emissions. Quantum Motors, a pioneering Bolivian company in the manufacturing and commercialization of electric vehicles, announced that it is working on the launch of TRICOO, a startup that leverages the momentum of electromobility to provide…
The period from March to May 2023 witnessed a rise in Chile’s national unemployment rate, reaching 8.5%. This increase marked the seventh consecutive annual rise after a prolonged period of steady decline. Analyzing these economic indicators from a broader perspective can shed light on the underlying factors and potential policy solutions to stimulate economic growth…
The recent decision of the Board of Directors of the Banco de la República (Colombia’s Central Bank) to maintain the monetary policy rate unchanged at 13.25% requires careful analysis from an economic perspective that emphasizes individual freedom, free markets, and limited government intervention. This article will examine the elements considered by the Board in reaching…
In the southernmost reaches of Latin America, the Kawésqar language, also known as Alacaluf, emerges as a linguistic gem that holds immense cultural and historical significance. Spoken by the indigenous Kawésqar people, this language has deep roots in the unique landscapes of Chile and Argentina’s southern regions. This essay aims to explore the importance of…
The Ecuadorian economy has experienced a year-on-year growth of 0.7% in the first quarter of 2023, compared to the same period last year. This growth has been driven by positive variations in household consumption (1.6%), government expenditure (0.5%), and exports (0.4%). However, fixed capital formation contracted by 5.2%, and imports decreased by 1.3%. In terms…
Recently, the Banco Central de la República Argentina (BCRA) issued a regulation that prohibits payment service providers (PSPs) from conducting or facilitating transactions involving unregulated digital assets, including cryptocurrencies. According to the new rule, PSPs are not allowed to initiate or facilitate such operations through their own platforms or applications. The measure aims to mitigate…
July 12, 2023. In a display of international cooperation and a commitment to sustainable development, the Ministry of Economy, Planning, and Development (MEPyD) of the Dominican Republic, through its Vice Ministry of International Cooperation, recently launched the Triangular Cacao Project. This initiative, funded by the German Agency for International Cooperation (GIZ), aims to enhance the…
The COVID-19 pandemic has had far-reaching consequences across Latin America, and El Salvador is no exception. In this context, various co-governance arrangements have played a significant role in shaping the outcomes of COVID-19 support programs for micro, small, and medium-sized enterprises (MSMEs). From a liberal perspective, it is crucial to analyze these arrangements and understand…