Chile
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Google signs deal with Chile for Pacific submarine cable to Asia
Google has signed a groundbreaking agreement with Chile's government to deploy a 14,800km submarine data cable across the Pacific Ocean, connecting Chile with Australia and Asia by 2027.
CITIES IN PERIL: Cities confront the rising tide of climate change
Fast and chaotic urban population growth combined with climate challenges on multiple fronts are putting cities at risk around the world.
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Latin America faces investment drought as fiscal space shrinks, ECLAC says
ECLAC report highlights the region's struggle with low public investment amid mounting debt pressures.
COMMENT: China and Latin America forge ‘shared future’ as US wields coercive diplomacy
China hosted Latin American leaders at the China-CELAC Forum, pledging $9.2bn and deeper ties. As US influence fades, Beijing’s “shared future” vision gains ground, fueling a shift in global alliances and challenging Washington’s dominance.
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Latin American EV market accelerates threefold in 2024
The number of light electric vehicles in Latin America and the Caribbean saw a dramatic surge last year, tripling in size from 154,966 registered units at the end of 2023 to 444,071 vehicles by December 2024, according to data from Olade.
Borsa Istanbul leads world markets in dollar-basis losses
Turkey’s exchange-traded fund down 9.5% in year-to-date. Thai performance second worst at 6.5%.
China woos Latin America with $9bn credit line amid Trump trade tensions
China has offered Latin American and Caribbean countries a CNY66bn ($9.2bn) credit line as part of a comprehensive economic and political cooperation package presented during the CELAC-China summit in Beijing.
Turkish inflation still ballsing up OECD charts
Despite some progress in reining in prices, Turkey's headline figure is a bar graph section too far.
Amazon to build $4bn data centres and cloud infrastructure in Chile
Amazon's cloud computing division has announced plans to invest $4bn in Chile to build its first data centres and cloud infrastructure in the country.
InDrive pioneering a sustainable "fair" ride-hailing business
The Siberia-born InDrive ride-hailing service is doing something special. It cut margins, offers the cheapest prices possible and is generous to its largely freelance staff. IIt is pioneering a new "fair" business model that works.
ECLAC cuts Latin America growth forecast amid global uncertainties
The UN's Economic Commission for Latin America and the Caribbean (ECLAC) has downgraded its 2025 growth forecast to 2%, adding to a chorus of international institutions painting a bleak outlook for the region.
LatAm set to be world's slowest-growing region as World Bank slashes forecasts
Economic expansion for region projected to be slowest globally as external pressures mount
CONFERENCE CALL: Aurora Women in Tech Global Awards
“Why is it women only get less than 3% of Venture Capital funds? There is not a pipeline problem. There is a perception problem,” says Isabella Ghassemi-Smith, head of the Aurora Tech Award, which promotes women-led start-ups.
Latin American leaders blast US tariffs at CELAC summit as China offers economic lifeline
Latin American leaders gathered in Honduras on April 9 to condemn United States trade measures during the ninth summit of the Community of Latin American and Caribbean States (CELAC).
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Why investors are turning their gaze to Latin America after Trump tariffs
Trump's trade war unexpectedly boosts Latin America, with investors spotting fresh opportunities in a reshuffled global economic landscape.
Latin America to miss more than three-quarters of 2030 sustainability targets, ECLAC says
The region's progress on UN goals is hampered by weak institutions and debt burden, warns UN commission in a new report.
Latin America escapes full wrath of Trump's tariffs, as few nations bear brunt
Most regional economies hit with baseline 10% rate while Venezuela, Nicaragua and Guyana face steeper levies.
COMMENT: What impact will a raft of protests across the Emerging Markets have?
A spate of protests across several emerging markets is reigniting concerns over economic stability and long-term financial health. From Turkey to Indonesia, social unrest has flared up that threaten countries with weak fundamentals.
Glaciers are melting faster than ever before due to climate change, says UN agency
Mass loss of ice from the world’s 19 glacier regions was 450bn tonnes in 2024, says a new report from the UN’s World Meteorological Organisation.
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IMF: How Artificial Intelligence can boost productivity in Latin America
Latin America and the Caribbean has long been a region with one of the most informal labour markets. A large part of the workforce is outside of the formal economy, leaving many people without access to benefits and protections.