Brazil´s ex-president, Mr. da Silva imprisoned for corruption

On July 12, 2017, Luiz Inácio Lula da Silva or "Lula", a well-known Brazilian ex-president from 2003 to 2010, was imprisoned for a bribery and misuse of the country´s financial resources. Lula´s will remain...

FinTechs enter Brazilian Loan Market

A loan market in Brazil has been undergoing positive changes since FinTechs companies offered to their customers a convenient solution - to provide loans with decreased interest rates for the retail and mid-sized firms. Based...

IBM´s Watson is becoming popular in Brazil

Brazil is one of the countries where IBM plans to develop its marketing objective – to propagate Watson, its popular cognitive computing platform. By 2018, IBM intends to present Watson to 1 billion customers all...

Novo Nordisk looks to expand Latin American obesity business

Danish drugmaker Novo Nordisk is looking to expand its obesity business in Latin America on the back of "phenomenal" performance by its new anti-obesity injection Saxenda, a senior company official said on Monday. Novo, the...

BNDES CEO Says Brazilian Recession ‘is over’

On June 5th Paulo Rebello de Castro, CEO of the National Bank of Economic and Social Development of Brazil (BNDES), claimed that the recession in the country has ended. He made the statement during...

Brazil: the new insurance giant in Latin America

A low insurance penetration rate, large market and growing middle class bring new opportunities for insurers investing in the Brazilian market. The development of information and communication technology in the country is also brightening...

Latin America Automotive HVAC Market Explores New Growth Opportunities By 2014 – 2020

Heating Ventilation and Air Conditioning (HVAC) is the technology for managing the internal climate of vehicle cabin. Automotive HVAC facilitates in managing temperature (hot/cold) for interior environment of vehicle and thus provides ambient comfort for...
Pedro Pablo Kuczynski

Deadly political violence in Peru as Kuczynski completes first 100 days

Two people were killed last week in armed clashes that broke out in the small town of Curimanai in Peru’s eastern state of Ucayali. The bloody battle erupted between rival factions supporting the town’s former...

With U.S. pullback, China pursues further foothold in Latin American business

Venezuela may be in a meltdown, Brazil consumed by corruption scandals and Argentina fresh out of a recession. But for China, whose investments in Latin America top $100 billion, it’s just business as usual. Largely...
The El Romero Solar plant in Chile features 776,000 photovoltaic modules.

Chile connects Latin America’s largest solar plant to the national grid

Spanish clean energy company Acciona Energía has connected the 246MW El Romero solar plant in Atacama desert, Chile to the county’s Interconnected Central System (SIC), becoming Latin America's largest. The US$343m El Romero Solar...
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