El Salvador
El Salvador president attacks NGOs and press in defiant anniversary speech
El Salvador's President Nayib Bukele delivered a defiant speech marking one year since his re-election, dismissing criticism of his authoritarian approach while doubling down on his controversial security policies.
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El Salvador’s Bitcoin splurge risks derailing $120mn IMF payout
The IMF struck a staff-level agreement with El Salvador, paving the way for nearly $120mn in funding pending executive board approval. But tensions persist as the country continues buying Bitcoin in defiance of the fund's conditions.
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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.
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Trump administration proposes 5% tax on migrant remittances amid Latin American outcry
The Trump administration has introduced a controversial legislative proposal to impose a 5% tax on remittances sent abroad by non-citizens living in the United States.
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.
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.
El Salvador plays defiant game with IMF Bitcoin rules
El Salvador is still sticking to its Bitcoin freeze, the IMF said during the Spring Meetings 2025. But the country’s actual actions appear to contradict the global lender’s claim.
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
Trump and Bukele cement controversial migrant deportation deal
While the US and El Salvador tighten ties on migration enforcement, human rights groups warn of mass detentions without due process and a growing reliance on authoritarian tactics by President Nayib Bukele.
Trump warns Iran must abandon nuclear ambitions or face possible military action
US President Donald Trump has stated that Iran must give up any pursuit of nuclear weapons or potentially face military strikes against its atomic facilities.
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.
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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.
US pays El Salvador $6mn to house Venezuelan gang members in controversial prison deal
El Salvador has received 238 alleged members of Venezuela's Tren de Aragua gang and 23 MS-13 members from the United States, establishing what analysts describe as an unprecedented model of cross-border incarceration services.