According to the research service Group BBVA, the economy of Peru will grow by 10% in 2021. The Peru Economic Outlook. First Quarter 2021 published by the BBVA states: “ The Peruvian economy will grow around 10% in 2021, largely due to a “rebound effect”, but also supported by the favourable external environment andContinue Reading

According to a report by the World Wildlife Fund (WWF), 43 million hectares, was lost to deforestation in just over a decade. The Deforestation fronts: Drivers and responses in a changing world report, published on January 13, analysed 24 “deforestation fronts”, or hotspots, across 29 countries in Asia, Latin America and Africa andContinue Reading

Guyana President Irfaan Ali has rejected Venezuela’s President Nicolas Maduro’s unilateral extension of his country’s maritime boundary with Venezuela to take in the the Atlantic waters off the Essequibo Region. In his address to the nation, the Guyana President stated: “We have always chosen a path of peaceful resolution of the Venezuelan issue withinContinue Reading

The European Union says it does not recognise the Venezuelan elections of 6 December 2020 as credible and expressed its regret over the fact that the mandate of the National Assembly was assumed on January 5, 2021.   According to a Declaration by the High Representative on behalf of the European Union on Venezuela, “ The Venezuelan elections of 6Continue Reading

Brazil’s government, saying that India is not restricting the export of its Coronavirus vaccines made there, is eyeing to buy and import the India-made vaccine within weeks. “The talks between Brazil’s Fiocruz biomedical center and the Serum Institute of India to ship finished doses of the AstraZeneca vaccine are well advanced,Continue Reading

The Central Bank of Chile has said that that economic activity in Chile rose by 0.3 percent in November 2020 compared to the same month in 2019, marking the first increase since the novel coronavirus pandemic broke out here in March, 2020.  According to the bank’s preliminary figures, the Monthly IndexContinue Reading

The Guyana Oil Company (Guyoil) has registered profits despite declining sales. According to GuyOil’s 2019 annual report, the company recorded $2.587 billion in net profit after tax at 63.1% over the $1.586 billion after tax profit recorded in 2018. “Higher net profit was a result of higher gross profit, since total expenses only increased marginally,” theContinue Reading

According to the Brazilian Ministry of Health, vaccinations against COVID-19 in Brazil would start between January 20 -February, 2021. Executive Secretary Élcio Franco said in a press conference that that the best-case scenario depends on a combination of aspects, especially laboratories with vaccines in development meet registration requirements, whether emergential or definitive. ′′ This [vaccination on January 20] will depend on aContinue Reading

Ex-Bolivian President Evo Morales, while addressing the Movement for Socialism (MAS), said that another coup in Bolivia was possible ‘The issue of the coup is still in force, it is an ideological, programmatic struggle, it is a cultural, social, communal and, of course, an electoral struggle,’ he stated at theContinue Reading

A virtual platform has been launched by the Argentine-Arab Chamber of Commerce so Argentine exporters can sell their goods to the Arab market through it and carry on business activities during the pandemic.  AACC president Julio Husain Made was quoted by the Brazil -Arab News Agency (ANBA) that  the institution works to foster the commerceContinue Reading