Mexico has implemented fiscally restrained adjustments in response to the pandemic, focusing on monetary policy and the redistribution of federal budgets rather than new loans from multilateral institutions such as the IMF. The country has maintained an open border policy to sustain the economic benefits of tourism, manufacturing and trade. Diverging from other countries in this respect allowed Mexico…
En Español – Circular economy principles have received a boost following the pandemic – In February the UN launched a circular economy coalition for Latin America – Recycling and 4IR technologies will prove key to sustainable growth – The circular economy could generate 4.8m jobs across the region by 2030 As Latin America continues its economic recovery from Covid-19, countries…
In early 2020 the global economy faced a historic oil price drop in conjunction with global restrictions that curtailed transport and economic activity – both of which depressed demand for hydrocarbons at the national and global level. The industry has since bounced back, driven by ongoing recovery in top energy-consuming industries. This has led to a growing need for midstream infrastructure in…
n Español Following a coronavirus-related fall in crudeprices, oil-producing nations have sought to calm global markets by announcing a significant production cut, with Mexico standing to benefit from a special dispensation in output after striking a deal with the US. As of April 15, Mexico, the world’s 10th-most populouscountry, had recorded 5847cases and 449deaths…
En Español – Mexican mining investment fell by around 50% last year due to Covid-19 – Despite the contraction, spending is set to rebound in 2021 – Gold and silver projects in particular are set for higher capital expenditure – Mining expansion could be key to the country’s economic recovery Mexico is set to see a series of new investments in gold and silver mining…
The petrochemicals and logistics sectors have been some of the most exposed industries in Latin America and across the world during the past 13 months. Both critical to the region’s economies, they faced substantial headwinds in the early months of the pandemic, such as closed borders and strict measures on industrial operations. For petrochemicals and chemical firms, the immediate impact has been…
En Español – The extent of vaccine rollouts has varied wildly across the region – With more than 40% of the population inoculated, Chile leads the way – Colombia, Peru and Ecuador are among those with lower rates – Logistical issues pose significant challenges to governments As the global Covid-19 vaccine rollout continues, Latin American governments have seen their own vaccination…
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