martes 4 de febrero de 2025
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Exports from Latin America – The Caribbean grow amid global uncertainty

Caribbean News Global (CNG) January 16, 2025, Washington (CNG): The value of exports from Latin America and the Caribbean grew by an estimated 4.1 percent in 2024, recovering from a 1.6 percent decline in 2023, according to the latest Trade Trends Estimates for Latin America and the Caribbean, a report published by the Inter-American Development Bank (IDB).

Forget begging rich nations: Caribbean countries should act to save themselves

Opinion (CNG): It has long been evident that the world’s richest nations, especially those responsible for the lion’s share of greenhouse gas (GHG) emissions, care little about the existential threats faced by small states. For the Caribbean, the time for pleading has passed. Collective action must define the region’s response to the climate crisis.

Remittances to Latin America–the Caribbean moderate their growth in 2024

Caribbean News Global (CNG) December 6, 2024, Latin America/Caribbean (CNG): A new report from the Inter-American Development Bank (IDB) projects that remittances to countries in Latin America and the Caribbean will reach a historic high in 2024 despite growing at their slowest pace in ten years and returning to levels of increase prior to the exceptional growth they showed during the COVID-19 pandemic. If the trend continues, the region will receive $161 billion in remittances in 2024, a 5 percent increase compared to 2023.

What could Trump’s election victory mean for Latin America?

Tougher trade policy: Trump has floated the idea of a 10.0–20.0 percent baseline tariff on all imports. If realized, this would thump the more US-dependent Latin American economies – particularly Mexico and Central America. In addition, Trump is likely to attempt to renegotiate the USMCA (United States, México, Canadá) trade agreement when it comes up for review in 2026. This could leave Mexico – one of the three signatories to the deal along with Canada and the US-worse off.