Day: March 19, 2025

Mexico’s Housing Sector Facing Challenges from U.S. Tariffs

Sofia Ibrahim March 19, 2025 0

Mexico's housing construction costs may rise 3-4% due to U.S. tariffs on steel and aluminum. While investment remains steady, developers...

Brazil’s Central Bank Increases Selic Rate to 14.25% to Combat Inflation

Elena Morales March 19, 2025 0

Brazil's Central Bank increased the Selic rate by 100 bps to 14.25%, aiming to stabilize inflation and support economic stability....

Brazil’s Central Bank Raises Interest Rates by 100 Basis Points and Signals Smaller Hikes Ahead

Lila Patel March 19, 2025 0

Brazil's central bank has raised interest rates by 100 basis points for the third time, raising the Selic rate to...

State of Emergency Declared in Rivers State Amid Political and Security Crisis

Aiden O'Connor March 19, 2025 0

President Bola Tinubu declared a state of emergency in Rivers State, suspending Governor Fubara and local legislators due to an...

Bolivia Faces Major Fuel Shortage Amidst Growing Public Concern

Sofia Ibrahim March 19, 2025 0

Bolivia is experiencing a significant fuel shortage affecting transportation. The government is actively addressing distribution challenges and seeking additional supplies....

Colombia to Launch Copper Auction in May to Reduce Import Dependence

Lila Patel March 19, 2025 0

Colombia will launch a copper mining auction in May aimed at substituting imports and meeting rising local demand, particularly for...

Protests Erupt as Resistance Grows Against Javier Milei’s Policies in Argentina

Sofia Ibrahim March 19, 2025 0

Mass protests against President Javier Milei resonate in Argentina, fueled by public outrage over austerity measures and police violence. Union-led...