Is Latin America ready for technology disruption?

From corrupt politicians caught blindsided by damning recordings on social media to a taxi industry up-ended by Uber, to a media industry undermined by Netflix, mobile-enabled technology is delivering unprecedented levels of transparency, efficiency and upheaval to Latin American society and industry. Latin American e-commerce is growing at close to 20 percent per year; sales of virtual products, that suffer no logistics hurdles, are growing at over 100 percent per year. And more growth potential is there. Read the full article at Latin Trade.
Venezuela cuts oil supply to Citgo
Venezuela’s state-run PDVSA has reduced crude sales to its U.S. refining unit Citgo Petroleum while increasing supply to Russia’s Rosneft, following a plan signed in May to catch up on overdue deliveries, according to PDVSA documents, sources from the company and its joint ventures. PDVSA agreed in the catch-up plan to compensate Rosneft for the delayed cargoes, since the oil is being sent in lieu of payment for loans. Rosneft has loaned between $4 billion and $5 billion to Venezuela in recent years, mostly to be repaid with oil. Reuters reports.
Fitch sees improved Mexico ratings outlook
Ratings agency Fitch on Thursday revised its outlook for Mexico’s credit to stable from negative, the second such upward revision for the country in the last month by credit ratings agencies as the worst fears about the country’s economy subside. “Fitch believes the risk of a …

Click here : Log In To Read The Full Story
Subscribe to latin trade magazine
Click here to begin a subscription for Latin Trade magazine, available both in print and online.
Subscribe to lt.com
Click here to begin an online subscription to LT.com, with its extensive ranking, indices, and market intelligence on Latin America.
Subscribe to free Newsletter
Subscribe here to our free newsletter – getting the latest business headlines from Latin America in your inbox every day.
LOGIN
FOR READ MORE LOGIN
LOGIN
LOGIN
Forgot your password
SEND
READ MORE
Aenean sollicitudin, lorem quis bibendum auctor, nisi elit consequat ipsum, nec sagittis sem nibh id elit. Duis sed odio sit amet nibh vulputate cursus a sit amet mauris. Morbi accumsan ipsum velit. Nam nec tellus a odio tincidunt auctor a ornare odio. Sed non mauris vitae erat consequat auctor eu in elit.Aenean sollicitudin, lorem quis bibendum auctor, nisi elit consequat ipsum, nec sagittis sem nibh id elit. Duis sed odio sit amet nibh vulputate cursus a sit amet mauris. Morbi accumsan ipsum velit. Nam nec tellus a odio tincidunt auctor a ornare odio. Sed non mauris vitae erat consequat auctor eu in elit.
Read the current issue of Latin Trade Magazine

Access Denied

Please log in or register

Read Our Latest Issue

latintrade-followus-spanish
FOLLOW US