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 […]
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