Suriname is one of only three carbon-negative countries (along with Butan and Panama) Paradoxically the country is extremely vulnerable to climate change. Suriname is one of only three carbon-negative countries…
Category: Latin America
Latin America’s fintech gold rush is China-sized
While traditional investors continue to skim the froth of the developed world’s overcrowded venture scene, VCs who analyze emerging markets are uncovering regions where valuations are low, and rapid changes…
Progressive politics in Latin America needs a Green Democratic Revolution
A green populism could be the basis of a new kind of politics in Latin America, one that embraces many of the region’s struggles in a challenge to neoliberalism Guest…
Emerging Markets are ready for international trade, but need trade finance
Emerging markets have grown at a lightning speed. Over the last 20 years, it has resulted in transforming international trading practices. Emerging economies now play a larger role in international trade than ever before. Twenty years ago, emerging economies accounted for about 30 percent of the world’s trade. Today, the figure stands at nearly 50 percent.
As supply and demand grow, developing market enterprises require ongoing working capital to maximize distribution, operational efficiency, and inventory turnover. International trade financing companies can assist emerging-market businesses in improving their cash flow position and reducing their risk exposure.
International trade finance companies typically extend working capital to businesses in emerging markets by providing them with trade finance facilities such as documentary collections, letters of credit, standby letters of credit, factoring facilities, and export credit. When a buyer purchases goods from a seller,
Shortage of coffee in 2021 might see record prices
Some of the most significant coffee-producing regions got less than half of the average amount of rain. Brazil is the world’s largest exporter of coffee. The rainy season in Brazil…
Why the next viral social media channel is coming from emerging markets
Tiktok, which was created in China, witnessed an increase in the number of users on its app. Silicon Valley, once the origin of the first generation of social media applications…
Guyana’s economy is booming and here is why
Last year, despite Covid, Guyana’s Real GDP growth rate was an astounding 43.4% per the IMF. Pre-Covid it was supposed to be 85.6%. As one of only 3 Countries globally with a Real GDP growth rate over 5% in 2020 as a result of the global Covid-19 pandemic, Guyana’s future couldn’t look brighter.
El Salvador is the first country to recognize Bitcoin as legal tender
A majority of El Salvador’s lawmakers have approved a bill to officially accept Bitcoin as legal tender. President Nayib Bukele has backed the use of Bitcoin, explaining it will help Salvadorans send remittances home. The US dollar will continue to be legal tender in the South American country.
Brazil’s cannabis industry takes its first steps
In contrast to the excitement shown earlier this year, the Brazilian cannabis sector is wary. Several companies promised in January that cannabis-based medications would be on national pharmacy shelves in the first half of 2021. The bulk of them have had their deadlines pushed out to 2021.
Colombia launches first blockchain based system to track Covid-19 vaccination
The digital passport, known as VitalPass, has been developed to track immunization Covid-19 utilizing the powerful Algorand blockchain technology, to provide security, traceability and openness throughout Latin America.
