Twenty years after negotiations began between Mercosur and the European Union (EU), a trade agreement between ministers was reached last Friday in Brussels. Its first phase, from 1999 to 2014, had among the motivations on the European side not to be left behind while the US then pursued a Free Trade Agreement for Latin America (FTAA). Symptomatically, such enthusiasm cooled after FTAA negotiations came to a halt and the United States embarked on bilateral agreements with some countries in the region. This time, the US bilateralism of the Trump era has been answered by the…
Latin America is rapidly becoming a hub for international startups, headlined by Softbank’s recent $5 billion commitment to the region. While the region is still often overlooked on a global scale, local governments and organizations have been quietly working to turn Latin America’s markets into ideal launchpads for entrepreneurs.
Efforts by the US to suppress gold prices in order to prop up the dollar are allowing Russia and China to build up huge reserves of physical gold by purchasing large quantities of the precious metal at significantly lower prices.
A subsidiary of Sinochem Corporation, one of China’s four major state-owned oil companies, has completed a shipment of gasoline from China to Singapore entirely using Blockchain technology, Reuters reports April 2.
China’s yuan-denominated crude oil futures launched today in Shanghai with 15.4 million barrels of crude for delivery in September changing hands over two and a half hours—the length of the first-day trading session for the contract.
Vineyards and wineries in Italy, within one hour drive of many major metropolitan areas.
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The Economic Commission for Latin America and the Caribbean (ECLAC) reaffirmed today its permanent commitment to strengthening ties between the region and China,
Chile’s VSPT Wine Group has sold a minority share to a distilled drinks company in China. The wine company said today that Yanghe Distillery Co has purchased