What does Latin America’s bumper election year hold in store for the continent? It is unclear, but as the 2018 regional report on Latin America from Bertelsmann Stiftung’s Transformation Index (BTI) stresses, “structural transformation takes time and patience, which many citizens no longer have to spare.”
Juan de Antonio, CEO of Cabify, firmly believes that disruption is the main driver for progress in business. “Wealth is generated outside our continent and Cabify is an example of a Spanish company which would have died if we hadn’t left here.”
MADRID| By J.P. Marín Arrese | Buenos Aires acted in the right way by bridging the gap between its currency real value and the fake official quote. Yet, in doing so, it has openly exposed the emerging countries’ vulnerability. For the last years, their expansion delivery showed an outstanding record harnessed by cheap money conditions and renewed risk appetite, once the financial crisis looked firmly under control.
MEXICO CITY | By David Brunat | Latin America is on its way to give a lesson to the European Union in terms of employment. By the end of the year the subcontinent is to hit a 6.2% jobless rate, a record low, according to a shared report issued by the Economic Comission for Latin America and the Caribben (ECLAC) and the International Labour Organization (ILO). The region has already reached a 6.6% rate in the third quarter, while in the EU Spain, Portugal and Greece are approaching a staggering 30%. Latin America’s jobless rate is even lower than that of the United States (7.3%).
MADRID | BBVA Chairman Francisco González wants to eliminate all risks in Latin America and avoid the unpleasant situations his Spanish peers Repsol, REE, Iberdrola, Abertis or Aena had to put up with in the continent.