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Economics & Finance

Top stories this week are likely to include: Nicolás Maduro and Henrique Capriles kick off their campaigns; U.S. business and labor leaders reach an agreement on immigration; Argentina faces a court ruling on its debt; Brazil faces more stadium-related woes; and Venezuela auctions $200 million in foreign currency.

Havana's bustling streets offer a wide variety of transportation options. In the old city overcrowded public buses and state-owned yellow taxis (usually Soviet-era Ladas or more recent Korean and Japanese imports) jostle with bicycle taxis, horse-drawn carriages, and cocotaxis—three-wheeled mopeds where the two rear passenger seats are half-enclosed in a garish yellow coconut-shaped plastic shell.

Las propuestas actuales de cambios económicos en Cuba han abierto una ventana inédita para discutir y eventualmente empezar a corregir algunas de las desproporciones más recurrentes en el devenir económico del país en las últimas décadas. 

Given the similarities between millennium-era Argentina and today’s Greece, some wonder if a Greek default and currency exit might not be the worst option for Athens. 

As the world grapples with generating employment, growth and innovation, a new club of countries has emerged as an engine of regional growth.

After the Venezuelan government announced its intention to devalue its bolívar currency late last week, the 32-percent shift in its exchange rate—from 4.3 to 6.3 bolívars to the dollar—went into effect yesterday.

Top stories this week are likely to include: Strong chavista performance in Venezuelan regional elections; Mayan peoples celebrate the thirteenth B’ak’tun; Argentina faces international fiscal isolation; and Peru and Chile sign a pact to remove mines from their shared border.

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