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Massive heatwave hits southern Brazil and northern Argentina with temperatures hovering around 50°C endangering people and agricultural production. This heatwave is due...
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Sri Lanka is in the middle of a deepening financial crisis. With essential resources depleting and inflation rising, the island nation is...
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Argentina is facing its worst-ever economic crisis as its GDP contracted by 10% in 2020. The government had requested the International Monetary...
The Illusion of Bolivia’s Companies Cover Up Real Financial Plight
Bolivian state companies' debt long exceeds $18 billion according to reports from internal authorities.
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Businesses Go Bankrupt As Looting And Fires Mark Chilean Protests
During the November 2019 protests in Chile, the looting has resulted in the failure of medium and large companies in the South...
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2020 was a tough time for retail stores, but Neiman Marcus had an added, interesting demographic to settle: class. Sam Lewis (renamed...
Mega-Mansion Pulled from the Auction Block
Los Angeles "The One" mega-mansion was pulled from the auction block. The Los Angeles Times reported that this happened the day after...
US Bankruptcy Judge Approves Teligent Inc. $12M Loan
U.S. Bankruptcy Judge Brendan Linehan has approved generic drugmaker Teligent Inc.'s request to access a $12 million bankruptcy loan. Reuters reported that...
Peru’s Economy In Crisis As Socialists Win Presidential Elections
Peru's economy is in crisis after Peru Libre's (Free Peru) candidate Pedro Castillo, a staunch Communist, won the presidential elections. Elections were...
Hospitality Sector Hard Hit In Peru Due To Pandemic
Peruvian hospitality has shown massive losses. The industry comprising hotels and restaurants incurred a whopping loss of $2.4 billion due to COVID-19...
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