Signed on March 8, 2018 in Santiago de Chile, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is a free trade agreement between Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, Peru, New Zealand, Singapore and Vietnam (the UK … Continue reading →
Santiago de Chile ($3,571/m²), Montevideo ($2,867/m²) and Buenos Aires ($2,570/m²) have Latin America’s highest residential property prices (as of March 2022), according to the Buenos Aires Times, which references the results of a survey conducted by the Center for Research … Continue reading →
Brazil and Argentina have expressed a desire to advance discussions on a common South American currency to be used for financial and trade flows, according to Reuters. The currency would not circulate within Brazil or Argentina but rather would be … Continue reading →
Fortune reports (citing Argentine government data) that overall paychecks increased by 78 percent in September from a year ago, whereas the annual inflation rate was 83 percent. During the same month (September 2022), 90 percent of Buenos Aires recorded a … Continue reading →
Volkswagen Group of America, Inc., the North American subsidiary of German automaker Volkswagen, has signed a 20-year lease agreement for a new logistics facility at Port Freeport, Texas. The new hub will enable Volkswagen to import approximately 140,000 vehicles per … Continue reading →
Mexico’s nationwide house price index rose by 0.41 percent in Q1–2022 from a year earlier, according to Global Property Guide. For comparison, the year-over-year growth in Q1–2021 was 2.5 percent. Between 2016 and 2021, real house prices in Mexico increased … Continue reading →
According to UNCTAD World Investment Report 2022 (published on June 9, 2022), all major FDI (foreign direct investment) recipients in South America, including Brazil, Chile and Colombia, saw their FDI flows increase in 2021, driven by the resumption of flows … Continue reading →
Mexico City has eliminated minimum parking requirements and will instead cap the number of parking spaces allowed in new developments, according to Streetsblog. The cap number will depend on the type and size of the building with some of the … Continue reading →
About 34,000 deeds for home purchases and sales in Buenos Aires were notarized during the first ten months of 2016. This figure is 12 percent higher than 2015 and the highest since 2012, according to Reuters (citing College of Notaries … Continue reading →
Wal-Mart de Mexico SAB, a unit of Arkansas-based Wal-Mart Stores Inc. and Mexico’s biggest retailer and private-sector employer will invest $1.3 billion in the country to expand and improve logistics, according to The Wall Street Journal. Wal-Mart employs 200,000 people … Continue reading →