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 →
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 →
The total value of all developed real estate in the world (excluding informal neighborhood commercial properties such as smaller shops and local work spaces) totaled $217 trillion in 2015, amounting to 2.7 times the global GDP and about 60 percent … Continue reading →
Bulgarian real estate developer MRP International is leading a consortium that plans to develop Rio Towers – six fifty-story waterfront office buildings in Rio’s central port district, according to The Wall Street Journal. The project will add 3.47 million square … Continue reading →