• Record drought hits Argentina’s economy

    Argentina, the world's largest exporter of processed soy and the third-largest for corn, is grappling with a severe drought that is jeopardizing the country's economy. The drought is the worst in 60 years, resulting in…
  • America Movil plans $8.2bn in investments in 2023

    America Movil, the Mexican telecommunications company owned by billionaire Carlos Slim's family, has revealed plans to invest between $8 billion and $8.2 billion in 2023. The investment is expected to cover the expansion of fiber-optic…
  • Brazil’s apex bank launches CBDC-linked test

    The pilot test phase of Brazil's digital real project is approaching, as the Central Bank of Brazil accelerates its efforts to create a digital currency. The bank has announced that it will be conducting a…
  • St. Kitts economic growth projected at 4.5%

    The International Monetary Fund (IMF) has stated that St. Kitts-Nevis is showing a positive economic outlook, however, the organization has warned the twin island federation of potential downside risks in the short term. These risks…
  • BONI Launches Anti-Money Laundering Tech

    Bank of Nevis International (BONI), a top provider of comprehensive wealth management and portfolio management services, has partnered with Singapore-based Tookitaki to introduce the latter's award-winning Anti-Money Laundering Suite (AMLS). With this move, BONI becomes…