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How The Pandemic Is Impacting Coffee Supply Chains In Central And South America
In Central American countries where the harvest has all but wrapped up, the challenges are being felt post-harvest. In South America, where the coffee harvest is just beginning, governments have made coffee part of the ‘essential’ economy and farm owners are still able to access their fields.
- Region
- Latin America
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Remittances to Mexico Surge to Record High in March
Mexico received $4.02 billion in remittances from abroad in March, a 36% increase from the $2.96 billion in March 2019, the Bank of Mexico figures showed.
- Categories
- Finance
- Region
- Latin America
- Tags
- remittances
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Brazil Sees Surge in Uptake of Government Services Online
Covid-19 outbreak prompts citizens to rush to the platform, which has been expanded to support service provision during the crisis.
- Categories
- Coronavirus, Technology
- Region
- Latin America
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‘We’re Abandoned to Our Own Fate’: Coronavirus Menaces Brazil’s Favelas
As of Thursday, Brazil had 22,169 confirmed Covid-19 cases and 1,123 deaths, although underreporting means numbers are likely tp be much higher. Community leaders, activists and organisers of social projects in favelas in São Paulo, Belém, Rio de Janeiro, Salvador, Manaus, Belo Horizonte and São Luís have been delivering food and hygiene kits to desperate residents as hunger begins to bite.
- Categories
- Coronavirus
- Region
- Latin America
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Coronavirus Could Spark Demand for E-Wallets, Digital Banks in LatAm
The coronavirus outbreak could drive financial inclusion in Latin America, as governments look for agile partners to distribute state aid and large segments of the informal economy grapple with restricted access to cash.
- Categories
- Coronavirus, Finance
- Region
- Latin America
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Brazil Undertakes Massive Tech-Enabled Financial Inclusion Exercise With “Coronavoucher”
Millions of unbanked citizens are receiving the government's emergency financial aid through a mobile app.
- Categories
- Coronavirus, Finance, Technology
- Region
- Latin America
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Could China Be a White Knight Again for Latin America?
China helped spare the region from the worst of the 2008-09 financial crisis. But recently, its lending to Latin America has been in decline.
- Categories
- Coronavirus
- Region
- Latin America
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Financial Inclusion: Mexico Plans a Bank-Building Spree
Financial inclusion has long been a problem in Mexico. Less than half of the population has a bank account. The credit-to-GDP ratio is around 34% – stubbornly low relative to comparable countries in Latin America.
- Categories
- Finance
- Region
- Latin America
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