News from World

tag: America Latina

08 March 2023

A livestock crisis is approaching due to drought

Cattle are dying in droves in Somalia, which is experiencing one of the worst droughts in the country's recent history. Drought has become a major problem also for Argentine ranchers. About 26 million cattle are at risk of dying from lack of water and feed. From Africa to South America, the phenomenon of drought, which began in 2020, shows consequences in sectors that affect everything from trade to the economy, the environment, wildlife and finally industry that relies on agricultural resources and livestock.

16 February 2023

African exports of intermediate goods to Latin America doubled in Q2 2022

Trade in intermediate goods — inputs used to make products — increased between Africa and other regions in the second quarter of last year, according to the World Trade Organization. [Exports of intermediate goods post sustained growth in ... - wto.org]

02 February 2023

On "carbon credits" purchased by fashion brands to offset CO2

A joint investigation by the Guardian, Die Zeit and SourceMaterial found that more than 90% of offset credits sold to protect portions of the rainforest are "ghost credits" and do not represent true reductions in carbon dioxide emissions. Gucci reacts through the public response of the certifier Verra, who denies the investigation. Vogue Business reflection is that "Carbon credits are defective. For now they are still needed"

01 February 2023

Colombia, footwear and leather SMEs will seek new exports to 8 countries

Within the framework of ILFS + EICI, organized by Acicam, the Ministry of Commerce, Industry and Tourism, through ProColombia, invited a delegation of 37 companies from Latin America and the Caribbean, to meet with about 150 Colombian exhibitors. [Mipymes de calzado y cuero buscarán nuevas exportaciones ... - El Nuevo Siglo]

23 January 2023

Costs of China’s concrete diplomacy

Many major Chinese-backed infrastructure projects around the world are falling apart. China’s $1 trillion “Belt and Road” initiative stretches from Asia and Africa to Latin America, investing in hydroelectric dams, housing projects, and other critical infrastructure. But concerns are growing over construction flaws at multiple China-financed and built sites, The Wall Street Journal reported. [China's Global Mega-Projects Are Falling Apart - WSJ]

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