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Tax on Streaming Services in Peru: How Is It Affecting Users?

Peru has introduced a tax on streaming services, which not only applies to these platforms but also extends to around 600 other services, including Uber, Zoom, and Spotify. The so-called “Netflix Tax” has raised concerns among users, as subscription costs will rise from 1st December. Following the publication of Legislative Decree No. 1623 in August…

November 29, 2024
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The impact of Black Friday on Latin American consumers

Black Friday in Mexico Every year, at the end of November, Mexico participates in the emblematic American Black Friday, a global retail event that has become a key moment for consumer spending. Originating in the United States in 1961, Black Friday has since spread internationally and is now embraced by Mexican retailers, offering consumers the...
November 29, 2024
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Six key sectors to invest in Chile

According to the World Bank, Chile’s economy is stable and growing thanks to its solid macroeconomic policies and strong institutions. After the challenges brought by the pandemic, Chile has regained economic balance and, in recent years, has maintained an average annual growth of 2%.  Chile is the fifth-largest economy in Latin America and has the…

November 28, 2024
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The 5 Greatest Benefits That APEC 2024 Has Brought to Peru

The Asia-Pacific Economic Cooperation (APEC) Forum, of which Peru has been a member since 1998, has consistently served as a vital platform for the country’s economic, trade, and political development. This year, Peru held the presidency for the third time (previously in 2008 and 2016), making it imperative to translate the benefits of hosting the…

November 27, 2024
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Why is CCXP 2024 a Phenomenon in Brazil?

CCXP 2024 promises to bring unprecedented experiences. Also known as Comic Con Experience, it takes place annually in São Paulo and is one of the largest pop culture events in the world. And, as they say, “nothing is created, everything is copied,” the grand event is inspired by fairs such as the San Diego Comic-Con,…

November 25, 2024
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Why is Latin America So Attractive for Green Energy?

One of the greatest challenges we face today is tackling climate change. To succeed in this shared mission, we need to work together as a global society and rethink the way we produce energy. This is where green energy comes into play, and Latin America stands out as a shining example. Green energy refers to…

November 21, 2024
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2024 G20 Summit highlights diverging paths in Latin America

As the 2024 G20 Summit approaches, scheduled for 18–19 November in Rio de Janeiro, Argentina and Brazil—two major powers in South America—will put their diplomatic and trade relations to the test. In this context, the leaders of both nations, Brazilian President Luiz Inácio Lula da Silva and Argentine President Javier Milei, stand in stark contrast…

November 14, 2024
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Respecting religious diversity in communications

You’ve likely watched an episode of a series where a religious holiday is celebrated. If you think you haven’t, consider special dates like Christmas, Hanukkah, Kwanzaa, Easter, weddings, and other celebrations, or even some advertisements featuring Christmas trees or rabbits. If you pay attention, you’ll notice we’re surrounded by symbols from multiple religions, made possible…

November 14, 2024
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What’s new in Latin America? October recap

Argentina: politics and economics In October 2024, the Inter-American Development Bank (IDB) announced a disbursement of approximately $500 million to fund sustainable development projects in Argentina. This financing will prioritize essential areas like infrastructure, renewable energy, and social inclusion programs. IDB President Ilan Goldfajn highlighted that this funding aims to enhance Argentina’s economic resilience and…

November 6, 2024
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COP16 and the Latin American business environment: reviewing the keys to a sustainable future

COP16, held in Cali, Colombia, from October 21 to November 1, highlighted environmental and economic priorities to be adopted globally, underscoring the urgency for business sectors in Latin America to move from commitments to action. This region, which has shown increasing vulnerability to climate change in recent years, has a responsibility to adopt strategies that…

November 5, 2024
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