Minister of Economy Umaña visits Germany and promotes the sustainable industrialization of the country.

Despite economic growth of 2.1 percent, policymakers plan to counter the slowing economy with interest rate cuts.

In South America, the democracies were able to hold their own: This is particularly true of Brazil, Colombia and Chile.

The inauguration of President Petro in Colombia, the referendum on the new constitution in Chile and crucial elections in Brazil are on the horizon.

In times of inflation, bitter experience has probably led to early countermeasures being taken there.

Nevertheless, investors seem to choose the region because of the size of the domestic markets.

Representatives of the traditional parties are currently having a hard time at the ballot box. But can the surprise winners deliver on their promises?

Despite omicron and high inflation, foreign investors are betting on the region. This increases purchasing power, among other things.

At the same time, digital transformation could bring much-needed productivity gains to the region.

Growing government services, financed by higher taxes or larger budget deficits, could slow the economic recovery.