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Brazil’s Car Wash Scandal Reveals a Country Soaked in Corruption

What may be the largest corruption case in modern history runs deep in Latin America’s largest country. In U.S. history, entire cities and states have been branded corrupt: Think Richard J. Daley’s Chicago or Huey Long’s Louisiana. But amid even the worst federal scandals, Watergate included, the country has never been nationally…

The Economist: Argentina’s new, honest inflation statistics

The end of bogus accounting SOME readers of The Economist may be numbed by statistics. To many others, they are the water of cognitive life. Each week at the back of this newspaper we publish official data on 42 of the largest economies in the world—with one exception. Five years ago we stopped publishing the inflation figure for Argentina…

Danes give Chileans a helping hand in global pork marketplace

The Chilean pork sector has made a significant further move into the global marketplace after a major deal was sealed between one of Latin America’s leading pork producers and Danish investors. Coexca SA has joined forces with the Danish Agribusiness Fund (DAF) in a $12m equity deal that will enable the Chilean producer to double its output.…

Want to escape the maddening crowds ? Try North West Argentina

Close to the small town of Cafayate is a perfect example of one family’s project to create a sanctuary away from the stresses of living in a major city. This lifestyle property is in the Colalao del Valle, Valles Calchaquíes in the Tucuman Province. The building of a Charca or lifestyle Block When the owners bought the land in January…

Brazilian food industry is under the microscope: probes into bribed inspections

Brazilian police on Tuesday opened two separate investigations into whether certain food companies improperly received favorable treatment from the Agriculture Ministry, the latest probe ensnaring the powerful farming sector. The probes into whether inspection procedures were relaxed for meat packing, dairy and other food companies come…

Airbnb looks to Latin America, now its fastest-growing market

As Airbnb turns its attention to Latin America, the often-combative company is taking an unusual approach. It’s giving local governments what they want. The home and apartment-rental company said it will collect and remit taxes in Mexico City, the first such arrangement in Latin America. Airbnb will provide 3 per cent of revenue generated…