Guatemala Financial News

Guatemala’s new president has huge challenges to address now that he's finally been sworn into office

Bernardo Arévalo has been sworn in as Guatemala’s president despite months of efforts to derail his inauguration, including foot-dragging and rising tensions right up until the transfer of power

By Sofia Menchu

migrants and Secretary of State Antony Blinken prepares for a state visit to Mexico, a fresh wave of up to 15,000 migrants is set to crash into the already flooded US southern border of Mexico. A caravan of nearly 8,000 asylum-seekers began its march through Mexico to the border days before Blinken’s meeting with Mexican President Andres Lopez Manuel Obrador to discuss the illegal immigration crisis. They are mostly from Cuba, Haiti and Honduras.

By Emma Farge

Guatemala violated Indigenous rights by permitting a huge nickel mine on tribal land almost two decades ago, according to a ruling from the Inter-American Court of Human Rights

China on Saturday lodged a protest after calls at the UN climate talks in Dubai to include Taiwan, the self-governing democracy claimed by Beijing. Two of the dwindling number of countries that recognise Taiwan — Guatemala and the tiny Pacific island of Nauru — both hailed support from Taipei in addresses at the COP28 conference.

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WTO grouping with a major interest in farm trade that it will not discuss any new issue in the agriculture segment like imposition of export restrictions before a permanent solution is found with regard to public stockholding of food grains, an official said. This position was cleared during a mini-ministerial virtual meeting of about 28 WTO (World Trade Organisation) member countries on agriculture issues on November 28. In the meeting, Commerce and Industry Minister Piyush Goyal put forward New Delhi's approach to the issue saying that public procurement and stockholding of food grains serve the twin objectives of food security and income support to marginal farmers.

China's growing influence across Central America. With the Chinese ambassador at his side, Bukele toured the seven-story building, erected at a cost of $54 million paid for by China. The building sprawls over 24,000 square meters (260,000 square feet), and contains gamer and robotics areas, interactive digital screens and both a digital library and shelves containing 360,000 books, the government said on Tuesday. A day later, the son of Nicaraguan President Daniel Ortega, Laureano Ortega, inspected 250 Chinese-made buses and thanked Beijing for the «special relationship» he asserted was lifting the nation out of poverty. «The new politics of the region has accelerated China's influence and put distance between the United States and Central America, from the leftist authoritarian Ortega regime to the right-wing authoritarian Bukele regime,» Evan Ellis, a researcher at the US Army War College Strategic Studies Institute, told AFP. Since Costa Rica switched diplomatic relations from Taipei to Beijing in 2007, China has steadily gained ground in Central America, establishing relations with Panama (2017), El Salvador (2018), Nicaragua (2021) and most recently Honduras earlier this year. «China's efforts in Central America have mostly been driven by an interest in isolating Taiwan,» Margaret Myers, a specialist in China and Latin America at the Inter-American Dialogue, told AFP. In Central America, only Guatemala and Belize are among the dwindling 13 nations that still maintain diplomatic ties with Taiwan, a self-governing island that China considers part of its territory.

Chimpzee (CHMPZ) stands as a remarkable example of a cryptocurrency project actively making a positive impact on the world, having helped plant 1200 trees in the Brazilian rainforest, plant another 20,000 trees in Guatemala, and so much more. The most recent of these efforts has been to work with WeForest to plant over 5,000 trees in Tanzania. This along with the ability to earn bonus CHMPZ tokens has attracted many to the presale.

Times of India reported citing US Customs and Border Protection (UCBP) data. In 2019-20, 19,883 Indians were apprehended, the report added. As many as 30,010 were caught on the Canada border and 41,770 at the frontier with Mexico between October 2022 and September 2023.

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By Emma Farge

By Tom Polansek

By Alberto Fajardo

Solar Eclipse will be visible across most American cities for the first time since 2012. This Eclipse is called a ‘Ring of Fire’ because it appears in a distinctive shape of the Sun which is caused by the Moon partially blocking it. When the Moon moves between the Sun and the Earth, and conceals the Sun partially, a dazzling ring becomes visible in the sky.

Mexico's president says he rejected a U.S. request to set up migrant transit centers in Mexico

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migrants died and 25 were injured early Sunday when a cargo truck clandestinely carrying them overturned on a highway in the southern Mexican state of Chiapas, local security officials reported. The accident took place near the border with Guatemala, the report said.

Disclaimer: The text below is a press release that is not part of  Cryptonews.com  editorial content.