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The surprising announcement that the LatAm-focused telecoms group is negotiating with two investment funds for a full buyout could shake up the industry in the region, but who are the potential purchasers?
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COVID-19 Recovery in Latin America and the Caribbean: A Partnership Strategy for the Biden Administration In-Depth Research & Reports by Jason Marczak and Cristina Guevara Foreword From Mexico City to Manaus, the COVID-19 pandemic has ravaged communities throughout Latin America and the Caribbean. In March 2020, families in Guayaquil searched for coffins to bury their loved ones. In April and May, Venezuelans who had fled the Maduro dictatorship were forced to return home after having lost their jobs in neighboring countries. As someone who has spent fifteen years in Congress advocating for the United States to work more closely with our friends in Latin America and the Caribbean, I was deeply saddened as this region became an epicenter of the COVID-19 pandemic.
SoftBank is just the latest validation for Miami’s booming startup scene Miami has long been a refuge for those escaping the cold or Latin American countries in political and economic turmoil. But, in 2020, it welcomed investors, founders and others in tech leaving San Francisco and New York City, partly propelled by the pandemic, seeking a welcoming government, lower taxes, a decent climate, less expensive housing, a dynamic lifestyle and the type of diversity that’s proven to help companies thrive. Investors are bullish on Miami, TechCrunch found. In a survey with eight local investors, they point out the strengths and opportunities of the growing market.