News & Speeches

ICC news on the ways we are making business work for everyone, every day, everywhere

World Chambers in the spotlight at Ibero-American Summit

The ICC World Chambers Federation and the Bogotá Chamber of Commerce hosted the First Ibero-American Summit on Sustainability and Innovation in Business, during which international speakers, panellists and experts highlighted the crucial role played by chambers of commerce in encouraging the development of SMEs and fostering public-private partnerships around the world.

Guest blog: Is Latin America facing unusually high risks? An economic analysis and its consequences

Recent macroeconomic woes affecting the developed world are likely to spill over to emerging markets, especially more financially vulnerable and politically unstable Latin America, currently facing a resurgence in left-wing nationalistic movements. The Latin American left-wing has often aimed at increasing the dominance of state-owned enterprises in the economy, adopting stronger regulation and stringent control on foreign investment, all of which could lead to contract breaches and increase in litigation over disputes in regulated industries such as oil & gas, utilities, and mining.