Stories for September 9th 2010
India increasing trade and investment links with Peru
Following closely on the steps of China but with lesser exposure India is increasing trade, investment and business links with Latin America, the latest of which a Bussiness seminar in Lima, Peru.
FT describes Uruguay and Paraguay as “Latin America’s impressive little guys”
Under the heading of “Latin America’s impressive little guys, Uruguay and Paraguay”, the Financial Times praises the two countries for “punching above their weight” and catching the attention of foreign corporate investors.
Forbes: Chile, Peru, Colombia, best countries for business in Latin America
Chile, Peru, Colombia are listed among the Best Countries for Business according to a ranking from the US Forbes magazine which includes 129 countries taking into consideration several indexes: GDP growth, GDP/capita, trade balance, population and budget affairs.
Strong showing of Chilean economy anticipates 5.5% GDP expansion in 2010
The recent 7.1% spurt in Chile’s economic growth registered by the Imacec index (a monthly indicator for economic activity) has made analysts increasingly bullish about Chile’s long-term growth prospects.
Argentina’s industrial production expands 11.8% in first seven months of 2010
Argentina's industrial production rose sharply on the year in July but slowed somewhat from the brisk pace posted in June, the manufacturing group UIA said in a report Wednesday.
Time Magazine has Cristina Kirchner among the world’s top ten Female Leaders
Argentina’s Cristina Fernandez de Kirchner has been listed by Time magazine among the top ten Female Leaders of the world. Time says Mrs. Kirchner “has proven to be her own woman” having survived since elected in 2007 several serious standoffs.
Japanese Yen rallies to 15-year high on China’s record purchase of bonds
As the Yen rallied to a fifteen year high against the US dollar, Japan’s government said it will seek discussions with China over the nation’s record purchases of Japanese bonds as an appreciating currency threatens to undermine an economic recovery.
Latin America and the Caribbean the most unequal region in the world
Latin America and the Caribbean is the most unequal region in the world with ten of the fifteen countries with the highest levels of inequality in the region. This inequality is persistent, self-perpetuating in areas where social mobility is low and it poses an obstacle to progress in human development.
“Legal security” in Argentina not an issue for US, according to Timerman
Argentine Foreign Minister Héctor Timerman assured that in his last visit to Washington DC, neither US Secretary of State Hillary Clinton nor Assistant Secretary of State for Western Hemisphere Affairs Arturo Valenzuela had any comments regarding legal security in Argentina or Latin America.
Cambridge knocks Harvard off the top of QS World university ratings
The University of Cambridge has knocked Harvard University off the top of the QS World University Ratings, as the U.K. establishment’s number of academic citations rose.
