Tag: Latam

• Friday, April 29th 2011 - 05:06 UTC

  Lima Declaration seals the Pacific Alliance of Peru, Chile, Colombia and Mexico

  

  The presidents of Latin America's most pro-business countries, Peru, Chile, Colombia and Mexico agreed on Thursday to deepen their existing commercial ties and further open doors to lucrative Asian markets.

• Wednesday, April 27th 2011 - 15:20 UTC

  Peugeot-Citroen marks two production milestones in Argentina and Brazil

  

  France’s PSA Peugeot Citroen recently marked two production milestones in Latin America. Production of the one-millionth vehicle at the Palomar plant in Argentina coincided with production of the one-millionth engine at the company’s Porto Real plant in the State of Rio de Janeiro, Brazil.

• Wednesday, April 27th 2011 - 08:26 UTC

  Fiat will manufacture in Argentina combines and specialty tractors for Latam

  

  Italy’s Fiat Industrial, through its affiliate CNH, will set up a plant in Argentina to manufacture powerful combines and specialty tractors destined for the Latin American market. The plant will create some 600 direct and 1,500 indirect jobs, CNH said in a statement on Tuesday.

• Tuesday, April 26th 2011 - 23:50 UTC

  Latam and Caribbean states create CELAC to counter US influence

  

  Latin American and Caribbean Foreign Affairs ministers are meeting in Venezuela in anticipation of the presidential summit scheduled for July 5 in Caracas when a new regional integration organization is set to be born, the Community of Latin American and Caribbean states, CELAC.

• Monday, April 25th 2011 - 07:31 UTC

  India working to “upgrade” tariffs agreement with Mercosur

  

  India is working on “upgrading” the tariffs agreement with Mercosur, which could translate in more items of trade being included in the Preferential Trade Agreement (PTA) or move to free trade agreement with the LATAM countries.

• Monday, April 25th 2011 - 06:38 UTC

  Santiago, Lima and Monterrey, top three Latin American cities of the future

  

  New York City followed by Chicago and Houston rank top in the first ever 'American Cities of the Future' ranking compiled by fDi Magazine, belonging to the Financial Times group. Santiago de Chile, Lima (Peru) and Monterrey (Mexico) snatched the top three positions in the Latin America city ranking.

• Wednesday, April 20th 2011 - 02:49 UTC

  Latin America rapidly becoming a middle-class continent, according to ECLAC

  

  Latin America’s middle class increased by 56 million since 1999 with a direct consequence on consumption patterns and demand for government policies, according to a report in the latest edition of the United Nations Economic Commission for Latin American and the Caribbean, ECLAC Review.

• Thursday, April 14th 2011 - 23:50 UTC

  Mercosur outperformed in 2008/09 recession and during 2010 recovery

  

  Latin America and the Caribbean have weathered the 2008-2009 recession much better than it had previous downturns. However less well-known is that the region, particularly Mercosur members, also decisively outperformed many other regions during the same period with a decline in growth smaller than that of the middle-income country average and with a rebound that was swifter and stronger.

• Thursday, April 14th 2011 - 22:57 UTC

  Latam’s challenge: combating inflation but also the inflow of speculative capital

  

  Strong public and private consumption, abundant credit and strong currency appreciation among other reasons helped Latin American countries overcome the 2008/09 recession and outperform other regions according to the World Bank report Latin America and the Caribbean’s Success Put to the Test.

• Tuesday, April 12th 2011 - 04:11 UTC

  Argentina poised to grow 6% in 2011, but highly exposed to Brazil dependency

  

  Strong demand in Brazil and Latin America has created the conditions for a stronger-than-expected economic rebound in Argentina, an IMF official said on Monday.