The United Kingdom financial watchdog slapped a 27 million US dollars fine on Goldman Sachs for inadequate disclosure of a US probe into the Wall Street powerhouse.
Chief Minister Peter Caruana has highlighted the importance of Gibraltar’s National Day, September 10, as a celebration of identity and culture.
Foreign tourists left an estimated 204 million US dollars in land-locked Paraguay in 2009, according to figures made public by the head of the Tourism Office Liz Cramer, during a seminar held this week at the Central Bank.
Venezuela reported the slowest monthly inflation of the year in August after the government moved to tackle sporadic food shortages by importing more goods ahead of the September 26 congressional elections.
The Chilean Senate finally approved the Union of South American Nations, (Unasaur) creation charter thus ending the legislative chapter. The bill now goes to the Executive for its promulgation.
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.
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.
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.
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 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.