Economy

• Tuesday, March 29th 2011 - 17:54 UTC

  Brazil calls on IDB to speed the planned 70 billion US dollars capitalization

  

  Brazil's Planning Minister Miriam Belchior pressed the Inter-American Development Bank, IDB, to move quickly with its planned 70 billion US dollars capitalization to expand the reach of projects in Latin America.

• Tuesday, March 29th 2011 - 04:47 UTC

  Brazil plans to tax local corporations overseas bond issues, says financial media

  

  The Brazilian government is planning to impose a financial operations tax on overseas bond issues by Brazilian companies, local financial daily Valor Economico reported Monday.

• Tuesday, March 29th 2011 - 04:44 UTC

  Cheap dollar makes US a formidable competitor in beef and chicken production

  

  Emerging countries such as Brazil found a significant space to expand meat exports during the last decade but a heavy weight competitor, United States will be gaining international competitiveness in the sector in coming years because of the steep depreciation of the US Dollar against other currencies.

• Monday, March 28th 2011 - 16:28 UTC

  More than forty Argentine wineries participating at the Pro Wein 2011

  

  More than forty Argentine wineries will be participating this week at the Pro Wein 2011 wines and spirits trade exhibition in Dusseldorf, Germany, considered one of the most important of Europe and which attracts some of the best professionals.

• Monday, March 28th 2011 - 04:55 UTC

  IDB plans to double financing to private companies to boost job creation

  

  The Inter-American Development Bank Group expects to more than double its annual financing to companies in Latin America and the Caribbean over the next four years, a move that will help the Group fulfill its mission to promote development though the private sector in the region.

• Monday, March 28th 2011 - 04:36 UTC

  Falklands’ seafood total success in “Taste of Britain” exhibition in Prague

  

  Falkland Islands squid, sea-bass and king-clip were among the mouth watering morsels served to guests and buyers at a prestigious exhibition in the Czech capital of Prague last month.

• Monday, March 28th 2011 - 04:30 UTC

  Japan’s losses open excellent prospects for Chile’s coho salmon

  

  The March 9 earthquake and tsunami destroyed most of Japan’s profitable salmon industry, but Japan’s loss may be Chile’s gain. <br />
  The catastrophe directly hit the main fishing areas in the provinces of Aomori, Iwate, Miyagi, Fukushima, Ibaraki and Chiaba, destroying 20% of the salmon industry and completely shutting down fishing ports.

• Monday, March 28th 2011 - 01:03 UTC

  IMF recommends ending fiscal stimulus before turning to capital controls

  

  Latin American policy makers should withdraw fiscal and monetary stimulus to prevent their economies from overheating before turning to capital controls to limit foreign currency inflows, said Nicolas Eyzaguirre, the International Monetary Fund Western Hemisphere director.

• Sunday, March 27th 2011 - 05:18 UTC

  Colombia and Peru closer to implementing the free trade agreement with the EU

  

  Negotiators from the European Union, Colombia and Peru have signed the final texts on an association agreement with a free trade chapter designed to increase commerce between the Andean countries and the European bloc, it was reported Friday.

• Sunday, March 27th 2011 - 05:13 UTC

  Paraguayan economy expands an all time record of 15.3% in 2010

  

  Boosted by agriculture Paraguay's economy grew an all time record of 15,3% in 2010, following on a 3.8% contraction in 2009, according to the latest release from the Central bank.