Economy

Wednesday, May 2nd 2007 - 21:00 UTC
US regional offensive in support of free trade agreements

United States Deputy Secretary of State John D. Negroponte warned Wednesday that rejection by the Democrat controlled Congress of free trade agreements with Colombia, Peru and Panama would mean a serious blow for Washington's interests in the region.
Sunday, April 29th 2007 - 21:00 UTC
Latam must prepare for China post raw materials trade

The trade honeymoon between China and Latin America cannot last forever, experts warn: sooner or later, the Asian giant will reduce its need for raw materials, and countries across the Americas will then have to offer value-added, higher-tech goods.
Saturday, April 28th 2007 - 21:00 UTC
IMF concerned with “social gaps” and “populist” governments

Latin American governments should increase social spending while maintaining sound fiscal policies to reduce poverty and growing political dissatisfaction in the region, IMF Managing Director Rodrigo de Rato said at a conference in Boston.
Friday, April 27th 2007 - 21:00 UTC
China confident in reining inflation with higher interest rates

Inflation in China is forecasted to stay within the government's target zone of 3% in 2007 giving Beijing authorities enough space to push ahead with pricing reforms for resources, according to a government economist.
Friday, April 27th 2007 - 21:00 UTC
Santiago Consensus calls for integration and education investment

Chile's Michelle Bachelet and Brazil's Lula da Silva called for deeper regional integration and increased investment in education, two priorities that mirrored a consensus among the 400 business, government and civil society leaders from 28 countries participating in the World Economic Forum on Latin America in Santiago.
Friday, April 27th 2007 - 21:00 UTC
Euro Sets New Record High Vs. Dollar After Weak U.S. GDP

The dollar fell to an all-time low against the euro Friday, after a government report showed the U.S. economy slowed to a real annualized growth rate of 1.3% in the first quarter, marking the weakest expansion in four years.
Thursday, April 26th 2007 - 21:00 UTC
Uruguay/US trade and investment talks in Washington

Uruguay and United States resumed on Thursday trade and investment talks in Washington with the purpose of increasing bilateral exchanges. Uruguay is targeting an increase in its current 20.000 tons of beef quota, free of tariffs, and the opening of the US market for lamb and mutton.
Wednesday, April 25th 2007 - 21:00 UTC
Chile and Brazil, the most attractive for private investment

Chile, Brazil, Colombia and Peru figure as the most attractive countries in Latinamerica for private investment in infrastructure according to a report from the World Economic Forum meeting this week in Santiago de Chile. At the other end Venezuela, Bolivia and the Dominican Republic figure as the less attractive.
Tuesday, April 24th 2007 - 21:00 UTC
UK Barclays and ABN Amro agree to largest bank merger

Britain's Barclays bank agreed to merge with Dutch bank ABN Amro in a deal worth 90 billion US dollars, creating one of the world's largest banks with a turnover of 190 billion US dollars.
Tuesday, April 24th 2007 - 21:00 UTC
Toyota en route to dethrone GM as world's top automaker

Japan's Toyota sold more vehicles globally in the first quarter of 2007 than General Motors according to preliminary figures the clearest sign yet that the Japanese company is on track to overtake its U.S. rival as the world's top automaker.