Latin America

• Wednesday, May 4th 2011 - 20:47 UTC

  First South America Seatrade cruise convention in Sao Paulo May 30/31

  

  For the first time ever South America will be hosting the cruise industry major event, the Seatrade Cruise Convention organized by the Seatrade Group and Abremar, the Brazilian Association of maritime cruises. The event is scheduled for May 30 and 31 in Sao Paulo and CEO from some of the leading cruise companies have already confirmed their attendance.

• Tuesday, May 3rd 2011 - 18:08 UTC

  Tax and investment protection agreements needed to boost India/Mercosur trade

  

  India emphasized the need to deepen trade and investment engagements with Latin America by expanding the existing PTA with Mercosur, during a business seminar in Montevideo, Uruguay. But he added that double tax and investment protections agreements are critical to expansion.

• Tuesday, May 3rd 2011 - 17:55 UTC

  Boeing forecasts Latam air-carriers will require 2.180 airplanes in next 20 years

  

  Boeing forecasts that air carriers in Latin America will require 2,180 new airplanes worth approximately 210 billion US dollars over the next 20 years as air travel in the region out paces the world average.

• Tuesday, May 3rd 2011 - 08:09 UTC

  Food prices threaten Latam countries; urban poor need protection, says IDB

  

  Rising international food prices could trigger an acceleration of inflation in several countries in Latin America and the Caribbean this year, highlighting the need for policies to protect the urban poor, according to a new study from the Inter American Development Ban (IDB).

• Tuesday, May 3rd 2011 - 05:20 UTC

  FAO estimates 2011 rice world production up 3%; Latam to rebound 9.2%

  

  Rice production is expected to rise to 480 million tons in 2011, which is 3% higher than a year earlier, due to improved weather conditions, the United Nations Food and Agriculture Organisation said on Monday.

• Monday, May 2nd 2011 - 00:59 UTC

  Spain main bank’s profits sustained by Latin America branches, mainly Brazil

  

  Spain’s biggest bank Santander reported first-quarter profit declined 5% as lower earnings at home offset gains in Latin America. Net income fell to 2.11 billion Euros from 2.22 billion Euros a year earlier, the Spanish bank said in a filing Friday.

• Monday, May 2nd 2011 - 00:31 UTC

  LAN plans to invest 4.6 billion USD on its fleet through 2014

  

  Chile's LAN Airlines group plans to spend around 4.6 billion US dollars on its fleet of aircraft through 2014, Chief Financial Officer Alejandro de la Fuente announced.

• Saturday, April 30th 2011 - 10:17 UTC

  CELAC has not been created to exclude the US or Spain, says Iglesias

  

  The head of the Ibero-American Secretariat Enrique Iglesias denied that the Community of Latin American and Caribbean States, CELAC, to be created next July pretends to take distance from the United States or Spain.

• Saturday, April 30th 2011 - 09:34 UTC

  UNASUR Secretary General officially takes office May 9 in Guyana

  

  Union of South American Nations, UNASUR, nominated Secretary General Maria Emma Mejia said Friday in Uruguay that her round of visits to country members has the purpose of defining a work agenda to be elaborated once she formally takes office in May.

• Friday, April 29th 2011 - 22:07 UTC

  Brazil, Venezuela, Argentina among top users of social network Twitter

  

  Three Latin American countries figure among the ten top users of social network Tiwtter according to a release from comScore, Inc., a leader in measuring the digital world, based on the comScore Media Metris service.