Economic activity in Latin America and the Caribbean (LAC), sharply affected by the global economic crisis, is expected to contract by 1.5% in 2009, from about 4.5% growth in 2008, before rebounding next year, according to the latest forecast for the region by the International Monetary Fund.
Economy and Finance ministers from seven South American countries are scheduled to meet Friday in Buenos Aires to advance in the creation of the Bank of the South, a financial institution to fund infrastructure and development projects in the region.
Business journal América Economía last week ranked Santiago as the second best city in Latin America for business, just behind Sao Paulo and ahead of Miami, Mexico City, and Buenos Aires.
Many businesses in Mexico have re-opened after a five-day shutdown caused by the A/H1N1 influenza outbreak that killed 44 people, including two in the US. From Thursday, all businesses in Mexico City can re-open, so long as they follow hygiene guidelines, including masks for all workers and customers.
The director of the British-based organization Survival this week urged the Paraguayan government not to authorize a Brazilian livestock company to operate on lands of the Ayoreo-Totobiegosode Indians while in Bolivia a UN mission discovered Indian communities subjected to forced labour.
Chile, more precisely the Magallanes region in the extreme south of the country, could play a major role in the global lamb and wool markets? Yes says Jose Marin a Magallanes sheep farmer who has a flock of 135.000, mostly Merino, Corriedale and Meat Merino and thirty years experience and innovation in the industry, reports El Mercurio.
Sunday’s conservative victory in Panama is turning into a landslide: the winning party Democratic Change, CD, headed by president elect Ricardo Martinelli will also hold a majority in Congress.
Panama's president-elect Ricardo Martinelli has said finalising a free trade deal with the United States is a priority. Martinelli, a supermarket tycoon, beat the governing centre-left party's candidate by more than 20 points in Sunday's presidential election.
Mexico says it has written to the World Trade Organization (WTO), demanding an explanation from countries which have restricted its imports over A/H1N1 flu.
Punta Arenas in the extreme south Magallanes Region of Chile has received several lots of seasonal flu vaccines which will be available in clinics and health centres as of tomorrow Wednesday announced local sanitary authorities.