Mauricio Claver-Carone, the White House official elected to lead Latin America’s regional development bank, said he aims to play a constructive role in Argentina’s negotiations with the International Monetary Fund.5 comments
The United States and Colombia will work together to bring new investment to rural areas of the country, officials said on Monday, as Colombia's president reiterated support for the U.S. candidate to lead the Inter-American Development Bank.
By Christopher Sabatini (*) The Trump administration’s intemperate, partisan crusade against international institutions has extended to the Western Hemisphere’s most important multilateral bank.
The Trump administration announced it plans to nominate the top White House official for Latin America to lead the Inter-American Development Bank, aiming to break a six-decade tradition of choosing the bank's leadership from candidates in that region.
Uruguay's Economy minister Azucena Arbeleche confirmed that the Inter American Development Bank had awarded the country a 1,7bn dollars soft loan to address the sanitary, social and economic emergency as a consequence of the COVID-19 pandemic.
Brazil plans to push for its own candidate to lead the Inter-American Development Bank, vying with Argentina for the regional lender’s top job, as President Jair Bolsonaro seeks to capitalize on the political alliance with his U.S. counterpart Donald Trump.
The Inter-American Development Bank (IDB) has approved two financing packages worth a total of US$ 130 million in support of a program to modernize the Argentine-Uruguayan bi-national hydroelectric power plant in Salto Grande and a program to boost the competitiveness of the productive and tourism sectors of that region, made up of the departments of Concordia and Federacion in the Argentine province of Entre Ríos and Salto department in Uruguay.
China will provide up top 2 billion dollars for an Inter American Development Bank (IDB) fund, in support of projects for the public and private sector that promoted sustainable growth in the region.
By R. Viswanathan (*) - During the sixth China - Latin America Business summit in Hangzhou in October 17-18, the Inter American Development Bank (BID) brought out a report on Latin American investment in China.
Chilean police stormed on Thursday three schools in the centre of Santiago, overtaken by students for the past week, and arrested 70 young people who were involved in the protests demanding education reform.