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).
Mercosur country members with support from the Inter-American Development Bank (IDB) and the World Tourism Organization will cooperate in the promotion of tourism focusing on improved and harmonized statistics, strengthening governance and promoting investment in the industry in the region.
Two are the main challenges faced by Uruguay to ensure sustained economic growth and to improve inequalities: infrastructure and education, and one main danger, self complacency.
The Latin American Development Bank, IDB, plans to help Latin American countries “de-dollarize” their economies by providing more financing in local currencies, said bank President Luis Alberto Moreno.
Latin America can help solve the global food crisis by expanding farm production, the World Bank said this weekend, and Colombia said it was on board with plans for an 'agricultural revolution'.
The Inter-American Development Bank approved 12.136 billion US dollars in new operations in 2010 and made 10.341 billion in loan disbursements from its ordinary capital, according to its latest annual report issued over the weekend.
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.
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.
Canada’s Export Development agency, (EDC) announced a 40% increase in its Latin American business volumes in 2010, reaching a record 10 billion Canadian dollars.
Argentina's Treasury will borrow 8.40 billion pesos (2.02 billion US dollars) from state-run Banco Nacion this year to refinance some of its debt with the bank, a top official told state news agency Telam on Wednesday.