Tag: Inter American Development bank (IDB)

• Friday, September 23rd 2022 - 09:44 UTC

  Latin America and US agree to sack IDB president, a Trump appointment

  

  The fourteen governors on the board of the multilateral Inter-American Development Bank (IDB) have voted unanimously to recommend firing President Mauricio Claver-Carone, Latin American sources revealed on Thursday.

• Thursday, July 28th 2022 - 08:57 UTC

  IDB keeps approving loans for Argentina amid frozen disbursements

  

  The Inter-American Development Bank (IDB) has approved a credit line worth US$ 1140 million for energy investments and vowed to keep reviewing CEO Mauricio Claver-Carone's decision to halt a separate disbursement of over US$ 800 million to a country with such a credit record.

• Tuesday, March 29th 2022 - 23:22 UTC

  IDB: Ukraine war should open windows for Brazil, Argentine and LatAm

  

  The Inter-American Development Bank (IDB) said Monday that Russia's invasion of Ukraine and the threat it poses to food security may be an opportunity for large Latin American exporters, such as Argentina and Brazil due to the disruption in the global supply chains.

• Thursday, September 9th 2021 - 09:24 UTC

  Ecuador and IMF reach agreement for disbursement of frozen US$ 6bn funds

  

  Ecuador and the International Monetary Fund, IMF, finally reached a technical agreement involving 6 billion US dollars, according to the country's economy minister Simon Cueva. The accord must still be approved by the IMF governing board but will unblock “international funds”, which have been frozen for months.

• Friday, August 13th 2021 - 13:03 UTC

  Ex Venezuelan congress members, US representative at the IDB

  

  United States president Joe Biden appointed former Venezuelan congress member Leopoldo Martinez Nucete as US permanent representative in the Inter American Development bank, IDB.

• Thursday, March 5th 2020 - 08:40 UTC

  Brazil and Argentina disputing the presidency of the Inter American Development Bank

  

  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.

• Saturday, November 30th 2019 - 07:53 UTC

  Lower trade barriers helped faster economic and wage growth in Latin America, IDB report

  

  Latin America and Caribbean region saw faster economic and wage growth thanks to a lowering of trade barriers, a new report by the Inter-American Development Bank shows. The study also provides policy recommendations to ensure the region is better positioned to take advantage of trade liberalization and make its benefits more tangible to citizens.

• Wednesday, April 5th 2017 - 06:22 UTC

  IDB ends annual meeting with agreement to replenish innovation fund

  

  The Inter-American Development Bank and the Inter-American Investment Corporation wrapped up the annual meeting of their Boards of Governors after reaching an agreement to replenish the Multilateral Investment Fund (MIF), the IDB Group’s innovation lab.

• Saturday, November 26th 2016 - 13:36 UTC

  IDB US$ 60m loan to expand sewage and rainwater drainage in Montevideo

  

  Uruguay will expand sewage and rainwater drainage systems in Montevideo and improve management of City Hall's sanitation system thanks to a US$60 million loan approved by the Inter-American Development Bank (IDB). The money represents the second stage of a line of credit that the IDB approved for investment projects in December 2006.

• Friday, November 4th 2016 - 22:59 UTC

  Bolivia seeks access to Pacific Ocean via Peruvian por of Ilo

  

  Integration between both countries appears to be on a smooth path after second binational cabinet meeting in Sucre, chaired by Presidents Evo Morales and Pedro Pablo Kuczynski. Railway road to Brazilian port of Santos also on the table