Tag: Latam

Thursday, July 26th 2012 - 20:35 UTC
Mujica warns Uruguay is going through an exceptional period, but it is also finite

President Jose Mujica said Uruguay was going through an ‘exceptional’ period vis-à-vis the world crisis but also warned that exceptionality has limits and is not forever.
Tuesday, July 24th 2012 - 06:33 UTC
Latinamerica has 15.100 ultra-rich; Brazil leads with 4.725 and 890 billion dollars

Latinamerica has 15.100 super rich (8% of the world total) according to the latest World Report on the Ultra Rich 2011/12 from Wealth-X. Super rich is defined as a person with net assets over 24.4 million Euros (30 million dollars).
Monday, July 16th 2012 - 23:59 UTC
IMF cuts world growth forecast; Latam drops from 3.7% to 3.4%

International Monetary Fund on Monday cut its global growth forecast and warned that the outlook could dim further if policymakers in Europe do not act with enough force and speed to quell their region's debt crisis.
Saturday, July 14th 2012 - 07:17 UTC
Chile and Peru, best performing economies of the region leave rates unchanged

Chile and Peru opted this week against following the lead set by nations from Brazil to South Korea in cutting interest rates as economic growth and slowing inflation in the Pacific neighbors gave central bankers little reason to change monetary policy
Saturday, July 14th 2012 - 00:30 UTC
Top Brazilian entrepreneurs tie-up to develop mining opportunities in Latam and Africa

Brazil's top investment bank Banco BTG Pactual announced a tie-up with Roger Agnelli, former head of mining giant Vale, to invest up to 520 million dollars in Latin America and Africa.
Friday, June 29th 2012 - 01:24 UTC
China offers 15 billion dollars for infrastructure and better trade terms with Latin America

China has offered to set up a 10 billion dollars credit line for Latin American countries to support infrastructure projects in the region. The proposal was made by China's Premier Wen Jiabao as he wrapped up his visit to the region with a conference at the UN Economic Commission for Latin America and Caribbean, ECLAC, main offices in Santiago de Chile.
Tuesday, June 19th 2012 - 06:16 UTC
Largest emerging-market nations will make additional contribution to IMF

The world’s largest emerging-market nations will announce contributions to the IMF’s financial firewall at the Group of 20 summit meeting in Mexico, Brazil’s Finance Minister Guido Mantega announced.
Monday, June 18th 2012 - 01:12 UTC
European crisis could reduce Latin America’s growth prospects by 40%

An aggravation of the European crisis could reduce growth prospects in Latin America up to 40%, said the Inter American Development bank president Luis Alberto Moreno, particularly because of the influence of European financial institutions in the influx of capital to the region.
Saturday, June 16th 2012 - 06:01 UTC
UN Economic commission forecasts 3.7% growth in Latam and Caribbean this year

The latest ECLAC report, “Macroeconomic report on Latin America and the Caribbean, Jun 2012” shows that activity in the first months of this year has been stronger tan in the second half of 2011 despite considerable global uncertainty and volatility.
The report estimates Latam and Caribbean growth for this year at 3.7% compared to 4.3% in 2011.
Thursday, June 14th 2012 - 10:43 UTC
University Rankings: Brazilian dominance points to future economic might

By Danny Byrne, Editor of TopUniversities.com - Universities throughout Latin America are in a period of transition. Though precise circumstances vary by country, factors such as the growth in scientific research, massification of social demand for higher education, increased student mobility and the rise of private universities have exerted an influence across the region.