Tag: Latam

• Wednesday, December 21st 2011 - 02:28 UTC

  Regional inter-trade expands 25% and is expected to reach record 160bn dollars

  

  Trade among ALADI, Latin American Integration Association, which includes all the hemisphere countries with the exception of a few from Central America and the Caribbean, is expected to reach a historic record in 2011 close to 160 billion dollars, ahead of the 2008 record with 146 billion dollars.

• Tuesday, December 20th 2011 - 07:05 UTC

  Latam’s exports in 2011 forecasted to grow 26%, close to 1.1 trillion dollars

  

  Latin America’s projected 2011 export growth of 26% to approximately 1.1 trillion dollars continues the strong growth posted in 2010, according to new estimates by the Inter-American Development Bank (IDB).

• Friday, December 16th 2011 - 06:30 UTC

  FDI in Brazil jumped four times since 2005 totalling 661bn; US main investor

  

  Foreign direct investment (FDI) in Brazil expanded fourfold between 2005 and last year, from 162.8 billion to 660.5 billion dollars, the country’s central bank said on Thursday.

• Thursday, December 15th 2011 - 15:37 UTC

  Brazil decides full support for the (development) Bank of the South

  

  The administration of President Dilma Rousseff will be sending the bill creating the Bank of the South to congress next month, since this financial institution “will help the region address the global crisis”.

• Thursday, December 15th 2011 - 00:45 UTC

  Hong Kong world’s most developed financial market; Brazil in Latam

  

  Hong Kong became the world’s most developed financial market, overtaking the US and the UK for the first time, according to the Financial Development Report 2011 published by the World Economic Forum (WEF) on Wednesday.

• Wednesday, December 14th 2011 - 23:07 UTC

  Credit ratings remain reluctant to award Uruguay ‘investment grade’

  

  Credit rating agencies believe that in spite of the successful management of its sovereign debt Uruguay still has some issues to improve before investment grade is awarded. Moody’s has promised to visit Uruguay at the beginning of next year to assess those conditions.

• Wednesday, December 14th 2011 - 04:14 UTC

  Latam “progressive” countries openly supported tyrants despised by ”Arab Spring”

  

  The so called ‘progressive’ Latin American governments not only did they not support the revolution wave later known as the “Arab Spring” but openly and repeatedly backed the regimes against which the peoples of those countries rebelled.

• Wednesday, December 14th 2011 - 04:02 UTC

  US tries to re-establish full relations with Ecuador, Bolivia and Venezuela

  

  United States continues to dialogue with Venezuela, Bolivia and Ecuador, countries where it has no ambassadors in an attempt to normalize relations, said State Department spokesperson Victoria Nuland.

• Tuesday, December 13th 2011 - 06:25 UTC

  Latam juvenile unemployment 14%, but most are informal jobs, says ILO

  

  Juvenile unemployment in Latin America and the Caribbean stands at 14% double the urban rate and 60% of young workers hold informal jobs, according to Elizabeth Tinoco from the International Labour Organization.

• Monday, December 12th 2011 - 20:05 UTC

  Extended corruption in access to land in 61 countries, claims FAO and Transparency

  

  The UN Food and Agriculture Organization, FAO, and Transparency International have detected serious corruption problems in the access to land in at least 61 countries, among which some in Latinamerica.