Tag: Latam

• Saturday, August 20th 2011 - 06:52 UTC

  Latam markets follow world trend but fall less than the US and EU

  

  Latin American stocks fell on Friday as deepening fears of a US recession and a wider financial crisis that could result from Europe's debt troubles kept investors cautious.

• Friday, August 19th 2011 - 02:05 UTC

  Fears of recession plunge world markets; Latam losses less that in US and EU

  

  Stock markets across Latin America, led by regional heavyweight Brazil, fell sharply Thursday as recession fears sent global markets down. Meanwhile the spot price of gold hit yet another record high of just below 1.829 dollars an ounce.

• Thursday, August 18th 2011 - 23:23 UTC

  Korean corporations investing heavily in Latin American markets and resources

  

  Korea’s leading businesses are making their forays into Latin America, which has emerged as a favoured destination among global investors for its growing economy, ample natural resources and robust domestic demand.

• Thursday, August 18th 2011 - 06:57 UTC

  Fitch ratings sees a decade of opportunities for construction industry in Latam

  

  According to a new report issued by Fitch Ratings, the magnitude of investments in infrastructure during the next decade will provide unprecedented levels of opportunity for Latin American construction companies with the outlook for most companies in the industry being positive.

• Wednesday, August 17th 2011 - 07:36 UTC

  Sao Paulo, Rio, Caracas and Bogotá most expensive cities in South America

  

  The Brazilian cities of Sao Paulo (19) and Rio do Janeiro (26), together with the Venezuelan capital Caracas (47) and Bogotá (57) Colombia, figure among the most expensive cities in Latin America, according to a bi-annual rating from the Swiss bank, UBS.

• Tuesday, August 16th 2011 - 05:52 UTC

  World Bank warns a ‘hard landing’ in China would have great impact in Latam

  

  The World Bank's chief economist for Latin America and the Caribbean said Monday that the bank is maintaining its 2011 outlook for the region's economic growth at about 4.5% despite concerns of a new global crisis.

• Monday, August 15th 2011 - 23:15 UTC

  Renewed UK interest in South America in spite of Argentina’s Falklands’ policy

  

  The UK is showing a renewed interest in South America and has been successful in establishing cooperation with individual countries in spite of Argentina’s attempts to gather multilateral support for its claim on the Falkland Islands, according to World Politics Review.

• Monday, August 15th 2011 - 01:00 UTC

  Lula da Silva: developed countries lack political initiative; need to learn from Latam

  

  Former Brazilian president Lula da Silva blasted the developed countries lack of political initiative to face the economic crisis and suggested they adopt a strategy similar to Brazil’s.

• Wednesday, August 10th 2011 - 07:45 UTC

  ECLAC anticipates mild global recession with slower growth impact in Latam

  

  The United Nations Economic Committee for Latin America and the Caribbean, ECLAC warned on Tuesday that markets’ volatility will “persist” particularly because of the default-threat from several European countries.

• Wednesday, August 10th 2011 - 07:40 UTC

  Latin America stocks bounce back, but fears remain as to the US and EU

  

  Latin American stocks bounced back on Tuesday after suffering their worst day since October 2008, but fears of a US recession and a deeper European debt crisis promise to keep markets edgy.