Tag: Latam

• Tuesday, August 9th 2011 - 12:55 UTC

  To face the crisis, it is necessary to act with “the criteria of a good housewife”

  

  Uruguayan President Jose Mujica said Monday that the developed world financial scenario is quite disappointing almost regrettable, and recovery in those countries can be expected to be “very slow and full of uncertainties”

• Tuesday, August 9th 2011 - 07:44 UTC

  Latam markets losses greater than in Europe and the US

  

  The main stock markets in Latin America also suffered the impact of panic selling in major markets.

• Saturday, August 6th 2011 - 08:41 UTC

  Canadian PM will visit Brazil, Colombia and Central America

  

  Canadian Prime Minister Stephen Harper will visit Brazil, Colombia, Costa Rica and Honduras from August 8 to 12 to promote trade and investments, reinforce democratic governance and advance common security, according to a release from the PM’s office.

• Friday, August 5th 2011 - 07:39 UTC

  Latam markets suffer some of their worst losses since 2009

  

  Latin America’s main stock exchanges suffered strong losses on Thursday much in line with plunging world markets and reflecting contagion of growing uncertainties that the fragile global recovery is again on the verge of a recession.

• Monday, August 1st 2011 - 05:53 UTC

  The most tragic year in two decades for Latin America journalists

  

  Journalists in Latin America are suffering through their “most tragic year in two decades,” with 19 reporters murdered in nine nations so far in 2011, the Inter-American Press Association said in its latest release.

• Saturday, July 30th 2011 - 22:43 UTC

  South America as a region to discuss measures to counter global financial crisis

  

  South America’s top economic and monetary authorities will be meeting in Lima and later in Buenos Aires to agree on “joint and specific actions” to address the flush of global liquidity distorting regional currencies and of unsold manufactured goods threatening jobs and industry.

• Friday, July 29th 2011 - 07:02 UTC

  Latam and Caribbean hold 727bn dollars in US government debt assets

  

  The UN Economic Commission for Latin America and the Caribbean, ECLAC, expressed public concern about the ongoing discussions between the White House and Congress regarding the governments’ borrowing limit and the August 2 deadline to reach an agreement.

• Thursday, July 28th 2011 - 11:21 UTC

  Santander Latam’s profits insufficient to compensate EU poor performance

  

  Spain's Banco Santander CEO Alfredo Saenz announced Wednesday its second-quarter net profit fell 38% as growth in Latin America was offset by weaker results in crisis-hit Europe and a one-time charge in Britain

• Thursday, July 28th 2011 - 00:34 UTC

  Latam’s 2010 foreign direct investment reached 159bn dollars, mostly from Asia

  

  Foreign direct investment (FDI) flows to Latin America and the Caribbean increased by 13% in 2010 to reach 159 billion dollars indicated UNCTAD (United Nations Conference on Trade and Development) annual investment survey that was released Wednesday.

• Tuesday, July 26th 2011 - 08:09 UTC

  First commercial bio-fuel flight in Latam between Mexico City and Chiapas

  

  The Mexican airline Interjet has successfully conducted the first commercial bio-fuel flight in Latin America, using a jatropha-based fuel that reduces air pollution by 80%, according to company officials.