Tag: Latam

• Thursday, June 23rd 2011 - 08:48 UTC

  LAN becomes best Airbus client in Latam: it ordered 20 Airbus A320neos

  

  Chile’s LAN Airlines has placed a firm order at the 49th Le Bourget Airshow for 20 eco-efficient Airbus A320neos as part of its expansion strategy and fleet-renewal program. The aircraft are expected for delivery 2017/2018.

• Wednesday, June 22nd 2011 - 23:08 UTC

  Latam millionaires ‘smarter’ than Asia-Pacific peers during 2007/10 recession

  

  Millionaires in Latin America fared better than their compatriots in other regions during the global recession. A combination of a conservative investing streak and Latin America's brisk recovery helped millionaires in the region minimize losses in the last four years, according to the latest annual Merrill Lynch-Capgemini World Wealth Report.

• Tuesday, June 21st 2011 - 02:24 UTC

  “With a few drops of its reveres, China can finance Ecuador’s development”

  

  Ecuadorian president Rafael Correa said China has one of the largest liquid international reserves in the world and could with “a few drops” finance the development of his country and the whole of Latin America.

• Monday, June 20th 2011 - 20:26 UTC

  Moody’s upgrades Brazil’s sovereign credit rating to “Baa2”

  

  Ratings agency Moody's Investors Service upgraded Brazil's sovereign credit rating on Monday, giving a vote of confidence in the government's efforts to prevent the region’s largest economy from overheating.

• Monday, June 20th 2011 - 20:18 UTC

  Unasur forecasts greater role for Latam in new international order

  

  A new global order is emerging as a result of the world crisis and recession in developed countries and Latin America has a crucial role to play given its very satisfactory economic performance in recent years, said Unasur Secretary General Maria Emma Mejia.

• Friday, June 17th 2011 - 16:43 UTC

  Venezuelan billionaire teams up with Chinese banks to invest in Latam

  

  Venezuelan billionaire Gustavo Cisneros is setting up joint ventures with Chinese banks to carry out investment in Latin American commodities industries.

• Thursday, June 16th 2011 - 13:26 UTC

  Banco do Brasil plans to expand into Chile, Peru and Colombia

  

  Banco do Brasil, Latin America’s biggest bank by assets, is considering buying lenders in Colombia, Peru and Chile to attract corporate clients and increase business with Brazilian companies in the region. Last month the bank announced the reopening of its branch in Montevideo, Uruguay.

• Tuesday, June 14th 2011 - 16:56 UTC

  UN forecasts unemployment in Latin America will drop below 7% in 2011

  

  The strong economic recovery of Latin America and the Caribbean will make it possible to bring down unemployment significantly from 7.3% in 2010 to between 6.7% and 7.0% in 2011, according to ECLAC and ILO.

• Saturday, June 11th 2011 - 10:09 UTC

  Colombia signs landmark “Victims Law” to redress victims of internal conflict

  

  Colombia's President Juan Manuel Santos signed into law Friday a landmark “Victims' Law” aimed at redressing the estimated 4 million victims of the country's long-running internal running conflict.

• Saturday, June 11th 2011 - 09:48 UTC

  EU challenges and opportunities with Mercosur and Latin America

  

  By Antonio Tajani - The challenges and opportunities in Latin America are dear to my heart. This is the first time in many years that a European Commissioner for industry heads to the region. And it is not by chance that I strongly wished to go, as this was a priority set in my new mandate.