Tag: Latam

• Monday, February 28th 2011 - 06:50 UTC

  Mercosur central bankers warn task ahead has become “more complicated”

  

  Mercosur central banks’ presidents meeting in Peru last Friday agreed that the task ahead has become ‘more complicated’ because of growing inflationary pressures triggered by soaring food and oil prices.

• Sunday, February 27th 2011 - 23:10 UTC

  India interested in reaching out to Latin America and Mercosur

  

  India is reaching out to emerging markets and Latin America, and more precisely Mercosur is a strategic priority, said India’s Minister for Commerce and Industry Jyotiraditya Scindia addressing the Confederation of Indian Industry (CII) India-Uruguay business conference that hosted a large Uruguayan business delegation led by the country’s Vice-President, Danilo Astori.

• Saturday, February 26th 2011 - 03:02 UTC

  Latin America: Making the Good Times Better

  

  By Dominique Strauss-Kahn - Latin America has enjoyed tremendous economic dynamism and a rising quality of life in recent years. But, faced with new challenges, the question is: how best to sustain this progress?

• Friday, February 25th 2011 - 01:52 UTC

  Seven Latam countries on track to have credit ratings upgraded

  

  Seven countries in Latin America are on track to have their ratings upgraded in the short term, as the region's credit cycle remains supported by healthy economic growth and greater policy stability, Fitch Ratings said on Thursday.

• Wednesday, February 23rd 2011 - 07:09 UTC

  Santander selling insurance business in Latam to Swiss company

  

  Switzerland’s largest insurer, Zurich Financial Services, has agreed to pay as much as 2.1 billion US dollars for 51% of Banco Santander’s insurance business in Brazil, Mexico, Chile, Argentina and Uruguay.

• Saturday, February 12th 2011 - 08:12 UTC

  “Limits must be imposed” on Latinamerican presidential successive re-election

  

  The Organization of American States, (OAS), Secretary General Jose Miguel Insulza said that democracy must impose limits on Latin America’s presidential successive re-election tendency.

• Tuesday, February 8th 2011 - 17:49 UTC

  Rate hikes expected in Brazil and Chile as global commodity prices drive inflation

  

  Global commodity prices continue to be the main driver of inflation in both Brazil and Chile, according to the latest Latin America update report from Capital Economics.

• Friday, February 4th 2011 - 22:22 UTC

  Brazil’s industrial output fell in December for second month running

  

  Brazil’s industrial output unexpectedly fell for a second straight month in December. Output in December fell 0.7% from November after a 0.2% decline in the previous month, the national statistics agency IBGE said this week.

• Wednesday, February 2nd 2011 - 06:49 UTC

  Latin America inter-region trade soared 24.6% in 2010

  

  Inter-region Latinamerican trade soared 24.6% to 133 billion US dollars during 2010 according to the latest report from ALADI (Latinamerican Integration Association) released Tuesday in Montevideo. This signals a significant recovery from the late 2008 financial crisis but still is short of that year’s record of 146 billion USD.

• Tuesday, February 1st 2011 - 13:37 UTC

  World’s richest man says it is the right moment to invest in Latin America

  

  Mexican telecommunications tycoon Carlos Slim announced plans to invest 8.3 billion US dollars this year in 19 countries where his companies have interests and underlined that given the international scenario, it is the right moment to invest in Latin America: “whoever doesn’t will be left behind”.