Daily Archives | Latin America
Latam-Asia Trade Expanding at 20.5%
May 8th, 2012
READ MOREThe trade between Latin America and Asia reached 442 billion dollars in 2011. It has grown at an annual rate of 20.5% in the last twelve years according to the report Defining the relation between Asia and Latin America and …
Compartamos Sees Growth in MF
May 2nd, 2012
READ MORELast Wednesday Compartamos Banco, one of the leading microfinance institutions in Latin America said that its net profit expanded 12% in the first quarter of this year because the company grew its loan portfolio and attracted new clients. Patricio Diez, …
Less Growth in Uruguay
April 20th, 2012
READ MOREAccording to the latest IMF World Economic Outlook released on Tuesday Uruguay growth estimate for 2012 has been downed while prices will be higher. The economy will grow 3.5% compared to the previous estimate (4.2%) and prices will climb 7.4% …
Prostitution Scandal Eclipses the Summit of the Americas
April 17th, 2012
READ MOREThe Summit of the America organized in Cartagena, Colombia, was attended by more than 30 heads of State, who discussed relevant issues, including the end of Cuba’s isolation. The meeting was overshadowed by the scandal of 11 US Secret Service …
Brazil Considers Tax Breaks and Higher Tariffs
April 3rd, 2012
READ MOREAs a part of a package to help industries that struggle to support the recovery of the most important economy in Latin America, Brazil will extend a payroll tax break to some manufacturers, revealed a government official. “This is a …
Mobile Financial Services in Remote Regions of Latam
April 2nd, 2012
READ MOREThe International Finance Corporation (the private investment arm of the World Bank) has joined partners in Spain, The Netherlands and Luxembourg for a new project aimed to support the access to mobile financial services in remote, financially excluded regions of …
Reminder: Transformational Microfinance in Latam
March 30th, 2012
READ MOREThis relevant conference will be hosted in Mexico City on May 22-23. According to its official site attendants will learn how to implement a microfinance strategy that will improve reach, increase transactions, lower costs and advance the successful development of …
Slower Growth in Latam: IADB
March 27th, 2012
READ MORELast Sunday the Inter-American Development Bank (IADB) presented its latest annual outlook. According to it the economy of Latin America and the Caribbean should grow only 3.6% this year, down from the previous rates above 5%. The region’s fortunes depend …
Argentine Inflation Reaches 0.7%
March 26th, 2012
READ MOREIn February Argentine inflation reached 0.7% against the previous month and has accumulated a 1.7% increase this year, according to the Indec national statistics bureau. Beverages, food and healthcare attention were the sectors that increased the more. Private estimates, multilateral …
Drought Affects Crops in Brazil
March 22nd, 2012
READ MORESome Latin American countries are suffering the worst drought in many years. Brazil is no exception. According to a note published by MercoPress, South Atlantic News Agency, on the southern region of the country, Rio Grande do Sul and Paraná …