Private equity and venture capital firms are set to increase their investments in Latin America after netting billions in new funds.» Read More
The excavation of the Panama Canal is an initial step in the building of a larger set of locks that should double the amount of goods that can pass through it each year. The New York Times reports.
Latin America likes U.S. entertainment, and that means Goldman Sachs continues to like Netflix because it is expanding into that region and the Caribbean.
There are 210 million registered cell phones in Brazil, 10 million more than the estimated population of the entire country, more proof to this traveler that Brazil is a country bursting at the seams.
"In the past, Brazil's reach has always exceeded its grasp," says one former U.S. official. "It always saw itself as a leader, but has been frustrated that the world saw it another way. The Brazilian economy is developing to the point where it does have the global heft that people have to take it seriously."
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Retiring in another country used to be a foreign concept to most Americans but it’s becoming more common thanks to two main factors: the Internet and the economy. "All you have to do is think outside the border," one expat said.
After decades of boom to bust behavior, economies from Mexico to Brazil are looking dynamic, diverse and durable, helped by a wealth of natural resources and a good measure of fiscal discipline.
the New York Times reports.
U.S. businesses sold $528 million in food products to Cuba last year, from small dairy farmers to multi- billion dollar agribusiness corporations. And they seem to have one thing in common: mixing a little social messaging in with their sales.
American industries of all kinds—from travel and telecom to construction and energy—would be poised to profit if the 52-year trade embargo with Cuba were lifted. Among the first businesses to cash in would be those involved with tourism, most experts agree.
Despite an economic embargo against Cuba that has existed for a half century, Americans and citizens of US allies routinely conduct business with the country, including trade and tourism.
Mention Colombia to the average American and negative references come forth—drug trade, instability and guerrilla warfare. But Colombia, like some other emerging-market countries, has sidestepped the current economic downturn that has plagued developed nations, and is moving up.
Major companies continued to pour support into the Haiti relief effort following last Tuesday's devastating earthquake, and the US Chamber of Commerce said corporate aid pledges had already exceeded $16 million by 11 am Eastern.
South America, which boasts a range of basic resources and agriculture, is showing signs of rebounding from the global recession. But political uncertainty continues to plague the continent.
It's hard to find a spare tire in Cuba these days, or a cup of yogurt. Air conditioners are shut off in the dead heat. Factories close at peak hours, and workers go without their government-subsidized lunches.
He thinks there’s a better way to play Latin America’s mobile market.
Aruban health authorities checked passengers and crew from the cruise ship Ocean Dream on Friday for signs of the swine flu that cut short their Caribbean trip, and some could find themselves spending still more time on board.
Latin American stocks were mixed Tuesday as Brazil officially slipped into recession and Mexico reported a slight drop in May inflation, boosting chances of an interest rate cut.
As talk of the United States' ability to keep its AAA rating resurfaced Wednesday, one analyst told CNBC that the impact could be prove a major drag on the strength of the dollar.