Peru
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Will Landers, BlackRock, explains why he believes investment prospects remain positive south of the border.
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WASHINGTON, Jan 24- A leading U.S. business group urged President Barack Obama on Thursday to build on trade successes of the past two years by seeking legislation that would allow him to submit trade deals to Congress for straight up-or-down votes without amendments.
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LIMA, Jan 24- Workers at the main units of Southern Copper Corp in Peru will try to negotiate a new wage plan with the miner for another 15 days and refrain from going on strike for now, union leader Ricardo Juarez said on Thursday. A Southern Copper official declined immediate comment.
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FRANKFURT, Jan 24- A top Bundesbank official signalled a break in the Germany central bank's long-held opposition to the use of capital controls as a foreign exchange tool on Thursday, saying limited use could sometimes be appropriate.
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*Antwerp building 340 mln euro lock, ready for 2016. ANTWERP, Belgium, Jan 24- Belgium is building the world's largest lock- as wide as a 19- lane highway- ready to welcome the latest generation of giant ships after Europe's brace of new trade deals.
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FRANKFURT, Jan 24- One of the Bundesbank's top officials on Thursday signalled a break in the Germany central bank's long-held opposition to the regulation of capital flows, saying limited use of controls could sometimes be appropriate.
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SANTIAGO, Jan 16- Chile- based LAN said it will temporarily ground its three Boeing 787 Dreamliners following a safety warning issued on Wednesday by the U.S. Federal Aviation Administration. The airline uses its Boeing 787 s on routes to Los Angeles, Lima and Buenos Aires.
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James Lockhart Smith, head of Latin America at Maplecroft, tells CNBC that Brazil has some real problems with its growth story, including a high cost of doing business.
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WASHINGTON, Jan 15- The United States said on Tuesday it plans to negotiate an agreement with the European Union, Japan and 18 other economies to remove trade and investment barriers in services ranging from finance to express delivery. Big emerging countries like China, India, Brazil and Russia have shunned the talks.
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Latin American markets have been a prime target for Spanish companies because of their language advantage, and giants such as Telefonica and Banco Santander have increased their exposure there to compensate for problems in their domestic market.
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"In 2007, Spain was our primary market, but that froze in 2009," he said. " Realsec points to a glimmer of hope for the euro zone's fourth largest economy, even though the International Monetary Fund expects Spain to remain in recession through much of 2013. As domestic demand has slumped, some companies have converted themselves into exporters.
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Trade Representative's office is expected to notify Congress soon of its plan to enter into talks with the European Union and more than a dozen other countries on a pact to tear down barriers to trade in finance and other service industry sectors, industry officials said on Monday.
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*LME copper may retrace to $7,970/ T- technicals. SINGAPORE, Jan 4- London copper lost 1 percent on Friday, extending losses from the previous session as the euphoria surrounding the U.S. fiscal deal fizzled and investors turned their focus to the uncertain global economic recovery.
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SINGAPORE, Jan 4- London copper fell on Friday, extending losses from the previous session when U.S. *The most-traded April copper contract on the Shanghai Futures Exchange gained 0.9 percent to 58,360 yuan a tonne, in the first trading session of 2013..
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NEW YORK, Jan 3- With its low cost of living, balmy climate and cheap property prices, Ecuador has been ranked the top foreign retirement destination for North Americans for the fifth consecutive year.
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*Major funds were underweight Mexico, had favored Brazil. BOSTON, Jan 2- The two biggest financial markets in Latin America swapped their long-held roles in 2012, with Mexico surging ahead and Brazil lagging, catching many U.S. fund investors in the region off guard.
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*Investors bet Washington to clinch deal to avert cliff. LONDON, Dec 24- Copper inched down on Monday, after posting its biggest weekly drop in more than six months, as the Christmas holiday lull set in across markets and uncertainty about the U.S. fiscal talks weighed on the outlook for industrial metals.
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*Investors bet Washington to clinch deal to avert cliff. LONDON, Dec 24- Copper was steady on Monday, after posting its biggest weekly drop in more than six months, as the Christmas holiday lull set in across markets and uncertainty about the U.S. fiscal talks kept prices trapped in a tight range.
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LIMA, Dec 22- Peru will launch an aggressive plan to prepay up to $1.5 billion in debt in 2013 to try to stem the Peruvian sol's appreciation by soaking up foreign currency in the local market, Finance Minister Luis Miguel Castilla said on Saturday.
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SINGAPORE, Dec 21- London copper edged up on Friday, but remained near a three-week low hit in the previous session as a mixed bag of U.S. economic data and uncertainty on whether the world's top economy could avoid an imminent fiscal calamity continued to drag.
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*Enersis positioned as leading regional energy group. SANTIAGO, Dec 20- Shareholders of Chile's Enersis on Thursday approved a controversial planned capital increase of nearly $6 billion, the biggest in the country's history, that will position Enersis as the region's leading energy group.