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.
The global economy has crashed and so has the price of oil. The same countries that used billions from crude exports to subsidize gasoline at home, even as prices hit record highs elsewhere in the world, are now under tremendous strain.
A Caribbean hotelier is offering investors stressed out by the financial meltdown a chance to swap their sinking stocks for sun-drenched beach vacations.
In the spirit of the Beijing Olympics set to begin on Friday, we thought it would be fun to apply a CNBC twist to the summer games. Which World Market Index is poised to win the gold?
As the second quarter begins, and uncertainty in the U.S. market prevails, investors might want to start looking south for some opportunities. For the first quarter, Latin American indices were amongst the best performers around the globe.
Change has come to Colombia. The South American nation was not so long ago synonymous with narcotics trafficking, violent revolutionary groups and shocking assassinations of prosecutors and judges.
Stocks in Argentina, Brazil, Columbia and Mexico are posting big gains.
Tiger Woods and Ernie Els go toe-to-toe at this weekend's U.S. Open near Pittsburgh, but the golf greats are partners in a real estate development in the Bahamas, CNBC's Scott Wapner reports.The new community for the super-rich, backed by the private equity firm Tavistock Group, offers 350 homes and luxury apartments ranging in price from $4 million to $20 million.
A booming housing market, a surge in direct foreign investment and new investment laws are driving both the economy and the stock market.