Cabin fever.
Cidade do Sexo (City of Sex), the brainchild of Igor de Vetyemy, is
still only on paper. Yet is has Rio de Janeiro in an uproar. Praised by
Rio Mayor Cesar Maia, the architecturally significant . . .
Closed doors.
CLOSED DOORS is Latin America protectionist? It depends on whom you
ask. Despite the region's rapid liberalization of trade, there are
those who say the region still has a long way to go. They . . .
News of the world.
When your name sits at the top of a publication's masthead,
you get a lot of questions. One of the most common in recent months has
been: "So, what's going to happen next." Honestly, I have
no . . .
Nicaragua: moving forward.(INDICATORS)
Nicaragua seems to be in shape ahead of the free trade deal between
the United States, the Dominican Republic and four Central American
countries, known as DR-Cafta. According to the International . . .
China: a strong hand.(INDICATORS)(Brief article)
The Latin American economic boom has a lot to do with China's
own growth story. The Asian powerhouse, not surprisingly, is looking for
ways to increase its links with the region. Latin America . . .
Beans to Beijing.(Cooxupe)
BEANS TO BEIJING Seventy-six year old Carlos Paulino has never been
to China--nor does he plan to visit anytime soon. Nevertheless, when the
chance arose, he plunked down US$130,000 to invest in a . . .
America Movil.
AMERICA MOVIL, a Mexican wireless telecom, sold the peso-equivalent
of US$739 million in 30-year bonds. The money will go toward the
company's $3.24 billion investment program for . . .
Events.(AGENDA)
12TH ANNUAL BRAVO BUSINESS AWARDS
Recognizing Outstanding Leadership in Latin America
October 26-27, 2006
Coral Gables, Florida, USA
The Biltmore Hotel
For more information,
please . . .
Latin trade index.(INDICATORS)
February '06
% CHANGE
FEBRUARY '06/'05
Total trade US$ 74.9 billion 21.7%
Exports US$ 39.6 billion 22.6%
Imports US$ 35.3 billion . . .
The International Finance Corporation (IFC).(COLOMBIA)
THE INTERNATIONAL FINANCE CORPORATION (IFC), the private-sector arm
of the World Bank, will buy up to US$15 million in stock of Grupo
Petrotesting, a Colombian oil and gas company. The IFC said the . . .
Liquid focus.(Mate)
Mate, by far the most popular drink in Argentina and as Argentine,
culturally, as a good steak or tango, has taken its time to make a
public appearance in Buenos Aires. Although the government . . .
ICA Fluor.
ICA FLUOR, a Mexican-U.S. construction and engineering firm, signed
a US$90 million contract to build an offshore housing facility for
Pemex, Mexico's state-owned oil company. The project will . . .
Ancient ice.(POINT OF VIEW)(Brief article)
Are the world's great ice sheets disappearing? Scientists know
the world's seas are without a doubt rising by three millimeters a
year, but the latest decade-long study from the U.S. space agency . . .
Rest of the World.(economic indicators)(Statistical
table)
Rest of the World
GDP
% change on year ago
LT forecast
latest 2005E . . .
The Inter-American Development Bank.(REGIONAL)
THE INTER-AMERICAN DEVELOPMENT BANK, a multilateral lending
institution, approved a US$280 million loan to improve the . . .
Chavez uber alles.
Firebrand Hugo Chavez, talking non-stop and wearing his trademark
bright red shirt, vanquished his only serious challenger to retake the
presidency of Venezuela. Almost immediately, he began visits . . .
Tuning in.
TUNING IN Televisa CEO Emilio Azcarraga Jean so hungers for a
bigger piece of the lucrative U.S. Hispanic television market that he
put US$1 billion on the table to expand his Mexican media empire . . .
Rich friends.
Brazil is taking on an even higher profile among the world's
biggest financial institutions, particularly among those serving the
wealthy. Swiss bank UBS, having gotten approval from regulators, . . .
Privatizations.
PRIVATIZATIONS
SECTOR PROJECT DESCRIPTION
AVIATION
CHILE Region IX airport Concession to build and operate
COLOMBIA El Embrujo Airport . . .
Latin America and the Caribbean.(INDICATORS)(Statistical
table)
Latin America and the Caribbean
GDP Industrial Unemployment
% change on year ago production % rate
. . .
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