The Ministry of Transport and Public Works of
Uruguay.(LOGISTICS)
THE MINISTRY OF TRANSPORT AND PUBLIC WORKS OF URUGUAY has approved
a US$254 million private investment in a port and real estate complex in
Punta del Este, including a recreation-oriented port with . . .
MasterCard Europe.(CAREERS)
JAVIER PEREZ has been named president of MasterCard Europe. Perez
reports to Alan Heuer, chief operating officer, and has responsibility
for the 53 countries in Europe. Since 2004, Perez has been . . .
Strategic Hotels & Resorts.(TRAVEL)(Strategic Hotel Capital
Ltd.)(Brief article)
STRATEGIC HOTELS & RESORTS, a U.S. luxury hotel investment
company, bought US$29.5 million in land from La Solana Hoteles Villas, a
Mexican hotel operator. The deal gives Strategic Hotels & . . .
DaimlerChrysler.(COMPANIES)
DAIMLERCHRYSLER, a German-U.S. automobile manufacturer, will invest
US$1 billion in its Mexican operations. The company will make
improvements to a plant in Toluca as well as build new industrial . . .
Into the sunset.(EDITOR'S NOTE)(Vicente
Fox)(Editorial)(Brief article)
Mexican President Vicente Fox is a man caught in the middle. In the
middle of politics (reform versus a recalcitrant Congress); the middle
of economics (as most emerging countries boom, Mexico . . .
Ahead of the game.(governments' external debt and payments
management)(Brief article)
Latin America's external debt in relation to economic output
has steadily plunged since early 2003.
Getting out of debt is good for domestic governments since taking
off the pressure of debt . . .
Bare essentials.(Latin America)(Brief Article)
Demonstrations--common on the streets of Latin America and
historically violent--have taken a turn for the burlesque. Knowing that
it's often better to be seen than heard, rural Mexican . . .
Events.(Calendar)
ANNUAL NATIONAL OIL COMPANIES SUMMIT
Sept. 1-2
The Hague, The Netherlands
Contact: Jerry Van Gessel
Tel: [31](70) 324-6154
Fax: [31](70) 324-1741
jerry@glopac.com
www.petro21.com
. . .
Privatizations.(Latin America)
PRIVATIZATIONS
SECTOR PROJECT DESCRIPTION
AVIATION
CHILE Region IX airport Concession to build and
. . .
Charging ahead.(consumer credit of Mexico)(Brief Article)
Consumer credit in Mexico grew just shy of 50% to hit US$23.30
billion during the first quarter of 2005, compared with the same period
a year earlier, according to the Central Bank of Mexico.
. . .
Rest of the world.(countries other than Latin America)
Rest of the World
GDP
% change on year ago
LT forecast
latest 2004 2005F . . .
Latin Trade index.(INDICATORS)
LATIN TRADE Index
% CHANGE
March '05 MARCH'05/'04
Total trade US$ 71.2 billion 12.7%
Exports US$ 38.0 billion 12.9%
Imports US$ . . .
Latin America and the Caribbean.(economical aspects )
Latin America and the Caribbean
GDP
% change on year ago
LT Consensus Forecast *
latest . . .
Honduras: growing pains.(Honduras economic and political
scenario)(Brief Article)
Hondurans will pick a president in November. Whoever wins will
inherit a growing economy--and inflation rate.
Fed by a steady dose of remittances and a larger tax base, the
economy grew 5% in . . .
The Andean Development Corporation (CAF), a multilateral lending
institution, approved US$174.7 million in loans for
Colombia.(C
THE ANDEAN DEVELOPMENT CORPORATION (CAF), a multilateral lending
institution, approved US$174.7 million in loans for Colombia. The credit
will finance healthcare for infants and other public . . .
The World Bank, a multilateral lending institution, approved a
US$502.5 million loan for Brazil to support housing-sector
reform
THE WORLD BANK, a multilateral lending institution, approved a
US$502.5 million loan for Brazil to support housing-sector reforms. The
17-year lending facility will help low-income families buy . . .
The World Bank, a multilateral lending institution, approved a
US$658.3 million loan for Brazil.(BRAZIL)
THE WORLD BANK, a multilateral lending institution, approved a
US$658.3 million loan for Brazil. Proceeds will help finance fiscal and
social security reforms. The 17-year loan will carry a . . .
The World Bank, a multilateral lending institution, approved a
US$150 million loan for Argentina.(ARGENTINA)
THE WORLD BANK, a multilateral lending institution, approved a
US$150 million loan for Argentina, which will use the funds to support
highway investments in Chubut, Corrientes, Cordoba, Entre Rios, . . .
Alexander.(BRIEF CASE)
Oliver Stone directed the latest film adaptation of the life of
Alexander the Great, who expanded the Greek empire to India during the
fourth century B.C. Colin Farrell portrays the young conqueror . . .
Outsourcing America.(BRIEF CASE)
Shuffling U.S. jobs abroad has translated into huge savings for
corporate America. And the trend is far from over. Some say another 14
million administrative posts will vanish. How far could . . .
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