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Latin Trade

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Beach town: tips from the concierge at The Ritz-Carlton, San Juan Hotel, Spa and Casino.
Can you recommend a restaurant for a business lunch or dinner? The restaurant I normally would recommend, which is one of my favorites, is Pikallo. It is at The Museum of Art in Puerto Rico. It . . .

Border lines: the path to the American Dream is fraught with danger, mud and running in the dark.
Run, here comes the border patrol! Run, run! ... One's body simply reacts to the words in a nearly superhuman dash to get away. We jump into an open truck bed. Then we run as fast as possible . . .

The manager.
Anne Mulcahy had her work cut out. A one-time Xerox sates rep who worked her way up to senior management--including a stint covering South America and Central America--she was tapped to be CEO of . . .

Rough road ahead: Brazil wants faster growth, but it must deal with potholes, real and symbolic, to get there.
Growth has become something of an obsession in Brazil. After controlling inflation--an endemic problem for Brazil's economic past--and after stabilizing the economy, the new goal is . . .

Life after wartime: as Ecuador bids farewell to a U.S. anti-drug base, a town looks ahead to free trade.
The announcement by Ecuador President Rafael Correa that U.S. troops would leave the country's Manta air base by 2009 could be a worrying bit of news for the city that's home to the . . .

The future is now: Chile's long-term energy expansion strategy has global financiers and investors hopping southbound planes.
Chile's economic growth is expected to post more than 5% this year, a rate expected to stay steady or increase in the coming years. Accordingly, the government is moving to fix one of its main . . .

The new underclass: expanding an abusive U.S. guest-worker program is great business--and borderline slavery.
When was the last time you paid to work? Latin Americans seem to be doing just that under the current U.S. guest-worker program. Some are even paying with their lives. Eighty-two workers from . . .

Smarts for hire: near-shoring--the other face of outsourcing--can turn development into a brain game.
Three major trends are creating a new outlook for professional services in Latin America, specifically as they relate to information technology: Convergence of telecommunications, information . . .

The Reformer.
Fernando Henrique Cardoso, the former two-term president of Brazil and the last to hold office before the current president, Luiz Inacio Lula da Silva, is today the most influential voice in . . .

Newcomers.
Foreign workers abroad send home an estimated US$180 billion in the form of remittances--cash wire transfers sent home. Of that, $54 billion went just to Latin American countries, according to a . . .

Sign here.
Venezuelan President Hugo Chavez made good on his plans to nationalize major businesses. Yet instead of kicking foreign executives out of the country, he bought them out, striking deals with U.S. . . .

Outward bound.
Mexico by far sent more goods abroad than any other Latin American country in 2006. The country packed up and shipped out US$250.30 billion in exports last year. Brazil followed at $137.50 billion. . . .

Take a number.
The cruise business is booming in Buenos Aires, but experts say the port's infrastructure can't handle the traffic. The Benito Quinquela Martin Terminal, operated through a concession by . . .

Hedging bets.
The minerals boom is driving growth across the Peruvian economy--even bolstering the Lima Stock Exchange. Fear of nationalization during the recent election cycle pushed foreign companies to list . . .

Lowe.
LOWE'S, a U.S. home improvement chain, said it will open three to five stores in Monterrey, Mexico in 2009, an investment of US$18 to $20 million per store. The company expects to create 800 new . . .

Setting sail.
As cruise lines all over the world look for new destinations, Valparaiso--a hopping-off point for Chilean fjords, Cape Horn and Antarctica--is back on the international radar screen. Just eight . . .

Super trees.
As legislators in Brazil engage in screaming matches over the steady march of genetically modified corn into their fields from nearby Argentina, a Chilean joint venture is fast on its way to . . .

Grounded.
There were no mid-air explosions, no charred wreckage, no body bags. Yet the tailspin of Viasa, Venezuela's flagship carrier, was an airline disaster all the same. Thousands of passengers worldwide . . .

Burning rubber.
Brazil's auto industry is in high gear on a growing economy and stiff demand for Brazil-made vehicles abroad after several years of slumping exports. Foreign suppliers are following suit and . . .

The World Bank.
THE WORLD BANK, a multilateral lending institution, approved a US$126.7 million loan for Argentina to improve highways in Santa Fe province. Santa Fe accounts for 42% of Argentina's . . .

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