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Bank Robbery exposes continued security flaws in Brazil

Near midnight on a Saturday a group of men in overalls entered a bank in the Brazilian equivalent of Wall Street, saluted the guard and said they were there to fix the alarm. More than 10 hours later they had perpetrated one of the largest bank robberies in Brazil, pouring more than 100 safety boxes be a billionaire booty rubies, Colombian emeralds, antique Rolex watches and cash. No alarms sounded and the guards offered no resistance. The thieves were so relaxed, in fact, it was reported that fast food and then asked the wrappers left with his tools: a set of drills, a torch and a chainsaw. Read Article

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Chinese market owners making inroads into Cordoba, Argentina

Shopkeepers are concerned and no wonder. It iss that in the neighborhoods, in the center and in most inner cities of the province, the Chinese supermarket competition is becoming stronger. La batalla recién comienza, So are armed with new marketing strategies to survive in a market in which-landed almost daily, new rivals. The tactic to […]

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Argentina telling Argentines not to purchase dollars

The Central Bank took several measures to prevent the Argentines continue with the acquisition of the U.S. currency.The national government had yesterday to market $ 140 million to prevent the U.S. currency rises. The draft budget presented by the Executive in the House of Representatives next year estimated that the dollar exchange rate for 2012 […]

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Mexico wants to strenghten protection against unfair trade practices of Chinese

The federal government said he wants to strengthen the protection against unfair foreign trade practices of Chinese enterprises, for which he proposed an increase of 45% of the budget of the International Trade Practices Unit (UPCI) and promotes legislative changes to give it greater attributions. Read Article

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Russia to begin oil exploration drilling in Cuba, to begin April 2012

Russian oil exploration drilling will begin next April in Cuba Gazprom Neft oil project involved in Cuba’s economic zone in the Gulf of Mexico Gazpromneft work in offshore Equatorial Guinea and Cuba. The Russian company Gazprom Neft begin exploratory drilling oil field in Cuba next April, said the director of geology and development of the […]

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BlackBerry Bold 9900 comes to Colombia

This phone works with the new BlackBerry OS 7. The country is offered by the operator Comcel.Six months after being introduced on the BlackBerry World 2011 in Orlando (USA). Comcel and Research In Motion (RIM) launched on Thursday in Colombia the new smartphone BlackBerry Bold 9900. This is the thinnest BlackBerry market (10.5mm) and the […]

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Argentina to export 400,000 tons of wheat

he Government next week will release about 400 thousand tons of wheat for export, he announced today the Secretary of Agriculture, Oscar Solis, and said that, simultaneously, be asked to elevators, cooperatives, and producers to declare the amount of available physical goods this cereal. “Anything over 1.2 million tons, which is what is needed to […]

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Paraguay, threat of airport strike impacting tourism

Several tourists cancel trips TO THREAT OF UNION Airport strike threat already affecting tourism businesses While TAM said its services will not be affected, Asatur is concerned about the effects of the strike. Asatur, worried about the effect that the measure of force generated by the tourists, some of which have already canceled their trips. […]

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Air France begins non stop service from Paris to Cancun Mexico

The first direct flight from Paris-Cancun route, a modern Boeing 777-300 aircraft, of Air France, with capacity for 472 passengers, was received by the governor of Quintana Roo, Roberto Borge Angulo. After greeting the first passengers descended from the aircraft that arrived at the position 33 of the Terminal 3 at Cancun International Airport, the […]

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Brazil hopes for new highway linking Cochabamba and Beni after cancellation of TIPNIS

Aborted highway project through TIPNIS, now Brazil’s government hopes the highway linking the departments of Cochabamba and Beni is realized at the mercy of an alternative route that satisfies all stakeholders. The construction of the road, valued three years ago at $ 415 million was awarded, precisely in 2008, Brazil’s OAS on the basis of […]

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Ecuador’s antitrust policy

THE ECONOMIST: WITHIN months of becoming Ecuador’s president in 2007, Rafael Correa (pictured) announced that he was working on antitrust legislation, pointing out that Ecuador was one of the few countries in South America without such a law. This August he introduced a bill that aimed to increase the market share of small and mid-sized […]

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Tourism in Algodones, Mexico down 50 percent

According to Lacronica.com, the influx of U.S. residents visiting for medical tourism to the town of Algodones, is up to 50% lower compared to 2010. Jorge Guzman, who sells silver jewelry in the city center, said that at this time, but last year, had to travel a thousand people and today there are only 200 […]

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Chinese Mafia in Argentina

In the anti-Chinese western media like to talk about “Chinese mafia” to create a bad image of the great emerging power. Meanwhile, “pro-Chinese” (those who do good business with China) prefer to avoid that word. Yuri Doudchitzky of Zaichina, tells us not mince words how the oriental underworld does exist and is out of control […]

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Mexico military discovers elements of apparent fake army near border with U.S.

Abandoned vehicle and found military tactical gear, solar cells, gun and other implements. False fleeing military to be discovered by members of the National Defense Secretariat, leaving behind a pickup truck, late model, and within the unit had tactical gear, military style remote tracking equipment, solar cells, devices radio communication, marijuana residue, a kind weapon […]

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Sunglasses sold by street vendors in Maracaibo, Venezuela pose vision risks

“These lenses may cause eyestrain, headaches, meaty and lens opacity (cataract). This is worn by absorbing the sun’s rays directly, and having a filter, blocking the rays to the lens and cataract occurs “. The retina can degenerate, although no disease prescribed by sun exposure there. “These lenses distort the image and the eye strives […]

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Venezuela and Iran relations have grown beyond historical oil interests

With the coming to power of Hugo Chavez in relations between Iran and Venezuela have grown beyond the historical oil interests. Since 2005, when Mahmoud Ahmadinejad became president, both countries stand together in defiance of Western conventions. Since Hugo Chavez took office began a steady rapprochement with Iran. From 1999 to 2007 were signed 86 […]

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Survey indicates Argentines among the most optimistic during time of crisis

The Argentines, among the most optimistic response to the crisis 10/21/11 00:00 50% of respondents positively assessed the current economic situation, but that percentage is reduced when one inquires about its soundness in the future, according to an Ipsos survey conducted in 24 countries around the globe. Brazilians also are The survey, which takes place […]

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80 border crossings used by drug traffickers between Paraguay and Argentina

There are over 80 border crossings used by traffickers. Until the end of August there were 650 drug raids. Seized 25 tons of cannabis and arrested 42 people. 90% of prison inmates Candelaria are “mules”. At that time the Paraná mirror reflects only shade, water boatmen earn sheer necessity. Rowing load hurry and fear, unable […]

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Average earnings in Mexico, 8,605 pesos a month

The economic sectors with the highest incomes were the corporate address 584 000 643 pesos, followed by financial services and insurance 519 000 697 weights and mass media with 349 000 422 pesos. This, according to figures from National Accounts System of Mexico 2006-2010. As expected, low-paying sectors were agriculture, livestock and forest harvesting, fishing […]

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Artichoke exports from Peru reach $150 million

During the last 10 years, sale levels for artichoke placed Peru among the 2 most important exporters in the world, with numbers reaching US$150 million of sales per year. At present, the main markets supplied by Peruvian artichoke are the United States and Spain, followed by France, Italy, Belgium, Luxembourg and the Netherlands, among others. […]

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Onyx looking for solar projects in Peru

The president of US-based alternative energy specialist Onyx Service & Solutions, Malcolm Burleson, left for Peru today to further the company’s strategic business plan of developing solar power projects in Latin America and the Caribbean. ONYX is currently in the hunt to develop a municipal solar power project for the city of Lima, the country’s […]

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Peru lifts ban on cotton imports from India

he Service of Agrarian Health ( SENASA ) restored today the issuance of permits for import of plant fibers not carded or combed cotton in India, which had been banned for several months. Sanitary permits were suspended on August 23 this year for 120 calendar days, but according to a decision released today, stands the […]

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Ciudad Guayana, Venezuela’s planned city from the 1960’s in anguish

In early 1960, a group of U.S. planners arrived in southeastern Venezuela to design an industrial city imagining it as the “Pittsburgh of the tropics”, at the confluence of two rivers and vast resources minerals. But 50 years later, Ciudad Guayana, the only planned city in the country, nestled between the Orinoco and Caroni, with […]

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Brazil Labor Minister states not enough jobs being created

The Labor Minister Carlos Lupi, attributed to the processing industry to reduce the generation of jobs in September. This compared with the same month last year. Commenting on the behavior of the creation and disappearance of jobs in the ninth month of this year, Lupi said that economic sector lost 30,000 jobs in September, which […]

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Airline industry in Ecuador is not competitive (Interview)

Interview of the day to Raul Garcia, president of the Chamber of Tourism In recent months there have been problems in the aviation industry: aircraft damage, delayed flights, etc.. The answers are lack of space at the airport and weather conditions. What is your reading on what is happening? Connectivity is the word of the […]

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Ecuador confirms loan of 575 million usd from China for construction of hydroelectric project

Ecuador signed a loan for about $ 571 million with China Eximbank to finance part of the construction of a hydroelectric key to the Andean nation, increasing the million-dollar debt it has with the Asian giant. The loan will complement the investment of 672.1 million dollars that the project costs Blower, located between the provinces […]

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Cacao exports from Honduras to Swiss factoris, $1.5 million

The president of the Cocoa Producers’ Association of Honduras (APROCACAHO), Anibal Ayala, reported today that the country exported 40 tons of cocoa in Swiss factories, which generate an income of $ 1.5 million.The Honduran chocolate, highly prized for its high quality grain to be processed organically, have a gain of $ 1.16 per kilo due […]

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Ecuador, economic numbers not good for the economy per chamber president

The night of Thursday, the anniversary ceremony of the 75 years of the Chamber of Industries and Production, the president of the National Business Association of Colombia (ANDI), Luis Carlos Villegas, was blunt in his advice on how a country should be inserted in the global context and make the most. “Globalization gives greater freedom […]

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Largest clandestine market in Latin America, La Salada, Argentina

The numbers are not surprising but nonetheless impact: the largest illegal trade fair in the country and Latin America, which employs 7 000 people and has nearly 39 thousand jobs and bill “between 150 and 200 million pesos.” Currently, the Salada houses about 30 000 jobs about 3 or 4 m2, and each tenant must […]

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Chilean company conducting feasibility of short sea shipping in Central America

Chilean consulting firm INECON Ingenieros y Economistas Consultores, S.A., will be responsible for developing the “Feasibility Study for Development of Short Sea Shipping in Mesoamerica” __(SSS), after being chosen for obtaining the highest technical score. Based on the policy of the Inter-American Development Bank (IDB) for the selection and hiring of consultants financed by the […]

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Ecuador’s government minimizes impact of import license fees for vehicles

The official response to the automotive concern about the impact of the licensing regime came yesterday through the Coordinating Minister of Production, Nathalie Cely, and Industry, Verónica Sion. Both officials denied a negative impact as reported in this week’s associations. On Monday, Clemente Ponce, executive director of the Automotive Business Association of Ecuador (SFDA), said […]

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(Trade Issues with U.S.) Ecuador has twenty months to seek alternative to ATPDEA

Although the export sector sees as positive the renewal of the Andean Trade Preferences Act (ATPDEA), the concern now is how to prepare for this system, once completed in July 2013 definitely. “It is gratifying to know that at least we have this extension until July 2013, which gives us almost two years to achieve […]

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Ecuador trade balance with China in the negative, Banana sales down significantly

The tendency of business to China is still the same, according to figures from the past three years. In Ecuador is still increasing number of imported products it sold. Between January and July this year, China sold $ 116.3 million, according to the Ecuadorian Federation of Exporters (FEDEXPOR). This facing 1212.5 million, which were imported […]

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Taiwan company to build two liquid screen factories in Braizl

The Taiwanese company Foxconn announced that only finalize details needed to set up two factories in liquid screens in the country. Meanwhile, on Friday the Minister of Science and Technology, Aloízio Mercadante reported that negotiations are so advanced that the Asian company talks with several regional governments to choose the region where the first factory […]

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Peru, increase in tire imports from China

Peru conducted from January to August last tire imports worth more than $ 24 million, 17 percent compared with same period in 2010, reported the Lima Chamber of Commerce. As reported by the business association in the same period recorded business transactions from 546,000 to buy tires, which represented an increase of 9 percent over […]

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Brazil receives trash from U.S. hospital, under investigation

Brazil received in three days, two containers with 46 tons of trash from the U.S. hospital in the port of Suape, near Recife (Pernambuco state, northeast), said Friday customs inspection to the Brazilian press.Waste (gloves, masks, syringes, surgical pajamas, sheets and dirty towels, etc.) were imported by the Brazilian company clothing Capibaribe-Santa Cruz in textile […]

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Venezuela, Chavez wants review of Coca Cola and Pepsi’s water business

Hugo Chavez asked the authorities a quick review of the control you have companies like Coca Cola and Pepsi Cola on the distribution of drinking water in Venezuela. Statement that has privatized the water sector and said it would take urgent action. For they opened a distribution of mineral water 65% cheaper than that offered […]

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Venezuela, baseball also impacted by inflation

In Venezuela, nothing and no one seems to escape inflation. This time, baseball is the one that presents a significant rise in the price of match tickets, which go up in different percentages depending on the equipment. In Venezuela, nothing and no one seems to escape inflation. This time, baseball is the one that presents […]

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Eight countries in Latin America score best for current global business environment

Eight of the top 12 countries with the best global business environment for microfinance in Latin America are, according to a report released today by the XIV Inter-American Forum on Microenterprise (Foromic 2011). The event, which meets in the capital of Costa Rica, attended by a dozen countries in the region called by the Inter-American […]

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Container company moves first pork shipments from Chile to China

The Chinese-Chilean container carrier China Shipping (Chile) Agency S.A. took part in the first cooperation agreement with Agrosuper in the latter’s first export shipment of pork meat to the Chinese market, one of the main consumers of this food worldwide. The 150 ton shipment deployed headed for the port of Tianjin from the TPS terminal […]

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Chile pushing technology service exports

Chile, the third user of the Panama Canal after U.S. and China, has begun to promote the export of a new product services. Traditionally the South American country has dominated the export of goods such as copper, fruit, wine and salmon, many of which pass through the Canal. Now the government of that country, through […]

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Ecuadorian immigrants in Spain losing homes to foreclosures

The economic crisis has led to fire the number of evictions in Spain, a problem that affects tens of thousands of people, many of them Latin American immigrants, and only in the second quarter of 2011 has left nearly 16,500 new victims. Among the many affected by evictions are thousands of Ecuadorian immigrants, a situation […]

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Mexico continues as largest market for Citibank in Latin America

Mexico continues as the leading country for Citibank in Latin America, although Banamex profits in the last two quarters show a significant decrease versus the comparable prior periods. According to figures from the National Banking and Securities Commission (NBSC), from January to March this year compared to same period previous earnings of the second largest […]

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75% of Airline tickets in Mexico are for fees

The aviation industry in Mexico faces a high cost structure , which affects the domestic tourism is not quite competitive with other countries, according to the National Airborne (Canaero ). One example is that of the total amount paid by a passenger for an airline ticket, an average of 70 to 75% are fees and […]

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China replaces U.S. as largest trading partner with Peru

China is set to replace the United States this year as Peru’s biggest trade partner, said Jorge Chian, the economic and trade advisor at Peru’s Embassy in Beijing. In the first seven months of 2011, Peru’s exports to China grew by 30 percent and placed it above the United States, state news agency Andina reported. […]

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MAERSK Container begins operations in Puerto Bolivar, Ecuador

The large multinational shipping company Maersk Container Walvis Bay, begins operations today in the port terminal of Puerto Bolivar. Maersk, which has a capacity of 350 TEUs; 17 000 280 tons of crude and 160.9 meters Slor arrived yesterday afternoon from 06:00 today docks at Port Authority docks. Read Article

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20 containers of rice daily being smuggled from Honduras into El Salvador

At least 20 containers loaded with rice, apparently from the brotherly country of El Salvador, daily entering illegally in Honduras, so the authorities of the Ministry Agriculture and Livestock (SAG) and the Executive Directorate of Revenue ( DEI), demonstrated “on alert” in order to curb smuggling of the grain. It is estimated that in Honduras, […]

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Buenaventura and Tumaco, ports of oblivion in Colombia

Buenaventura is accustomed to violent death and, ultimately, increases the number of bodies, because there are vendettas between the FARC and a band called ‘the Company’, composed of former guerrillas and former paramilitaries, who decided to steal a packet of dollars (product of other packages coca), which claims ‘Mincho’, leader of the front 30. Read […]

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Cuba lifts ban on buying, selling cars

Cuba has authorised auto sales among individuals easing a 50-year-old ban that has helped make the island a living museum of vintage cars.Until now, Cubans have only been permitted to sell each other vehicles built before the country’s 1959 revolution, which has given long life to the U.S chrome and fin-tail antiques that swarmed pre-revolutionary […]

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Nissan plans 1.5 billion investment in auto factory in Brazil

Japan’s number two automaker plans to invest US$1.5 billion to build a factory in Brazil that might produce electric cars. “They’re talking about producing 220,000 cars per year … budget cars, electric cars, three or four models” and the most likely sites for the plant are in Rio de Janeiro state. An official announcement is […]

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El Salvador, steep hurdles for local industry

An analysis of the Salvadorian industrial sector identified the following as monumental obstacles in the development of a prosperous and healthy economy: • Low productivity; low technological content • Scarce innovation • High productivity costs; inputs, labor costs, and physical capital • International economic conditions • Limited financing of the industrial sector • Institutional deficiencies […]

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World Bank concerned with China – Latin America relations

China is the undisputed new actor in international politics. It is not only courted the country to come to the aid of the dying economy of European countries, but its policy is becoming more welcome in a world that watches American decline accelerates and Western. China’s foreign policy is the implementation of a political and […]

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Telefonica Chairman dismisses idea that Latin America is near a speculative bubble

Telefonica Chairman Cesar Alierta, today dismissed the possibility that Latin America has gestated a speculative bubble. “There is none at all. The ratings are still below their potential, “said the chief executive of the operator during his speech at the opening ceremony of the XII Latibex Forum, organized by Spanish Stock Exchanges and Markets (BME). […]

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U.S. energy companies to invest 800 million dollars in Argentina

Argentina’s President Cristina Fernandez met in New York with leaders of American energy companies Exxon Mobil, the world’s largest oil-and AES, which have revealed that the president plans a multimillion-dollar investment of 800 million. Argentine Planning Minister Julio de Vido said the plan means that Exxon, as the Argentine government has known Mark Alberts, president […]

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Foreign investment continues to increase in Colombia’s mining sector

Foreign investment in Colombia’s mining sector totaled 9.763 million pesos (2.345 million euros) between January and August over the previous year. The country’s president, expects to exceed the 2008 record when he collected more than 3,000 million euros. This represents an increase of 51% compared to same period in 2010. Thus, the Andean nation has […]

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Brazil banking strike threatens financial sector

Employees of private and public banking sector in Brazil have launched a general strike aimed at pressuring the sector employer to receive better wages. The conflict threatens to halt for an indefinite period the Brazilian financial sector. Unemployment, general and indefinite, has been convened by the National Confederation of Workers of Finance Branch, the union […]

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Venezuela, Chavez expropriates private ferry company on Margarita Island

Venezuelan President Hugo Chavez, has re-signed an expropriation order for a private company. After nationalizing the gold industry and expel the Irish Smurfit Kappa de Venezuela, it is the turn of the Ferry Company Consolidated (Conferry). According to the president himself announced, the company, which operates on the resort island Margarita, northwest of the country, […]

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Hilton Worldwide announces expansion plans for Latin America

Hilton Worldwide confirmed this week at the South America Hotel & Tourism Investment Conference hosted by HVS Argentina (SAHIC 2011) in Santiago, Chile, that the company’s expansion plans in Latin America are stronger than ever in the company’s 93-year history. As conference patrons, Hilton Worldwide is committed to cementing its focus on Latin America as […]

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Yellow Dragon outbreak detected in Nuevo Leon, Mexico

The bacteria Candidatus Liberibacter, known as “yellow dragon” which destroys citrus alerted health departments throughout the country to detect early outbreaks in Nuevo Leon and jeopardize the more than 520 000 hectares of Mexico citrus trees of which 42 000 are in Tamaulipas.Read Article

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Brazil, demonstration plant to test new way to manufacture pig iron

Brazilian diversified mining group Vale, the world’s second largest miner in terms of market capitalisation, has announced that it has started up a demonstration plant to test and further develop a unique Brazilian technology which can produce pig iron without using a traditional blast furnace. Read Article

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LatinAmericaCurrentEvents.com announces new research/intelligence tool for Latin America

If you are involved in any type of business, organization, intelligence or research involving Latin America you will find LATINAMERICACURRENTEVENTS.COM’S soon to be released research tool to be invaluable in your work. Take your research and area expertise to the next level. Version one will shortly be made available to the public via an annual […]

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Mexico, income increases in non-financial services

The income of private non-financial services in Mexico registered a real growth of 6.8 percent in July 2011, to settle at 124.8 points, while at the same month a year earlier had been only 116.8 points , reported the National Institute of Statistics and Geography (INEGI). In a statement, the agency said the increase is […]

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Monsanto increases activities in Puerto Rico

The US-based Monsanto company, the world’s biggest seed company and undisputed world leader in agricultural biotechnology, announced in June 2011 that it would increase its activities in Puerto Rico. Specifically, the corporation is investing $4.3 million in the construction of a 20,000-square foot laboratory for corn and cotton seed development in the southern municipality of […]

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Ecuador, 500,000 Panama hats exported annually, most from Cuenca

The famous “Panama” hat, straw, white, and black bands that have spread throughout the Caribbean, originated thousands of miles away in Cuenca, a city of Ecuador in the Andes and embedded 2,500 meters above sea level. Read Article

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Mexico, plastics industry to grow 9 percent in 2011

The plastics industry expects to end 2011 with investment of 800 million billion dollars, that is, 200 million more than last year and a growth of 9 percent, and was announced by Eduardo Martínez, president of the National Plastic Industries Association (ANIPAC). He explained that Mexico produces annually about 8.7 million tons of plastic, but […]

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China to loan Caribbean countries one billion dollars for infrastructure

China announced on Monday it will provide $1 billion in loans to Caribbean countries to finance infrastructure projects as it deepens ties in a region historically linked with the United States. The loans will be made available through the state-run China Development Bank, China’s Vice Premier Wang Qishan told a meeting of Caribbean and Chinese […]

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Argentina, transgenic soybean and glyphosate risks

Glyphosate, an agrochemical developed by Monsanto to control weeds in soybean, presents several risks to human health, toxicity, carcinogenic and reproductive effects, mutagenic action and food contamination. The herbicides marketed in Argentina incorporated within the formula to glyphosate, the reason that some GM crops, such as soybeans are genetically engineered to develop a resistance to […]

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Credit card cloning serious problem in Honduras, employees of establishments often in on scam

Cardholders in Honduras are not only exposed to cyber gangs who clone the “plastic money”, but also to employees of many commercial establishments that allowed irresponsible card payments without requiring the client to present their respective identification card. Read Article

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103 tonnes of catfish grown annually in Chihuahua

Chihuahua, about 103 tonnes of catfish are grown annually in the state of Chihuahua, which accounts for 3 percent of national output that reaches 3 000 384 tonnes, according to the National Commission of Aquaculture and Fisheries (CONAPESCA).Read Article

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U.S. ambassador explains corruption in cable released by WIKILEAKS concerning Brazil

EMOL.com reported that U.S. ambassador to Brazil, Thomas Shannon, said the country suffered from “widespread corruption” in a diplomatic cable written over a year and a half, during the government of Luiz Inacio Lula da Silva, recently released by the WikiLeaks site. “The persistent and widespread corruption affects all three branches of government,” Shannon wrote […]

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Colombian company reaches accord with Brazilian firm in providing 4G

UNE EPM Telecomunicaciones and Brazilian telecommunications companies and its subsidiary Oi GlobeNet today signed a memorandum of understanding and cooperation. The Antiochian company president, Horacio Velez de Bedout, said that with the signing of the agreement “aims to work on issues of common interest to the companies as 4G services, TV over IP, providing technological […]

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Colombia, cement production up sharply

Last July, the production of Portland cement in the country amounted to 927 thousand tons, 13.8 percent more than the same month of 2010. The Dane also features a 13 percent increase in shipments. According to the entity, the majority of shipments went to the cement trucks (28.3 percent) and marketing (8.8) with a contribution, […]

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Puno Department Peru, 80% of workers being exploited

In the department of Puno would reign the harshest labor informality, after news that more than 80% of companies in the region would infringe the rights of their workers, according to statistics cited by the Regional Directorate of Labour and Employment Promotion. According to the head of sectoral management, Apaza Walter Zela, many of the […]

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China and Argentina building strategic relationship

Foreign Minister Héctor Timerman stated today Argentina and China “are building a strategic relationship,” highlighting “positive investment activity” within bilateral connections, as he was heading a dinner with powerful Chinese executives, during his first activity on his China visit. Read Article

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Argentina, President Fernandez states software activity to expand significantly

While speaking at the opening ceremony of a new building for a software company, the Head of State said she was in favour of expanding the quality of education and stressed that “the only two basic things needed in order to learn are being able to sit down and concentrating,” she said, although she warned […]

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Banco de Guayaquil permits bank accounts to be opened with no deposit, only ID card required

Without an initial deposit, you can now open a bank account just presenting their identity card. Bank transactions such as deposits, withdrawals, payments for basic services, among others, are part of the benefits that can be enjoyed from the account Amiga, which was inaugurated yesterday by the Bank of Guayaquil. Read Article

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Kellogg’s Threatens Nonprofit On Use of Toucan Image in Logo

Kellogg’s, the maker of Froot Loops and other sugary breakfast products, is taking legal action against the Maya Archaeology Initiative (MAI), a nonprofit that defends indigenous Maya culture, claiming that the use of a toucan in its logo infringes on Kellogg’s Toucan Sam character and games. The MAI logo can be viewed at www.mayaarchaeology.org. “This […]

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Bolivia exports of gold jewelry down significantly due to increased mineral prices

The financial crisis in developed countries does affect the field of gold jewelry in Bolivia. Production declined and exports fell by 48%. A cooperative miners are not shining the metal as they liked and the state still does not buy the mineral.Low domestic production of raw materials, markets and consumers without tariff preferences, national and […]

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Buenos Aires with population of more than 15 million

The Province of Buenos Aires has a population of 15,625,084, representing 38.9% of the total population, according to final results of National Census 2010 provided by the Provincial Department of Statistics under the Ministry of Economy. Economy Minister, Alejandro Arlia, said that in relation to the 2001 Census, “the provincial population increased by 1,797,881 people, […]

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In some areas of Mexico, U.S. tourist numbers are dropping

In Mazatlan, Sinaloa, more tourists and Canadians, but Americans have fallen, said Gloria Guevara, head of the Tourism Ministry. Federal District violence. The entities reported in northern Mexico border have resulted in a segment of domestic travelers to destinations that move regularly visited by international walkers, said Gloria Guevara, Secretary of Tourism (Tourism Ministry). Previously, […]

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Argentina, supermarket chains reeling from theft according to study

According to a study by a private consultant in 2010, supermarket chains lost more than 780 million dollars to causes of the decline nationwide in sales, which was 1.65 percent. The study provides a telling statistic: the figure resginaron supermarkets could have paid salaries to more than 19,000 employees for a year. Read Article

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Latin America, Motorola unit to introduce MILESTONE into market

According to a press release, telecommunications company Motorola (News – Alert) Mobility, Inc. is bringing its super-sleek MILESTONE 3 device to the Latin American market this spring. With the world’s thinnest Android (News – Alert) QWERTY slider, dual-core 1GHz processor and a brilliant 4-inch qHD display, the Motorola MILESTONE 3 set a new milestone for […]

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China tries to win over Brazilian consumers

Here in Latin America’s economic giant, the prevailing image of China has been that of an unquenchable consumer and the manufacturer of all things cheap. But the opening of 55 glitzy JAC Motors dealerships in Brazil, all selling sleekly designed cars built in China, has helped Chinese officials and businessmen present a different image of […]

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Terremark expands Brazilian data center expansion

Terremark, a Verizon (NYSE: VZ) subsidiary, has completed the expansion of its São Paulo, Brazil data center, a move that reflects its growing presence in the Latin American business services market. Read Article

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Sinohydro submits bid for Ecuador power deal

Sinohydro Corp. is bidding for a 200-million-U.S. dollar hydropower station deal in Ecuador, China Daily reported Friday. The deal is part of Ecuador’s efforts to develop clean technologies, the newspaper quoted Ding Zhengguo, assistant president of Sinohydro, as saying. Read Article

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Peru’s only iron producer declares force majeure

Peru’s only iron producer, Shougang Hierro Peru, declared force majeure on its deliveries due to a workers strike, the company’s general manager said on Thursday. The company’s 1,124 workers laid down their tools on Wednesday in an indefinite strike demanding higher salaries. Read Articl

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Hays recruiting firm expands into Chile

Hays Plc (HAS), the U.K.’s biggest recruitment firm, will open offices in emerging markets including Malaysia and Chile in coming months as international fees surge, Chief Executive Officer Alistair Cox said. Hays posted a 21 percent increase in sales in the year ended June 30 to 3.26 billion pounds ($5.29 billion), driven by growth in […]

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Latin America, Power Rangers Samurai to show on television

Saban Brands’ Power Rangers Samurai series is the focus of new terrestrial television licensing agreements with broadcasters throughout Latin America. Via series distributor MarVista Entertainment’s alliance with Snap TV of Argentina, the deals have been forged with Peru’s America TV, Ecuador’s TCTV…. Read Article

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Brazil, government reclaims subsalt blocks from oil companies

Brazil’s government will reclaim promising oil exploration blocks won by companies in a bidding round five years ago but never formally leased to the winners, the country’s energy minister said. Read Article

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Bolivia to increase mining royalties

Bolivia’s leftist government plans to raise mining royalties to take advantage of high global metals prices and to bolster the state’s role in the industry, Deputy Mining Minister Hector Cordova told Reuters. Read Article

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Brazil, central bank slashes key interest rate

Brazil’s central bank slashed its key interest rate to 12 percent from 12.5 percent on Wednesday in a shock decision that it said reflects a mounting global slowdown as well as weaker growth in Latin America’s largest economy. Read Article

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Paraguay, 3M employee kidnapped

Scappini Dalia Campos, a young woman of 31 years, finds missing since Tuesday morning at approximately 7:30 pm in Asuncion on the way to your workplace. His car was intercepted by another that went down the alleged kidnappers. The vehicle was abandoned Dalia hours later at Havana neighborhood Espinoza. There was a telephone call from […]

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Colombia, airspace over Bogota to be reorganized

In order to improve levels of compliance with the airlines and to avoid delays to passengers, the Civil Aeronautics modified airspace Bogota’s Eldorado Airport. Read Article

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Colombia, mining fair expected to be successful

The seventh edition of the show started today at Minera Colombia Medellin with the aim of making this sector one of the great engines of the economy of this South American country. The event will “enter into new projects, promote the adoption of the sector at national and international level and achieve sustainable development considering […]

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Brazil, Netflix to arrive in September

Online movie rental company Netflix will announce its arrival on the Brazilian market on 5 September, IDG News reports. The official announcement will be made by Reed Hastings, founder and CEO of the company. Read Article

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Organization in Peru offering nonexistent jobs in Canada

The Peruvian Association of Consumers and Users ( Aspec ) reported this morning at the Technological Institute Indecopi Arzobispo Loayza Private and College Headway Center for misleading people with false promises of jobs abroad. Chrysologus Caceres, head of Aspec, said that after conducting relevant investigations, it was found that the company offered U.S. $ 7 […]

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Kimberly-Clark to establish new global center in Colombia

Colombia will host one of the two global innovation centers for research and development of new technology products, announced the multinational Kimberly-Clark. Proexport Colciencias Colombia and have been allies for this new global innovation center Kimberly-Clark and side by side in Korea, complements the two that currently exist in Wisconsin and Georgia (USA). Read Article

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Colombia, avocado now being sold online

The products traded through e-commerce channels tend to be mostly non-perishable goods, however, the country has interesting cases including technological tools in the business of agricultural products for Avocado Online, company that sells this product kilos and plant material for planting it, online. Read Article

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Venezuela, Chavez plans Russia Trip

Hugo Chavez has met with the Russian Foreign Minister and promised to personally visit Russia in the nearest future to seal more contracts, purchase weapons, and maybe a fur hat to counter the winter frost. On Tuesday, Russian Foreign Minister Sergey Lavrov arrived in the Bolivarian Republic of Venezuela, which was the last – and […]

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Latin America, Asia call for closer economic ties

Leaders at a gathering of nations from Latin America and Asia called Thursday for closer economic cooperation to help combat the global financial crisis. Argentine Foreign Minister Hector Timerman kicked off the gather by underlining “the need for concrete actions to strengthen bi regional political and economic ties.” Read Article

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