Latin America to grow 3.5 percent this year
IMF report predicts modest growth, and urges the region’s economies to lay the groundwork for long-term, sustainable development.
Remittances were largely flat year-over-year in 2012 due to a sluggish Spanish economy.
Haiti, Venezuela, and Honduras top our index for the second year as the most dangerous countries in the Americas.
Albeit the cooling-off of Latin America's GDP growth in 2012, the region gained dynamism as destination for products sourced from the beleaguered euro-zone. According to Eurostat figures,
Latin Business Chronicle interviewed Carlos Raúl Yepes, Bancolombia’s CEO. The bank will not venture outside Central America and the northern tip of South America, but it will continue to look for opportunities in banking and other financial services.
Students with limited access to education in Latin America sometimes fail to develop cognitive skills needed for success. Latin Education Index shows how Guatemala and Haiti lag in this area.
The best and worst countries in Latin America when it comes to crime costs for companies.
Twitter, Starbucks, Colombia, Sao Paulo and Aston Martin are the key topics of this week's TradeTalk.
Development of shopping centers continues in Brazil, Colombia and Peru despite the crisis.
Panama has Latin America’s highest foreign direct investment level compared to its economy.
An open business environment and little corruption have made El Salvador one of Latin America's most attractive places for business.
The FMLN wins the presidency in El Salvador, but it's no mandate for revolutionary change such as populism and confiscations.
El Salvador is showing Latin America how economic freedom can pave the way for development.
Digicel is hoping to copy its Caribbean telecom success to Panama, El Salvador and Honduras.
Swedish-owned Millicom is carving out a profitable niche in Latin America's wireless sector.
El Salvador and Panama are the big winners in Latin American tourism. Bolivia and Brazil are the top losers.
CAFTA faces 2007 with the likely implementation in two more countries and the start of free trade talks with the European Union.
Latin America is setting a new record in international arrivals, led by Central America. But major markets like Mexico, Brazil and Argentina are also seeing healthy growth.
The EU still has to wait for the big prize - a free trade agreement with Mercosur, but in the interim Central America and parts of the Andean Community are ready.
Remittances to Latin America set a new record last year. Mexico is the top recipient in total value, while Honduras is the top recipient as measured in percent of GDP. But future remittances may be threatened by US immigration reforms and proposed taxes by several US states.
The European Union posted strong trade growth with Latin America last year, led by Venezuela and Mexico. But future EU relations with the region will depend on expanding free trade agreements.
DR-CAFTA countries have several advantages, including close proximity to the region’s major export market and relatively inexpensive labor. But challenges include weak public structures and low access to capital.
As the U.S. Congress approves CAFTA, U.S. trade with the pact's countries - already up - is expected to increase substantially. Likewise, the CAFTAeconomies should expand as a result.
Latin American countries that dollarize can double their trade with other dollar economies and expand GDP, experts say. But some economists warn that dollarization won't work for all countries in the region.
Latin America's inflation will fall to its lowest rate in more than 25 years, while the region is set to reach its fourth consecutive year of economic growth. Chile will grow most, El Salvador the least.
