The Inter-American Development Bank (IDB) warned that Latin America will grow until 2020 at an average annual rate of just 1.7%, less than half the 4% growth that the region saw from 2003 to 2013. The IDB is urging investment in infrastructure and proposing deep fiscal reforms.
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A group of experts talked about how to break the barriers of film distribution in the Latin American market.
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Mexico’s public finances will be strengthened with Banxico’s transfer of 239 billion pesos destined for the Treasury, which will allow for much needed support to be given to Petróleos Mexicanos.
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The president of the National Society of Mining, Petroleum and Energy (SNMPE), Carlos Gálvez, analyzed the prospects for that sector in the coming years, in the context of the recent presidential election which seemed to indicate a strong criticism of the current economic development system.
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In 1995, the Guatemalan company Saúl E. Méndez arrived in the country with the idea of conquering the Costa Rican men’s clothing and fashion market. Although it did not fail in this task, the company has now decided to venture into the restaurant business.
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Congressional approval of the agreement with the vulture funds and increased utility rates are set parts of the new economic policy. Both decisions keep internal coherence as part of the restoration plan of a neoliberal model.
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More than 200,000 homes without connection to Sedapal (Servicio de Agua Potable Lima), Peru’s water and sewage company, pay the state six times more for service than households that are connected.
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Many times people create their own businesses in order to have something to do. And although they can succeed with these informal businesses, there are good and bad effects both for themselves and for the economy in general.
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The Inter-American Business Association (Asine) is calling for changes to diminish constraints on the growth of small and medium businesses.
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Latin America wastes up to 348,000 tons of food a day, which could feed 37% of those starving around the world.
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