-Latin American stocks rose modestly over the past week with Mexico taking the lead amidst hope by investors of a presidential victory by Felipe Calderon.
-The bankruptcy of Brazilian national airline Varig will cost Brazil $1.3 billion in lost revenue as 1 million less tourists are expected to visit the country.
-Speaking of tourism, Central America is in the midst of a tourist boom with the growth in visitors to that region more than any other worldwide.
-Chilean president Michelle Bachelet promised to help workers by introducing legislation designed to lower management fees on retirement accounts and allow more workers to receive pensions.
-Disagreements on how to control the Venezuela’s Orinoco oil reserves have led to conflict and compromise between the Chavez regime and big oil companies.
-Yesterday, Colombia reached an agreement on the text of a free trade deal with the U.S.
colombia, central america Chile, brazil, latin america, mexico, united states, Venezuela, energy, free trade, international economy, stocks
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