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Latin America

Economic uncertainty, geopolitical tensions stall growth in Latin America and Caribbean region, UN says

From UN News Citing “an external context of greater uncertainty and growing complexity”, the head of the UN Economic Commission for Latin America and the Caribbean (ECLAC), said on Wednesday that the region’s economic growth is expected to decline.  Launching the Economic Survey…

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Economic slowdown continues with regional GDP expected to grow by 0.5% in 2019

ECLAC presents its Economic Survey of Latin America and the Caribbean, highlighting the importance of expanding fiscal space and reorienting investment, productivity and monetary policies to spur the economies of countries in the region. (July 31, 2019) The Economic Commission for…

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Toyota will move its Latin America Headquarters to Argentina and not Brazil

By Xiu Ying From Rio Times The transfer of the operations of its Division for Latin America and the Caribbean (LACD) from Japan to Argentina will generate new jobs in the country. Toyota has been operating in Latin America and…

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EU announces additional aid for Latin America and the Caribbean

From New Europe EU By ep|neonline The European Commission has announced on 23 July a new humanitarian funding of €18.5 million to protect the vulnerable communities in the Latin American and Caribbean region from natural disasters. This includes €15 million to support…

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Airbus aims to sell 1,000 planes in Latin America, Caribbean over 15yrs

By SOURAV D From Financial World World’s second biggest aerospace and defense company, Airbus SE, behind United States’ Boeing Co., headquartered in Leiden, Netherland, had been targeting to sell more than 1,000 new passenger planes over the next one decade and…

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The agro-processed food and natural ingredient sectors and the creative industries: keys to the Caribbean’s expansion in the European market

The value of Latin America and Caribbean (LAC) exports has shrunk by an estimated interannual rate of 1.6% in the first quarter of 2019, according to the Inter-American Development Bank (IDB) The slowdown in LAC foreign sales has been partially…

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ECLAC Op-Ed

2030 Agenda and Latin America and the Caribbean: Urgency at critical point *By Alicia Bárcena, Executive Secretary of ECLAC The countries of Latin America and the Caribbean have undertaken a huge commitment to the 2030 Agenda with important advances in…

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Airbus-owned Voom will compete with Uber Copter in the US in 2019

By Darrell Etherington From TechCrunch The U.S. air taxi market is heating up: Aeronautics industry giantAirbus  will be among the companies operating on-demand air travel service in 2019 in American skies, FastCompany reports. Airbus’ Voom on-demand helicopter shuttle operation will set up…

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U.S. Navy Hospital Ship ‘Comfort’ deploys for Latin America and the Caribbean

By DipNote Bloggers On June 18, Vice President Mike Pence and his wife, Karen Pence, toured the USNS Comfort at the Port of Miami as the ship prepares to embark on a five-month deployment to Latin America and the Caribbean to…

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New nets make shrimp trawling more sustainable in Latin America and Caribbean

By Michelle Carrere Translated by Sarah Engel From Mongabay When fishers accidentally catch non-target species, they either sell the so-called bycatch or throw it back into the ocean, almost always dead. Newly invented nets have allowed shrimp trawlers to reduce…