Mapping: Levels of happiness in the world in 2022 What really makes people happy? While countless academic researchers have tried to get to the bottom of this, the truth is that it’s a complicated question to answer. Happiness levels depend on a number of factors, including financial security, perceived social …
Read More »GFT Hunts for Software Professionals in Costa Rica
German IT services provider GFT is about to add 40 software professionals to its operations in Costa Rica. GFT’s Costa Rican workforce grew by 49% in 2021 compared to the previous year, according to a statement from CINDE, Costa Rica’s investment promotion agency. GFT, based in Stuttgart, Germany, came to …
Read More »Costa Rica prioritizes public health
Province of Cartago, Costa Rica. Care teams are assigned to rural communities across the country. (Credit: alexeys/iStock via Getty Images) Costa Rica prioritizes public health By Analisa Bala March …
Read More »Scotiabank marks International Women’s Day 2022 with the expansion of the Scotiabank Women Initiative in Costa Rica
TORONTO, March 8, 2022 /CNW/ – Scotiabank is proud to announce today the expansion of The Scotiabank Women Initiative™ to Costa Rica. Currently available in North America and Jamaicathe program has built on its previous successes to offer a tailored program designed specifically for women-led businesses in Costa Rica. Scotiabank …
Read More »Buenos Aires Weather | Stephen Kaplan: China faces ‘creditor trap’ by lending to Latin America
China to be more cautious about extending loans to Latin American countries after difficulties in securing repayment suggest it has at times fallen into a ‘creditor’s trap’, says author of new book on Beijing’s loans to the region. Yet China will not abandon state-to-state lending because it still sees lending …
Read More »Latin America bets on the circular economy to solve its environmental problems | Science and ecology
In Latin America and the Caribbean, the face and the cross of the same reality live: while 47 million people suffer from hunger, each year more than a third of what is produced is wasted, which is equivalent to about 127 million tons of food. Likewise, despite the fact that …
Read More »Latin America: a new sphere of Russian influence?
It is estimated that Venezuela has received around $17 billion in loans from Russia since 2007, spending an unknown but likely considerable amount on arms purchases from the Kremlin. In the oil industry, the main source of income for both states, Russia has played a considerable role in participating in …
Read More »Best Cash & Cash Management Providers 2022: Latin America
Digitization and automation are paving the way for post-pandemic profitability. In 2021, BBVA, our pick as the best bank for cash management in 2022, streamlined cash management for multinationals with its BBVA Pivot: an ecosystem of channels and a global offering of cash management services to meet …
Read More »How the war in Ukraine is affecting many financial industries
Powell: Fed to proceed cautiously with rate hike amid Ukraine dispute Federal Reserve Chairman Jerome Powell said Wednesday that the central bank still plans to raise interest rates despite the “very uncertain” economic effects of the war in Ukraine. “Ultimately we will continue, but we will proceed with caution as …
Read More »Rumors and false data claim Ukrainian President is laundering money in Costa Rica – Q COSTA RICA
QCOSTARICA – Several websites claim that Ukrainian President Volodymyr Zelenskyy is laundering money in Costa Rica. No reliable source has revealed evidence of allegations of alleged fraudulent investments by Zelenskyy in Costa Rica made by several websites. There is no evidence that Zelenskyy is laundering money in Costa Rica. Web …
Read More »Microsoft inaugurates its new headquarters in Costa Rica, the largest and most modern in Latin America
SAN JOSE, Costa Rica, February 28, 2022 /PRNewswire/ — Microsoft has opened its modern offices in the Torre Universal building in La Sabana, located in the city center of the capital San Jose. The opening also served to celebrate the company’s 28 years in Costa Rica; 4 years ago, the …
Read More »Peruvian startup Leasy raises $17m in debt and equity to provide car loans to LatAm taxi drivers
Leasy, a startup that offers car financing to ride-hailing drivers in Latin America through a subscription model, raised $2 million in equity and $15 million in debt. Gregorio Gilardini, originally from Italy, and Alejandro Garay, originally from Spain, met in Peru several years ago and discovered that they both had …
Read More »Agritech gets $8 billion boost as US Agriculture Secretary Vilsack addresses Dubai climate summit
American Agriculture Tom Vilsack speaks at the AIM for Climate conference at Expo Dubai. Aim for the climate A global initiative led by the United States and the United Arab Emirates to make agriculture cleaner has announced plans to invest $8 billion in agricultural technology (agritech). Chairing the first ministerial …
Read More »The invasion of Russia and Ukraine will increase oil prices
Oil wells in Lake Maracaibo, in the western region of Venezuela. PA Rising oil prices triggered by Russia’s invasion of Ukraine could create a big problem for the Biden administration in Latin America: it could create havoc for oil-importing countries in Central America and the Caribbean , and could encourage …
Read More »China faces ‘creditor trap’ in lending to Latin America: Q&A
(Bloomberg) — China to be more cautious about extending loans to Latin American countries after difficulties in securing repayment suggest it has at times fallen into a ‘creditor’s trap’, says author of new book on Beijing’s loans to the region. Yet China will not abandon state-to-state lending because it still …
Read More »Clearview plans to expand database and add biometric capabilities, according to leaked pitch deck
An investor presentation obtained by The Washington Post revealed the extent of Clearview AI’s ambitions, including a massive expansion of its face database and the addition of new biometric capabilities to its platform. The company became famous for scouring the internet – including social media platforms – to create a …
Read More »Today in B2B: RangeMe adds a direct purchase option
In B2B payments today, one in four U.S.-based global businesses will invest in Accounts Payable (AP) and Accounts Receivable (AR) integration over the next three years, and Convictional is raising $40 million. dollars at a fundraiser. Additionally, FinTech Transact365 launched its payment platform in Latin America and more. 25% of …
Read More »Payment service provider Transact365 lands in Latin America
UK-based fintech Transact365 has launched its Global Payments Platform in Latin America (LATAM), making it one of the largest alternative payment platforms in the region. The move enables cross-border and local e-commerce transactions through bank transfers and local payment methods such as PIX and Boleto, ensuring that consumers in the …
Read More »Tourism leaders translate UNWTO’s vision into action
UNWTO hailed the commitment made by tourism leaders at the Adventure Next Latin America Summit to realign the sector on a path of greater resilience and sustainability. The tourism trade event hosted tourism ministers from Panama, Colombia, Costa Rica, Ecuador, Guatemala and Honduras, as well as high-level government officials from …
Read More »Now Argentina is moving to Russia after sealing BRI deal with China
Through Chris Devonshire-Ellis South America is becoming increasingly receptive to Russian trade and economic viability Argentinian President Alberto Fernandez was in Beijing for the opening ceremony of the Winter Olympics and signed an agreement with China to join the Belt and Road Initiative. Argentina endured economic problems with loans to …
Read More »Bladex Successfully Leads Syndication of $101.5M Two-Tranche Senior Facility for CrediQ
PANAMA CITY, February 7, 2022 /PRNewswire/ — Banco Latinoamericano de Comercio Exterior, SA (“lamex“or the”Bank“;NYSE:BLX) today announced the successful closing of a $101.5 million senior double-tranche syndicated loan (the “Ease“) for Inversiones CrediQ Business, SA and its subsidiaries in Costa Rica and El Salvador (“CreditQ“or the”Society“). lamex was the sole …
Read More »Blue Action Fund celebrates five years of financing the protection of marine and coastal areas | D+C
Blue Action Fund draws a positive balance sheet in an impact report marking its fifth anniversary. The nonprofit foundation promotes marine and coastal protected areas and works to secure the livelihoods of coastal communities. In pursuit of this objective, it provides targeted funding to non-governmental organizations active in developing countries. …
Read More »Latam inflation entrenched but risks persist – IMF
Breadcrumb Links PMN Company Author of the article: Publication date : January 31, 2022 • 14 minutes ago • 2 minute read • Join the conversation Content of the article NEW YORK — Inflation rose the most in 15 years in some of Latin America’s biggest economies last year, but …
Read More »Biden in Latin America: A Humble Beginning
Photo sources: Ivan Valence/Getty Images Latin America and the Caribbean has not been a priority for President Biden’s foreign policy team. Nor could this be the case: the region has no prominent inter-state conflicts, no nuclear weapons (¡Gracias a Dios!), no threatening international terrorist organizations. China and Russia are distant …
Read More »Widodo highlights the importance of the G20 focus on resilient health systems,
Despite the impact of the COVID-19 pandemic, Latin American leaders, speaking on day three of the World Economic Forum’s Virtual Davos Agenda 2022, expressed optimism about the region’s economic prospects for the future. coming year. Latin America recorded a strong economic recovery in 2021 and will most likely show moderate …
Read More »Apple teases Apple Pay soon in Argentina and Peru
After a bank in Peru teased the impending launch of Apple Pay in the country last week, it’s now Apple announcing that its own payment service will soon be launching in Argentina and Peru. As you can see on Apple Pay’s Latin America page, the company says the service is …
Read More »‘Dominica’ tops list as one of the safest countries: World Citizenship Report
‘Dominica’ tops list as one of the safest countries: World Citizenship Report The Commonwealth of Dominica has won the title of the “safest places in the Caribbean and Latin America”, as revealed by the World Citizenship Report (WCR). Considering data from the Global Peace Index (GPI) 2021 and the World …
Read More »Three steps towards more female entrepreneurship in Latam
By Daniela Izquierdo * Latin America has the second highest rate of female entrepreneurship in the world, and the existence of female entrepreneurs in this region is proven to boost economic growth and create new employment opportunities. Therefore, beyond lip service, it is essential to tackle the obstacles that hamper …
Read More »The Dominican Republic has fared better than its peers
Santo Domingo, DR.The Dominican Republic is showing a recovery that is appreciated as a success by the international community, highlighting the opinions of the most prestigious risk rating agencies, the most representative institutions of the international bank and various multilateral organizations. An analysis by Pagina Abierta of the Central Bank …
Read More »Latin America and the Caribbean: forecast for 2022
Photo source: Adalberto Roque / AP via Chicago Tribune 2022 will likely be a turbulent year, but ultimately very difficult for Latin America, the Caribbean and the Biden administration’s engagement in the region. The year will begin with the hope that the region slowly regains the upper hand in its …
Read More »The settlement of Americans in Costa Rica motivated the project of 1,800 luxury homes in Osa
QCOSTARICA – Thanks to an internal study, two Florida companies have identified that Costa Rica is the country where the most Americans are settling lately and, therefore, they have decided to develop a real estate project of 1,800 houses luxury on the Osa Peninsula, in the province of Puntarenas, in …
Read More »Banknotes of 2,000, 5,000, 20,000 and 50,000 printed on cotton paper lose value in 2022
QCOSTARICA – Banknotes of 2,000, 5,000, 20,000 and 50,000, printed on cotton paper, will lose their value as a means of payment, starting next year, and will begin a process of gradual withdrawal from circulation. The 20,000 notes printed on cotton will lose their commercial value (lose their value as …
Read More »Costa Rica: USD 150m: First Green Bond Certified for Hydropower Criteria under the Climate Bond Standard
Costa Rica: USD 150m: First Green Bond Certified for Hydropower Criteria under the Climate Bond Standard The proceeds will be used to refinance the construction of the Reventazón hydroelectric plant SAN JOSE: LONDON 12/23/21: 12PM CST: the Costa Rican Electricity Institute (ICE) with the support of the Inter-American Development Bank …
Read More »Highlights of Pandora Papers Reports in Latin America
From street demonstrators to dramatic impeachment offers to criminal investigations, the past few months have been tumultuous for Latin America since the publication of the Pandora Papers. The region has also seen a series of historic political shifts in the last election, including some of the main candidates implicated in …
Read More »External debt: Latin America, in the hands of Wall Street | United States
In 2020, due to the coronavirus pandemic, debt levels in Latin America have reached all-time highsJUAN PONCE VALENZUELA (EFE) Sitting next to a Costa Rican flag and staring, President Carlos Alvarado did not hesitate to express his frustration with the global financial system. “Other actors have a responsibility to support …
Read More »Costa Rica and the Morpho Butterfly Business:
Morpho butterflies are a breed of neotropical butterflies of the genus Morpho. This genus comprises an average of twenty-nine accepted species and one hundred and forty-seven accepted subspecies. Morpho butterflies are mainly found in Mexico, Central America, and South America – Costa Rica, Brazil, and Venezuela. They have metallic, winged …
Read More »China’s breakthroughs in Latin America and the Caribbean require a new strategy
The Nicaraguan Foreign Ministry officially abandoned diplomatic recognition of Taiwan and established relations with China last week. âThe People’s Republic of China is the only legitimate government that represents all of China, and Taiwan is an inalienable part of Chinese territory,â the ministry said in a statement. This decision is …
Read More »Explanation: B3W vs BRI in Latin America
In June 2021, the G7 partners announced the Build Back Better World, or B3W, initiative which will provide countries around the world with an alternative to China’s Belt and Road Initiative, known as BRI, for infrastructure development. Latin America is the first region on B3W’s radar. To that end, in …
Read More »EXPLANATION: Why did China hijack Nicaragua from Taiwan?
BEIJING – Nicaragua’s decision to sever diplomatic ties with Taiwan and recognize China leaves an autonomous island democracy with just 14 diplomatic allies. Most are small, largely poor nations in the Western Pacific, the Caribbean and Latin America, the only exception being the Vatican. At the same time, Taiwan maintains …
Read More »Colombia becomes a full member of ICCO
In a process that began in 2019, the President of the Republic of Colombia, HE Mr. Iván Duque, promulgated the bill for Colombia’s accession to ICCO at an event attended by both representatives of the Colombian cocoa sector and a delegation from ICCO. , headed by Michel Arrion, its managing …
Read More »Brazilian digital lender Nubank gears up for one of the biggest IPOs of 2021
When David Vélez tried to open an account at a Brazilian bank in 2012, it took him four months to get approval, which is not unusual in a country where high fees and bureaucracy are the norm in the banking sector. During his visit to the bank, he left his …
Read More »OAS withdrawal makes Nicaragua “unreliable state” for financial organizations
Nicaragua’s withdrawal from the Organization of American States (OAS), requested by the regime of Daniel Ortega and Rosario Murillo, means that the country is “cutting itself off from the international system”, which generates “a lack of legitimacy, because it becomes a state âfor multilateral organizations, warned the analyst of international …
Read More »Dubai and Costa Rica to boost investment and trade cooperation
Dubai House officials and Costa Rican delegation at the meeting. Abdulaziz Al Ghurair, president of the Dubai Chambers, received a high-level Costa Rican delegation at the headquarters of the Dubai Chamber, headed by Costa Rican President Carlos Alvarado Quesada, on Sunday. Quesada was accompanied by the First Lady, Claudia Dobles …
Read More »Alicia Brcena urged to strengthen multilateral, regional, sub-regional and national banks and improve their coordination to meet the financing challenges of Latin America and the Caribbean
Strengthening multilateral, regional, sub-regional and national development banks, while improving cooperation and coordination between them, is essential to meet the financing challenges of the region in the context of the crisis caused by the COVID pandemic -19, Alicia Bárcena, Executive Secretary of the Economic Commission for Latin America and the …
Read More »Countries in the region urge rethinking the financing agenda for a sustainable and equal recovery
Within the framework of the thirty-sixth session of the Committee of the Whole of ECLAC, the Executive Secretary of the organization, Alicia Bárcena, presented five innovative proposals for financing development for the region. The current crisis must be used as an opportunity to rethink the financing program for the development …
Read More »Chile sounds a warning signal across the region
Argentina’s negotiations with the IMF will focus minds in Latin America in the first quarter of 2022 – a March deadline if the country is to meet a tough debt repayment schedule. Later in the year, its noisy neighbor, Brazil, will likely increase the volume to 11 as its polarized …
Read More »Ortega’s isolation from the OAS “will indirectly affect” financial entities
The extent of the economic repercussions that Nicaragua could possibly suffer from its departure and / or its suspension from the Organization of American States (OAS) remains to be seen, warned economist and political scientist Enrique Saenz. Likewise, its effect on the socio-political crisis in which the country is plunged …
Read More »Bonds and loans Latin America and the Caribbean 2021
08:15 Day two: Registration and networking End of the session: 9:30 a.m. 09:15 President’s opening remarks Speaker End of session: 9:25 a.m. 09:25 Understanding Global Climate Policies in a Latin American Context: How to Apply a Transition Finance Program to Resource-Rich Markets COP26 and Net Zero by 2050: what are …
Read More »RACO Investment founder Randall Castillo Ortega discusses technology in the financial space
Today, technology and digitization have become essential tools for the survival of a company. As such, the financial sector has moved from traditional interaction and communication to an immersion in the process of regeneration and transformation which has resulted in decisive changes. Randall Castillo Ortega, founder of SME lender RACO …
Read More »Structural reforms cannot be delayed
A health worker inoculates a man with a dose of Pfizer-BioNTech’s COVID-19 vaccine in the Santa Anita district on the eastern outskirts of Lima on November 15, 2021. (Photo by ERNESTO BENAVIDES / AFP via Getty Images) By Ignacio Munyo Americas News, Montevideo, Uruguay, Tue 16 November 2021: Latin America …
Read More »El Salvador – Telecoms, Mobile and Broadband
Sydney, November 15, 2021 (GLOBE NEWSWIRE) – Just published, this edition of the BuddeComm report describes the latest developments and key trends in the telecommunications markets. – https://www.budde.com.au/Research/El-Salvador-Telecoms-Mobile-and-Broadband-Statistics-and-Analyses/?utm_source=GNW Economic potential is limited by the relatively small population, while the country’s telecommunications sector has been constrained by poor infrastructure and unequal …
Read More »FacePhi targets Central America and the Caribbean with the GBM partnership
FacePhi is looking to expand its reach to new markets in Latin America. The company has entered into a strategic partnership with GBM, which already acts as the exclusive distributor of IBM solutions in the countries where it is active. In this regard, GBM mainly focuses on Central American and …
Read More »Mastercard and its partners advance the future of sustainable commerce
Posted an hour ago Proposed by MasterCard Mastercard and its partners advance the future of sustainable commerce PURCHASE, NY, Nov. 1, 2021 / CSRwire / – As world leaders gather for the United Nations Climate Change Conference (COP26), Mastercard has unveiled an acceleration of its decade-long net zero calendar, from …
Read More »RACO Investment Founder Randall Castillo Ortega Explains How Artificial Intelligence Can Help Small Businesses
Artificial intelligence (AI) in companies of all sizes is essential today. It is a mistake to think that it is only accessible to large multinationals. There are all kinds of affordable solutions that have democratized access to machine learning and automation technologies. The emergence of COVID-19 has further accentuated this …
Read More »Latin America Equity Markets
Strong performance in the era of the pandemic and a look around the corner IPO activity in Latin America hit record levels in 2021, with the region’s largest economy carving out the lion’s share of the premium. Business owners and entrepreneurs looking for money to maintain or expand their business …
Read More »Randall Castillo Ortega of RACO Investment discusses upcoming financial investment trends in 2022
The banking sector is looking for a way to take advantage of the experience gained during the COVID-19 pandemic period to promote digital banking with innovation that allows it to continue to achieve significant technological progress and in terms of business models. However, not only the circumstances of COVID-19 have …
Read More »Blinken missed the opportunity to encourage investment in Latin America
Secretary of State Antony Blinken, left, and Ecuadorian Foreign Minister Mauricio Montalvo speak at the end of a press conference at the Government Palace in Quito. PA Secretary of State Antony Blinken has said all it takes about Latin America’s problems on his first official trip to South America. But, …
Read More »True Cost of Fraud Study Reveals Costs of Fraud 3.75 times the value of the transaction lost for every fraudulent transaction in Mexico
MEXICO, October 21, 2021 / PRNewswire / – LexisNexis Risk Solutions has released its 2021 True Cost of Fraud ⢠report in Latin America. The study is a comprehensive survey of 454 risk and fraud executives in retail / e-commerce, financial services and lending, including 90 companies from Mexico. Each …
Read More »Pacific Alliance looks to global future after Singapore talks
The recent conclusion of negotiations between the Pacific Alliance and Singapore to establish a comprehensive free trade agreement will see the Southeast Asian microstate become the first official associate member of the four-member economic association, in which could prove to be the first major step towards the Alliance’s long-awaited global …
Read More »Nelo joins BNPL rush, with $ 20 million in new funding and Mexican market in sight – TechCrunch
Buy Now, Pay Later (BNPL) made headlines this year, from The proposed acquisition of Afterpay by Square To Affirm becoming public. Yet Latin America remains an under-penetrated market in an increasingly crowded space. Nelo, a startup founded by former leaders of Uber’s international growth team, began offering buy now, pay …
Read More »4 things to know before investing in a startup in Costa Rica:
Undoubtedly, entrepreneurship in Costa Rica has grown in recent years and many initiatives have contributed to it. From business plan competitions to prototyping events and entrepreneurship training programs structured like the Founder Institute, to the emergence of dozens of incubators, it seems like there has never been a better time. …
Read More »Chile, the most innovative economy in the region, according to the Global Innovation Index
The World Intellectual Property Organization (Ompi) has unveiled its latest edition of the Global Innovation Index, in which Chile is emerging as the most innovative economy in Latin America in 2021. To develop this ranking which ranks 132 countries, Ompi, which is part of the United Nations, takes into account …
Read More »Electronic pole | Global finance magazine
Latin American economies benefit from a dynamic and innovative fintech sector. Already Latin America’s largest neobank, São Paulo-based fintech Nubank could surpass the $ 55.4 billion market value of Itaú Unibanco, Brazil’s historic first bank, when Nubank launches its planned Nasdaq IPO, according to press service reports. This is not …
Read More »IDB Lab and Google Announce First Batch of LAC Women Founders Accelerator Program
The Demo Day of the program will take place during the IX WeXchange Forum, which will be held virtually on December 1 and 2 WeXchange, the IDB Lab platform that connects women STEM entrepreneurs in Latin America and the Caribbean (LAC) with mentors and investors, and Google, announced the 20 …
Read More »SUMMARY OF MICROFINANCE PAPER: “FinTech and Financial Inclusion in Latin America and the Caribbean”, by Dmitry Gershenson et al, published by the International Monetary Fund
This The article examines financial technology (fintech) in Latin America and the Caribbean (LAC), in particular: (1) whether fintech can increase financial inclusion; and (2) best practices for governments looking to use fintech to do so. Among the challenges, there are low levels of financial inclusion are associated with âinstitutional …
Read More »RACO Investment Founder Randall Castillo Ortega Explains SME Finance Considerations
Globally, about 20.8% of small businesses have closed due to the COVID-19 pandemic. This reflects the importance of having financing plans to more effectively support the operations of small and medium enterprises in complex contexts like today’s. Randall Castillo Ortega, founder of SME finance company RACO Investment, explains what small …
Read More »RACO Investment Founder Randall Castillo Ortega Explains How Latin American Business Is Evolving
The global commerce industry has had the opportunity to advance generously in recent years, as innovation makes it easier for companies to run business beyond their lines. Nonetheless, there are still some issues when it comes to trans-sea trade due to issues like distance, monetary standards and this is just …
Read More »RACO Investment Founder Randall Castillo Ortega discusses role AI plays in FinTechs
Artificial intelligence (AI) is changing the way we live. We thought that machines and software were far from being able to perform actions and solve problems. But it is now possible to see various uses of AI in FinTechs. Randall Castillo Ortega, founder of SME lender RACO Investment in Costa …
Read More »Global Carbon Market Mechanisms
The following is an excerpt from a new CleanTechnica report, The carbon cure: Effective actions to fight climate change through carbon markets. To learn more about the types of carbon markets around the world and their role in stabilizing our climate, purchase the full report or become a CleanTechnica Member, …
Read More »Factbox-Latest information on the global spread of the coronavirus | WKZO | All Kalamazoo
(Reuters) – Japan will lift the state of emergency in all regions on Thursday as the number of new cases declines, while India reported the smallest daily increase in COVID-19 deaths since mid- March. DEATHS AND INFECTIONS EUROPE * Sweden will offer additional groups, including people aged 80 and over, …
Read More »Latest news on the global spread of the coronavirus
Japan will lift the state of emergency in all regions on Thursday as the number of new cases declines, while India reported the smallest daily increase in COVID-19 deaths since mid-March. DEATHS AND INFECTIONSEUROPE* Sweden will offer additional groups, including people aged 80 and over, to supplement their COVID-19 vaccinations …
Read More »Global Gig Economy and Sharing Economy Market 2021-2027 in Covid-19 100% Accurate Analysis of Company Actions and Strategic Development
Gig economy and sharing economy market set to mature despite latest impact of COVID-19 Market research store recently published a report titled Global Gig Economy and Sharing Economy market. The research report covers the factors associated with development opportunities that exist across the globe. The research report talks about historical …
Read More »A “green arms race” could be great for Latin America
At the United Nations General Assembly last week, President Joe Biden pledged his administration would work to double aid to developing countries to tackle climate change, to more than $ 11 billion a year by 2024. Not to be outdone, President Xi Jinping said, in a marked change from previous …
Read More »CAGR value, SWOT analysis and EBITA analysis – Stillwater Current
Core banking software market set to mature despite latest impact of COVID-19 Market research store recently released a report titled Global Basic Banking Software Market. The research report covers the factors associated with development opportunities that exist across the globe. The research report talks about historical and future data obtained …
Read More »How international tour operators are surviving the pandemic
Over the years of traveling, Jill Worrall has worked with tour operators and guides around the world. Many have become good friends. Here are four of their pandemic survival stories and why, despite often severe personal struggles, they are determined to stay in tourism and why they have hope for …
Read More »Cuban President thanks Bolivia for solidarity against blockade – Prensa Latina
The Cuban president underlined on twitter that the Caribbean island has the support of Latin America and the world to triumph over the genocidal policy, condemned for nearly 30 years at the United Nations General Assembly (UNGA). ‘Gracias hermano @LuchoXBolivia’ (Thanks brother @ fightXBolivia), wrote Díaz-Canel on the social network, …
Read More »Who are the best Costa Rican players in the MX League?
The Primera División de México, better known as Liga MX, is Mexico’s top professional football league. It consists of 18 clubs and is arguably the strongest soccer league in North America. Not only that, but the MX Liga is also one of the strongest leagues in the Americas overall and …
Read More »Citi named best corporate / institutional digital bank in Jamaica
Citi was recognized as the best corporate / institutional digital bank in Jamaica by Global Finance magazine in the 22sd annual competition âWorld’s Best Business Banks / Digital Institutions in Latin Americaâ. This is the second year in a row that Citi Jamaica has been recognized as the best digital …
Read More »BBVA organizes conference with Felaban, the association of banking employers in Latin America
This morning, BBVA brought together key representatives of the Latin American banking sector at its headquarters in Ciudad BBVA, Madrid, to discuss the challenges Latin America will face in the years to come. The delegation included representatives of banking associations from Mexico, Colombia, Peru, Uruguay, Costa Rica, Panama, Venezuela and …
Read More »Pope Francis, don’t call me a murderer: my abortion was my right
LIMA – Niels Olson, Ecuadorian Minister of Tourism, is working hard to bring “digital nomads” to his country. He believes that attracting this new generation of freelancers who can work from anywhere for extended visits is a unique opportunity for everyone. Olson recently tweeted that the average New York-based freelancer …
Read More »Latin America, the next Mecca for digital nomads
LIMA – Niels Olson, Ecuadorian Minister of Tourism, is working hard to bring “digital nomads” to his country. He believes that attracting this new generation of freelancers who can work from anywhere for extended visits is a unique opportunity for everyone. Olson recently tweeted that the average New York-based freelancer …
Read More »Which are the most innovative countries in Latin America?
Chile, Mexico, Costa Rica, Brazil and Uruguay are the most innovative economies in Latin America, according to the latest edition of the Global Innovation Index. Produced annually by the World Intellectual Property Organization (WIPO) This year, Switzerland, Sweden, the United States, the United Kingdom and South Korea lead the rankings. …
Read More »EMERGING MARKETS – Evergrande contagion fears in China are wreaking havoc in all markets
Band Susan Mathew September 20 (Reuters) – Concerns about the fallout from a possible default by property developer China Evergrande caused emerging market bonds to spiral downwards on Monday, as stocks and currencies experienced their worst fall in a month. Central bank meetings this week, notably those in Brazil and …
Read More »Argentina seeks climate unity in Latin America ahead of summit
Without announcing new commitments, governments in Latin America have sought to unify their positions on climate policy two months before UN summit COP26 in Glasgow. At a high-level virtual event hosted by Argentina this week, presidents and ministers highlighted the impacts of the climate crisis on the region and called …
Read More »UK signs partnership in Central America to boost trade – English version
UK Export Finance has launched a new partnership with the Central American Bank for Economic Integration to support the development of projects in the region. The Memorandum of Understanding (MoU) will allow for closer economic collaboration between the UK and Central America. The countries that can benefit from the joint …
Read More »RACO Investment founder Randall Castillo Ortega explains why FinTech is a great partner for SMEs
Small and medium-sized enterprises (SMEs) represent around 95% of the economic fabric. Their importance in the recovery of these is indisputable, but they do not always have the necessary resources or support. In this context, FinTech companies constitute a fundamental support for its success. For a rapid economic recovery, SMEs …
Read More »Jose Duarte explains how entrepreneurs can find investors for their startup
Sometimes having a good idea isn’t enough to get your business off the ground or, if it already exists, to get your business off the ground. In many cases, it is necessary to have investors who believe in the potential of your project and to secure the funds necessary to …
Read More »Here’s how much you would have if you invested $ 1,000 in MercadoLibre a decade ago
HHow a stock’s price changes over time is an important factor for most investors. Not only can price performance impact your portfolio, it can also help you compare investment results across sectors and industries. Fear of Running Out, or FOMO, also plays a role in investing, especially with particular tech …
Read More »El Salvador is committed to rediscovering the former splendor of its agriculture to stimulate economic development and provide opportunities for its people
By: (IICA), Press release Brasilia, August 6, 2021 (IICA) – El Salvador seeks to revive its agriculture and hopes to become again a regional reference in terms of food production as it was in the 1970s, in order to support the development of its economy, explained the Minister of Agriculture …
Read More »RACO Investment Founder Randall Castillo Ortega Explains Income and Expense Tracking in SMEs
Cash flow indicates the total amount of money that flows through a business. The money comes in because of a business ?? activities, for example customer shares, government grants and loans, are considered income. Understanding and monitoring from both parties is essential to maintaining a strong business, and Randall Castillo …
Read More »RACO Investment Founder Randall Castillo Ortega Explains How Ecommerce Is Changing
Randall Castillo Ortega of RACO Investment outlines what companies should consider before expanding internationally following the COVID-19 pandemic. San José, Costa Rica – WEB WIRE – Thursday August 5, 2021 There are many new risks to consider, including local compliance issues, intellectual property protection or infringement, fraud, corruption, and taxes. …
Read More »Sir.[B] Self-service storage: growth in Central America
At the end of the 90s, our founding partners decided to launch an American self-storage business model in Central America. Founded in 1998, Mr. Bodeguitas, now known as Mr.[B] Self Storage, continued its first development in Guatemala, the largest economy in the region and the country with the most populous …
Read More »Latin America facing the perfect storm
Q REPORTAGES – MADRID / MONTEVIDEO – Latin America is going through a series of particularly serious crises. The region’s economies are stagnating. His policy is broken. And above all, the health of its inhabitants is in danger. The mass protests that have recently broken out in several countries bear …
Read More »RACO Investment Founder Randall Castillo Ortega Provides Professional Accounting Advice To Any Small Business
There is no absence of subtleties that must be considered as a businessman. Perhaps most important, however, is to get the bookkeeping action as a whole. Tracking costs, revenues and profits early on will help the business grow further and prove to be more efficient and competent. While looking after …
Read More »Brazilian API Integrated Lending FinTech Pioneer Dinie Raises US $ 3.8 Million in First Funding Round
SÃO PAULO – (COMMERCIAL THREAD) – Brazilian pioneer of API-based integrated finance, Dinie, announced a US $ 3.8 million funding round led by Accion Venture Lab and K50 Ventures, with participation from Flourish Ventures, Domo Invest and Tribe Capital, among other funds, and several people from companies such as Bill.com, …
Read More »Citi LatAm launches digital accounts for businesses
Citi Treasury and Trade Solutions (TTS) in Latin America deployed its Citi digital account to help institutional clients digitize their banking experiences, eliminating the need for signature cards, check books or manual wet signature transactions, according to a statement Press. In addition, customers will benefit from a suite of digital …
Read More »Developing countries and UN seek clear plan for pledged climate finance | News | Eco-Enterprise
Pressure is mounting on rich countries to say exactly how they will deliver the $ 100 billion a year funding pledged to help poorer countries tackle climate change, the UN chief and the Great Brittany calling on Thursday for a clear plan. AT summit hosted by Bangladesh, finance ministers from …
Read More »Developing countries, UN seek clear plan for pledged climate finance
By Naimul Karim, Megan Rowling DHAKA (Thomson Reuters Foundation) – Pressure is mounting on rich countries to say exactly how they will deliver pledged $ 100 billion a year in funding to help poorer countries tackle climate change, the UN chief and Britain calling Thursday for a clear plan. At …
Read More »Legislative Assembly votes in favor of IMF loan to Costa Rica –
The Legislative Assembly approved, during an initial debate, the loan of $ 1.778 billion from the International Monetary Fund (IMF) to Costa Rica. Thirty-eight lawmakers voted for, six against and 13 abstained in Thursday’s vote. The bill must pass a second vote by the same legislative body; it’s scheduled for …
Read More »When the force of nature meets design
This article originally appeared on Circulate News. From the lush tropical rainforests of Costa Rica to the savannah-like Brazilian Cerrado to the glaciers of Patagonia, the region of Latin America and the Caribbean is rich and diverse in landscapes and natural resources. The region contains 40 percent of the world’s …
Read More »Caribbean Business News Round-Up – July 2, 2021
Some 2,757 private jets landed in the Turks and Caicos Islands between January and June of this year, TCI Sun reported. By NAN Business Editor Americas News, NEW YORK, NY, Fri July 2, 2021: Here are the top Caribbean business news headlines making the news this week. REGIONAL U.S. lawmakers …
Read More »Wingo Airlines starts operations on its San José-Panama route
Wingo Airlines has successfully started the operation of its new route between San José and Panama on June 25. On board the company’s Boeing 737-800 NG which landed around 9.44am in the morning at Juan Santamaria International Airport, the first travelers arrived who appreciated this new flight; which will initially …
Read More »Nine reasons you’ll love living in Costa Rica the Costa Rica news
Costa Rica is a young, prosperous and cosmopolitan nation that opens its arms to the world and wants to show you what makes it unique. There are countless reasons (and whatever you want: rational, emotional, philosophical, aesthetic, etc.) to be able to demonstrate why the foreigner ends up loving the …
Read More »Three Bogota Fintech startups that will create a lot of buzz in the years to come
Bogota – June 28, 2021 (Investorideas.com Newswire) According to figures analyzed by Invest in Bogota, in 2020, local startups received an investment of more than $ 650 million, with fintech being one of the main industries. Fintechs are tools that allow greater and better access to financial services through technology. …
Read More »Costa Rica signs $ 500 million loan with IDB –
Costa Rica on Thursday formalized two budget support loans to the Inter-American Development Bank (IDB), for an amount of $ 500 million. The first of the loans, of $ 250 million, will be used to deal with the health emergency caused by the Covid-19 pandemic, by supporting homes and businesses …
Read More »Paralysis of flights from Canada hits tourism in Costa Rica
QCOSTARICA – The paralysis of flights from Canada last January hit Costa Rica’s tourism sector, with Canada being the second largest source market for tourists in the country before the pandemic, accounting for 7% of tourists. In the photo, an Air Canada plane, with its red maple leaf logo on …
Read More »US announces plans to allocate 5.5 cr COVID-19 vaccine doses to India and other countries
The United States has announced plans to allocate 5.5 crore doses of COVID-19 vaccines to the rest of the world as a second tranche, including 1.6 core jabs to 18 Asian countries such as India, Pakistan and Nepal, under the Biden administration. trying to end the pandemic in the world. …
Read More »The Soviet spy who attacked Trotsky, was the Ambassador of Costa Rica, met the Pope and laid the foundation for Latin American studies in the USSR
At the end of 1953, the Costa Rican Ambassador to Italy and Yugoslavia, businessman Teodoro Bonnefil Castro, informed San José that he was going on an extended vacation, and two weeks later he resigned, arguing that his wife needed prolonged treatment in Switzerland. Then he disappeared without a trace. Thus …
Read More »Funding to support reforms for inclusive growth and development
A new Platform presenting real-time data from 33 countries in Latin America and the Caribbean revealed that when it comes to environmentally sustainable post-COVID-19 spending, Latin America and the Caribbean is lagging behind the rest of the world: 0.5% of total spending and 2.2% of long-term stimulus spending was environmentally …
Read More »Latin America vastly under-spends on post-pandemic green recovery
Latin America is investing too little in a green recovery after the Covid-19 pandemic, with just 2.2% of the region’s stimulus funds spent on environmentally sustainable projects last year, according to a new platform developed by the University of Oxford and the UN. 2.2% Stimulus funds from Latin America were …
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