Tag Archives: latin america

Happiness levels around the world in 2022

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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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. …

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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 …

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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 …

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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 …

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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 …

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‘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 …

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Three steps towards more female entrepreneurship in Latam

[ad_1] 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 …

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The Dominican Republic has fared better than its peers

[ad_1] 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 …

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Latin America and the Caribbean: forecast for 2022

[ad_1] 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 …

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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 …

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Banknotes of 2,000, 5,000, 20,000 and 50,000 printed on cotton paper lose value in 2022

[ad_1] 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 …

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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 …

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Highlights of Pandora Papers Reports in Latin America

[ad_1] 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 …

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External debt: Latin America, in the hands of Wall Street | United States

[ad_1] 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 …

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Costa Rica and the Morpho Butterfly Business:

[ad_1] 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, …

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China’s breakthroughs in Latin America and the Caribbean require a new strategy

[ad_1] The Nicaraguan Foreign Ministry officially abandoned diplomatic recognition of Taiwan and established relations with China last week. “The People’s Republic of China is the only legitimate government that represents all of China, and Taiwan is an inalienable part of Chinese territory,” the ministry said in a statement. This decision …

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Explanation: B3W vs BRI in Latin America

[ad_1] 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, …

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EXPLANATION: Why did China hijack Nicaragua from Taiwan?

[ad_1] 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 …

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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 …

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OAS withdrawal makes Nicaragua “unreliable state” for financial organizations

[ad_1] 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 ”for multilateral organizations, warned the analyst of …

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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 …

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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

[ad_1] 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 …

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Countries in the region urge rethinking the financing agenda for a sustainable and equal recovery

[ad_1] 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 …

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Chile sounds a warning signal across the region

[ad_1] 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 …

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Ortega’s isolation from the OAS “will indirectly affect” financial entities

[ad_1] 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 …

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Bonds and loans Latin America and the Caribbean 2021

[ad_1] 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 …

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RACO Investment founder Randall Castillo Ortega discusses technology in the financial space

[ad_1] 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 …

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Structural reforms cannot be delayed

[ad_1] 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 …

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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 …

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Latin America Equity Markets

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 …

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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 …

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4 things to know before investing in a startup in Costa Rica:

[ad_1] 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 …

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Electronic pole | Global finance magazine

[ad_1] 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 …

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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

[ad_1] 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 …

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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, …

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Latest news on the global spread of the coronavirus

[ad_1] 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 …

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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 …

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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 …

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Which are the most innovative countries in Latin America?

[ad_1] 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 …

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RACO Investment Founder Randall Castillo Ortega Explains How Ecommerce Is Changing

[ad_1] 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 …

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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 …

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Citi LatAm launches digital accounts for businesses

[ad_1] 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 …

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When the force of nature meets design

[ad_1] 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 …

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Costa Rica signs $ 500 million loan with IDB –

[ad_1] 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 …

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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

[ad_1] 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. …

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