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Colombia Set to Cut Its Carbon Emissions

The Inter-American Development Bank (IDB) will support a $10.5 million project to set up a system of Verified Emissions Reductions (VERs) in Colombia, with the aim of cutting over half a million tons of carbon emissions over four years through a voluntary trading system, among other measures. continue reading »

Venezuela to Extend Water & Sanitation Services to Rural Communities

Venezuela will improve or expand access to water and sanitation services to 11,000 households in up to 68 rural communities and small towns with a $100 million loan approved by the Inter-American Development Bank (IDB). continue reading »

Argentina Set to Raise Its Minimum Wage by 25%

Argentina, under the leadership of President Cristina Fernandez, is set to raise its minimum wage by 25% to approximately $550 per month wages. The Latin American country already was paying the highest minimum in the region and is living under the highest inflations rates in the region. continue reading »

Despite Sluggish Economy Latin American Exports to U.S. Increase by 22%

Despite the sluggish economy this year, Latin American exports to the U.S. jumped by 22 percent for the first half of the year. continue reading »

Colombia Funds Early Childhood Services for Low-Income Households in Country

The Multilateral Investment Fund (MIF), a member of the IDB Group, is partnering with Fundación Carulla in Colombia to create a franchise of high-quality early childhood services for low-income households in the country. continue reading »

Brazil Govt to Dispatch Security Force in Amazon to Protect Indigenous Tribes from Drug Cartels

The Brazilian government says it will dispatch National Security Force agents to help protect a tribe of uncontacted Indians missing after drug traffickers attacked a government guard post. continue reading »

UPDATE: Suspect Named in Connection With Facundo Cabral’s Murder

Costa Rican Alejandro Jiménez Gonzalez has been named as the main suspect in connection with the murder of the singer Facundo Cabral, last month in Guatemala. continue reading »

Brazilian Elevator Drops 262 Feet Killing 9 Onboard

An elevator accident in Salvador, Bahia Brazil has left nine people dead early Tuesday morning. The accident happened at the construction site of a 32-story building in the Iguatemi area of the city. Nine construction employees were riding the elevator up to the 20th floor of the building when it didn’t stop and hit a cable on the top floor. continue reading »

¡Felicidades! Ecuador on Your 202th Year of Independence

Today, all of Ecuador is celebrating and rejoicing its 202-year old independence from Spain. The Spanish arrived in the 1500’s and stayed for nearly 300 years as it colonized the region and enslaved native populations. continue reading »

Colombian Indigenous Groups Selling Crafts Thanks to Unique UN Program

Sixty indigenous families in Colombia are selling handicrafts in the capital, Bogotá, to cater to an influx of fans attending the ongoing youth soccer World Cup tournament as part of a United Nations-backed initiative to alleviate poverty. continue reading »

20th Anniversary of ‘Martyrs’ of Peru Killings - On Path for Beatification

Today, August 9, 2011, marks the 20th anniversary of the martyrs of Peru killings. Twenty years ago on this date Fr. Michal Tomaszek and Fr. Zbigniew Strzalkowski, Franciscan friars were killed by "Sendero Luminoso"- The Shining Path terrorist organization. continue reading »

CRIME NEWS:  Brazil Students Given Food Mixed with Rat Poison

Brazilian authorities are investigating the claims of a school cook who confessed to mixing rat poison with the students daily mails. The cook came to the attention of authorities after 22 students and 16 teachers fell ill at the Pacheco Prates school and needed to be hospitalized. The Pacheco Prates school is located in the city of Porto Alegre located in southern Brazil. continue reading »

Chile Set to Boost and Diversify Its Fruit Exports

The Inter-American Development Bank today announced the approval of a $32 million loan to Chile’s Grupo Subsole, one of the largest locally owned fresh fruit companies and the country’s third largest table grape exporter. continue reading »

International Condemnation for Murders of Journalists in Mexico and Brazil

The United Nations agency tasked with defending and promoting press freedom condemned the murders of journalists in Mexico and Brazil, two Latin American countries where reporters have already been killed this year. Irina Bokova, the Director-General of the UN Educational, Scientific and Cultural Organization (UNESCO) demanded the killers of both Yolanda Ordaz de la Cruz in Mexico and Auro Ida in Brazil be brought to justice, and called for strong measures to curb violence against journalists. continue reading »

Brazil Refurbishes Hydroelectric Power Plants

In one of the largest energy-efficiency investments ever undertaken in Brazil, a public utility will use a $128 million loan from the Inter-American Development Bank (IDB) to partly finance the rehabilitation and modernization of two large hydroelectric complexes in order to increase power production, lower maintenance costs and double the service life of the facilities. continue reading »

New Homes for Over 300 Street Children of Ecuador

Guayaquil is one of the most important cities in Ecuador, developed mainly on the right bank of the Guayas River, its population reaches 3 million and half. The Nigeria area, which is located on the island of Trinitaria, on the delta of the river, is one of the poorest and deprived areas of the city. continue reading »

UNESCO Names Colombia’s Coffee Triangle as World Heritage Site

Colombia’s beautiful Coffee Region, or properly deemed the Café Triangle, was initially nominated to become a UNESCO World Heritage site in January 2010. Colombia is excited to announce that on June 25th, 2011, the region was officially inaugurated into UNESCO’s prestigious list of World Heritage sites. continue reading »

First Ever Colombia-Brazil Investment Forum to Take Place, Santos, Lula & Others in Attendance

Prominent business and government personalities will take part in the First Colombia-Brazil Investment Forum on August 4 in Bogotá, Colombia. The event, sponsored by the Inter-American Development Bank (IDB), will be inaugurated by Colombian President Juan Manuel Santos, former Brazilian president Luiz Inácio Lula da Silva, and IDB President Luis Alberto Moreno. continue reading »

First Ever Colombia-Brazil Investment Forum to Take Place, Santos, Lula & Others in Attendance

Prominent business and government personalities will take part in the First Colombia-Brazil Investment Forum on August 4 in Bogotá, Colombia. The event, sponsored by the Inter-American Development Bank (IDB), will be inaugurated by Colombian President Juan Manuel Santos, former Brazilian president Luiz Inácio Lula da Silva, and IDB President Luis Alberto Moreno. continue reading »

Brazil Urged to Have Olympics & World Cup Leave “Positive Social Legacy”

The upcoming World Cup soccer tournament and Summer Olympics in Brazil should be harnessed to deliver a “positive social legacy” for the South American country and beyond, the United Nations envoy for sports and peace has said. continue reading »