Latin America Business News
Mexico Looking to Expand Tourism Markets
March 7, 2013 | by HS News Staff
Mexican officials said at ITB Berlin, the world's largest tourism fair, that their strategy was to expand tourist markets and increase spending by visitors. continue reading »
Tecate Leaves Mexican Ad Agency for U.S. – Better Translation Services Cited
March 7, 2013 | by HS News Staff
Mexican beer Tecate, distributed exclusively by Heineken USA, has announced it is leaving its Mexican ad agency for an American choice so that it can receive a better translated product. continue reading »
Mexico Gives $1.2 Billion Lifeline To Struggling Homebuilding Industry
March 7, 2013 | by HS News Staff
The Mexican government has announced that it will be cover up to 30% of bad bank loans taken out by homebuilders and guaranteeing up to 50% of loans taken out by “healthy” homebuilders, in essence throwing them a $1.2 billion lifeline. continue reading »
Spain’s Repsol to Reduce Its Environmental Efforts in Ecuadorian Amazon
March 6, 2013 | by HS News Staff
Spanish oil major Repsol said Wednesday it plans to invest around $9 million this year in environmental prevention and remediation at the two blocks in operates in the Ecuadorian Amazon, a 10 percent drop relative to 2012. continue reading »
Mexico and New Zealand Leaders Celebrate 40 Years of Diplomatic Relations
March 6, 2013 | by HS News Staff
New Zealand Prime Minister John Key is the first head of state to pay a visit to Mexico's new President Enrique Peña Nieto. Key and the Mexican president discussed expanding trade between regions. continue reading »
Record High for Wall Street
March 5, 2013 | by HS News Staff
Supported by the massive monetary stimulus of the Federal Reserve and a gradual recovery in the world's largest economy, the New York Stock Exchange's benchmark in continue reading »
Carlos Slim Tops Forbes Richest List Again, Spain’s Ortega Moves to 3rd
March 5, 2013 | by HS News Staff
Mexican mogul Carlos Slim topped the Forbes list of billionaires for the fourth year in a row, while Spanish clothing magnate Amancio Ortega vaulted ahead of U.S. inv continue reading »
Latin America News: Peru Seeking to Become World’s #1 Copper Producer
March 5, 2013 | by HS News Staff
In Latin America news, Peru is seeking to becoming the world's number one producer of copper and see that it can accomplish that goal in the next 10 to 15 years. Currently Peru is the second largest producer of copper behind Chile continue reading »
Following Slower Than Expected Growth, Analysts Revise Brazil’s 2013 Forecast
March 4, 2013 | by HS News Staff
Financial analysts have revised their 2013 growth forecasts for Brazil downward from 3.1 percent to 3.09 percent, the Brazilian Central Bank said in its Boletin Focus on Monday. continue reading »
Chevron Open to Mediation Over $19 Billion Environmental Damage Fine
March 4, 2013 | by HS News Staff
U.S. supermajor Chevron Corp. is open to having the Bolivarian Alternative for the Americas, or ALBA, or the Union of South American Nations, or Unasur, mediate with Ecuador, a high-level company executive said. continue reading »
