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Latin America Business News

February 2014 Archives

What to Expect from Today’s ‘Three Amigo’ Meeting in Toluca, Mexico

What to Expect from Today’s ‘Three Amigo’ Meeting in Toluca, Mexico

The North American trilateral summit as it is formally known will take place between President Obama, Mexico’s President Enrique Pena Nieto and Canadian Prime Minister Stephen Harper. continue reading »

Opening a New Business Just Got Easier in Brazil

Opening a New Business Just Got Easier in Brazil

Brazil's government has unveiled a plan to shorten the time required to open a new business, which would be reduced from five months to five days. continue reading »

Mexico’s Bimbo Acquires Canada Bread in $1.65 Billion Deal

Mexico’s Bimbo Acquires Canada Bread in $1.65 Billion Deal

Mexico's Grupo Bimbo said Wednesday it reached an agreement to buy Canada Bread Company Limited for C$1.83 billion (about $1.65 billion). continue reading »

Colombia, Chile, Mexico and Peru Sign Historic Trade Agreement

Colombia, Chile, Mexico and Peru Sign Historic Trade Agreement

The presidents of the member nations of the Pacific Alliance on Monday here signed an Additional Protocol to liberalize the exchange of goods, services and investments within the bloc. continue reading »

Puerto Rico Bonds Downgraded to Junk Status

Puerto Rico Bonds Downgraded to Junk Status

Ratings agency Standard & Poor's reduced its rating for Puerto Rico's general-obligation bonds to speculative, or junk, status. continue reading »

Puerto Rico Committed to Balanced Budget in Spite of $70 Billion Debt Load

Puerto Rico Committed to Balanced Budget in Spite of $70 Billion Debt Load

Facing the prospect of seeing its bonds downgraded to junk status, the Puerto Rican government announced Monday that it will move up by one year its commitment to eliminate the budget deficit and that in the coming weeks it will present a balanced budget for fiscal year 2015. continue reading »

Puerto Rican Entrepreneur Launches First Online Site for Local Designers

Puerto Rican Entrepreneur Launches First Online Site for Local Designers

Puerto Rican businesswoman Melissa Jimenez is the creator of the online store Merodea.me, the first fashion Web site selling clothing from local designers and which is helping push the careers of the fashion designers on the island. continue reading »