Will Latin America Regain Prosperity in 2017?

Developments in the United States and China will impact Mexico and South America differently, experts say. Latin America’s major nations are hoping that 2017 will be the year that they finally recover from the lingering impact of weak commodity prices. For the fourth consecutive year, Latin America’s exports contracted in 2016, according to a reportContinue reading “Will Latin America Regain Prosperity in 2017?”

Brazil Sets Record Trade Surplus of $48 Billion

Brazil’s trade surplus soared to a record U.S. 47.69 billion, the country’s trade ministry’s statistics revealed on Monday. Amid political turmoil, a recession and a weaker real, exports boomed as imports were slashed in 2016. The previous record of $46.45 billion was in 2006, Reuters reported. Brazil’s new record was more than double 2015’s tradeContinue reading “Brazil Sets Record Trade Surplus of $48 Billion”

Agreement Between BNDES and IDB foresees US $ 2.4 Billion for Infrastructure

Investment Resources can be used to finance sustainable energy sectors and in micro and small enterprise projects The National Bank for Economic and Social Development (BNDES) approved this week a US $ 750 million loan for the Sustainable Energy Finance Program. The project focuses on increasing alternative renewable energy participation –  wind, solar and biomass –  the Brazilian energyContinue reading “Agreement Between BNDES and IDB foresees US $ 2.4 Billion for Infrastructure”