Join key industrial desalination companies, regulatory authorities, government, technology & equipment suppliers, and investors across Latin America, the US, Canada and Europe at the 3rd International investment conference and exhibition “Desalination Latin America” which will be held on 24-25 March 2021
Global Personal Freedom Declines Notably According to New Human Freedom Index
The HFI captures the degree to which people are free to enjoy important rights such as freedom of speech, religion, association, and assembly, and measures freedom of movement, women’s freedoms, crime and violence, and legal discrimination against same-sex relationships. While economic freedom around the world has increased slightly since 2008, the report finds that of the 12 major categories that make up the index, all but five have seen some deterioration, with Religion, Identity and Relationships, and Rule of Law seeing the largest decreases since 2008.
Fintech Firms See Growth In 2020 Related To COVID Lockdown Measures
These trends were also seen in fintech employment in these economies. Fintechs in countries with more lockdown restrictions reported an average of 10% increase in full-time employees, while fintechs in economies with fewer lockdown restrictions actually saw their full-time staff decrease by 19%.
US DFC Approves $2.1 Billion USD in Global Development Investments
More than 65% of DFC’s capital approved this quarter will be deployed to low and lower-middle income countries, and fragile states. Many of the investments approved this quarter advance DFC’s 2X Women’s Initiative, Portfolio for Impact and Innovation (PI2), Health and Prosperity Initiative, and Connect Africa initiative as well as the Administration’s Prosper Africa and América Crece initiatives.
PriceSmart Announces Plans to Build Two New Warehouse Clubs in Jamaica & Guatemala
Once open, these would be PriceSmart's second location in Jamaica, and its 5th location in Guatemala.
Global Infrastructure Partners Closes 2 Funds WIth $2.8 Billion USD In Capital
GIP CAPS II has closed on aggregate Limited Partner commitments of $1.4 billion and GIP Spectrum has closed on aggregate Limited Partner commitments of $1.4 billion. The funds' diversified investor base includes public and private pension plans, sovereign wealth funds, insurance companies, financial institutions, asset managers, endowments and high net worth individuals located across North America, Europe, Asia and the Middle East.
Atlas Ocean Voyages Launches “At Last…Atlas” Campaign WIth Ashley Tamar
Grammy-nominated Singer, Songwriter and Actress Ashley Támar to Deliver At Last… Atlas on behalf of Atlas Ocean Voyages in order to welcome travelers back to cruising.
PayPal Is Serious About The Americas Says CTO Sri Shivananda In This Exclusive Interview
PayPal's Sri Shivananda: "In LatAm, PayPal continues to grow our partnerships with marketplaces like MercadoLibre, who recently added PayPal as a checkout option in Brazil and Mexico."
Free Report Available: Current Status Of The Latin American Lithium Industry 2020
Get the free report about Current Status of the Lithium Industry in Latin America 2020 prepared as a prologue to the 2nd Online Business Congress and 1-2-1 meetings “Lithium Latin America” (24-26 November), during which key industrial lithium producing enterprises, regulatory authorities, technology and equipment suppliers, and investors across Latin America, the US, Canada and Europe will discuss the issues of greatest impact for the development of the industry.
US Citizens Abroad: Don’t Forget To Cast Your Absentee Ballot In Runoff Elections!
The U.S. 2020 general elections have passed, but election season is not over! If you vote in a state or jurisdiction with runoff elections for federal and local offices, the U.S. Embassy can assist with the return of your voting materials.
Fitch Ratings Says LatAm Electricity Sector Should Remain Resilient Through Pandemic
Fitch expects the pandemic to affect overall revenues and leverage, but electric corporates generally have sufficient leverage and liquidity to absorb shocks.
Visa To Acquire YellowPepper, Strengthening Latin American / Caribbean Fintech Capabilities
YellowPepper will facilitate an easier integration to Visa Direct, Visa’s real-time push payments platform, Visa B2B Connect, Visa’s non-card-based payment cross-border B2B network, and value-added services.
Pressured By Coronavirus Pandemic, August PriceSmart Sales Flat
PriceSmart, Inc. (NASDAQ: PSMT) announced that for the month ...
Chubb Launches Chubb Studio Fintech Platform to Digitally Underwrite Insurance
Property & Casualty insurer Chubb has announced the launch ...
US Citizens Outside The Country May Still Vote, Following These Guidelines:
The U.S. general elections are under three weeks away! The U.S. Embassy is not a polling location where you can vote on Election Day, so send in your ballot as soon as possible!
Join Finance Americas at The Online Hydropower Latin America 2020 Congress
The Online Business Congress and 1-2-1 meetings "Hydropower Latin America 2020" is an international, professional platform, bringing together over 250 C-level executives of hydropower plants, LatAm Ministries of Energy, hydropower companies, investors, EPCs, equipment and service providers from all over Latin America.
Ibex Limited Launches Initial Public Offering, Listed On NASDAQ
CX Outsourcer IBEX Limited today announced the pricing of its initial public offering of 4,761,905 common shares at a price of $19.00 per share.
Copa Airlines Reports $386 Million USD Loss For Q2 2020
Copa has now scheduled the restart of its regular commercial flights for September 4th, 2020.
Survey Reveals Optimism for Future of Business and Investment in Central America
Biz Latin Hub conducted a survey asking for participants’ perceptions of doing business in Latin America. Notably, several Central American countries received mention from respondents as key opportunities for business development and growth in the region.
Despite Coronavirus Restrictions, PriceSmart Sales Down Less Than 2% In June
PriceSmart, Inc. (NASDAQ: PSMT) announced that for June 2020 net merchandise sales decreased 1.5% to $249.2 million USD from $253.1 million in June a year earlier in its warehouse clubs in The Caribbean & Latin America.
Over 30,000 May Die In Caribbean From COVID-19 Says University of Washington Institute
Caribbean mortality projection: 8,231 Central America mortality projection(ex-México): 22,546
Fitch Sees Rising Latin American Debt Defaults
The number of defaults in 2020 is on pace to exceed that of 2019 with indications there will be more to follow, given 6 group-level defaults YTD compared with 6 in all of 2019, and the high number of ratings at ‘CCC’ or below categories.
Spirit Airlines Fined By US Government For Violating Passenger Rights, Unethical Behavior
Spirit was found guilty of undercompensating passengers, forcing them to sign untruthful documents, and denying their rights after overbooking flights.
Fitch Is Bearish On Several Latin American Insurance Carriers
Over the past five weeks, Fitch Ratings has conducted ...
Honduran President Juan Orlando Hernández In Stable Condition, Hospitalized With COVID-19
Honduras President Juan Orlando Hernandez is in stable condition after being hospitalized last week with the COVID-19 Coronavirus infection. His wife is also hospitalized.
Copa Airlines Fined $450,000 By US Government For Violating Venezuela Sanctions
The U.S. Department of Transportation fined Copa Airlines $450,000 for unlawfully transporting passengers between the United States and Venezuela via a stopover point. Copa was ordered to cease and desist from future similar violations.
East West Goes North South With Costa Rican Manufacturing Expansion
Atlanta, Georgia based OEM contract manufacturer East West has ...
Costa Rica Invited To Join OECD
The Organization for Economic Cooperation and Development (OECD) has announced that it has extended an invitation to Costa Rica to become the 38th member state of the organization.
Report: Oil Profits For Latin American Operators Will Fall By 2/3 In 2020
During 2020, Latin American oil and gas companies' profitability is expected to decline to one third of 2019 levels, while cash flow is expected to remain under pressure through 2021 as recovery will likely be protracted, according to a new Fitch Ratings report.
Jamaica, Paraguay, Guatemala, Nicaragua Escape Negative Credit Outlook & Remain Stable, Says Fitch
For most speculative-grade sovereigns, limited financing options either constrain fiscal stimulus or heighten liquidity and macroeconomic risks where it is enacted. All are on Negative Outlook except Jamaica (B+), Paraguay (BB+), Guatemala (BB-) and Nicaragua (B-), which all have a Stable Outlook.
Jamaican Outsourcer itelBPO Continues Expansion, Making Canada Its 6th Nationality & Second New Country In 2020
itelBPO Expands Into Canada With New Francophone Telework Capabilities
Barbados Upset About Being Blacklisted By European Union
The Government of Barbados considers the blacklisting of the country by the European Union over its regulatory regime to combat money laundering and terrorist financing to be both unjust and regrettable, says Attorney General and Minister of Legal Affairs, Dale Marshall
Atlas Ocean Voyages Sets Fall 2020 Caribbean & South American Itineraries
Atlas Ocean Voyages today announced that the Luxe-Adventure Expedition Cruise brand is augmenting its inaugural-year offerings with four new Transatlantic, Caribbean and South America itineraries in October and November 2021.
Suriname Presents Covid-19 Financial Relief Package
The government of Suriname has announced an economic stimulus and support package to mitigate the effects of the Coronavirus COVID-19 Pandemic in the South American country.
Guyana Goldfields Rejects Gran Colombia Gold Stock Swap Offer
Guyana Goldfields Inc. (TSX: GUY) has said that its board of directors has unanimously determined to reject the unsolicited proposal announced by Gran Colombia Gold Corp. (TSX: GCM) made last week to acquire the company in a stock swap.
Moody’s Downgrades Belize to Caa1, Cites “Severe Economic Shock”
Moody's has downgraded the sovereign credit rating of Belize to Caa1 and expects the Central American country to defer interest payments on debt.
Guyana Goldfields & Gold X To Be Acquired By Gran Colombia Gold
Toronto, Canada based Gran Colombia Gold Corp. (TSX: GCM; ...
Complementary Gold & SIlver Mining Symposium Online May 12
GOLD & SILVER – MODERNIZATION AND EXPANSION OF GOLD & SILVER PROJECTS IN LATIN AMERICA. MAY 12TH 2020, 10:00 a.m. Lima Time https://bit.ly/2yF1z1N
ICAO: Caribbean, Central American Countries Must Cooperate On Aviation Sector Recovery
The ICAO's Dr. Fang Liu encouraged regional civil aviation authorities to coordinate efforts to protect the commercial aviation industry and enhance economic recovery after the Coronavirus COVID-19 Pandemic.
Copa Airlines Seeks To Resume Flights June 1st
Copa Airlines is seeking approval to restart operations at Panama City's Tocumen International Airport on June 1 after suspending regular flights due to the Coronavirus COVID-19 Pandemic
Vostock Capital Announces Upcoming Free Mining & Petroleum Industry Webinars For Latin America
Stay informed of Vostock Capital’s free webinars by following them on Instagram @vostockcapitallatam
Jürgen Stütz Named To Blue DIamond Resorts As SVP Sales, Marketing & Distribution
Blue Diamond Resorts Names Jürgen Stütz As Senior Vice President, Sales, Marketing & Distribution
Alorica Announces Full Salaries Will Be Paid For Employees Infected With COVID-19 Coronavirus
Alorica has reconfirmed that there will be payment of full salaries for all team members who have tested positive for COVID-19 for the duration of their sick leave.
Statement From Alorica In Response To Finance Americas Articles On Jamaica COVID-19 Infections
It is with great concern and sadness that the management of Alorica acknowledges that members of our Alorica team at our Portmore, St. Catherine facility have tested positive for the SARS-CoV-2 (COVID-19) Virus.
Update: Almost Half of 125 Coronavirus Cases In Jamaica Linked To Alorica
Jamaica now has 125 cases of Coronavirus COVID-19 infections, up from 73 cases just 48 hours ago. There are now 52 cases that the health ministry attributes to an Alorica contact center in the Kingston suburb of Portmore.
31 of 32 New Coronavirus Cases In Jamaica Linked To Alorica Call Center, Government Announces Criminal Investigation
Jamaica's Prime Minister Andrew Holness has asked police & health officials to investigate circumstances regarding the Coronavirus outbreak at Alorica, and to bring any appropriate charges.
PriceSmart Sees Sales Surge Almost 20% In March, Postpones New Jamaica, Colombia, Costa Rica Stores, To Launch Online Shopping & Delivery Option
International warehouse club operator PriceSmart announced that for the month of March 2020 net merchandise sales increased 17.1% to $306.1 million USD in the midst of the Coronavirus COVID-19 Pandemic.
Altia Smart Cities Stays Open, Protects BPO & Contact Center Workers During Pandemic
To support all of their customers, ALTIA directly requested special permission to continue operations from the Honduran government and coordinated with health officials, following their guidelines in a very strict manner.
US Firm Offers N95 Masks Available For Immediate Delivery To Domestic & International Destinations
German Trejo of G&T Consulting, has confirmed, that it has available stocks of genuine 3M and other branded N95 masks, as well as versions by other manufacturers available for rapid delivery
IAOP Launches Impact Sourcing Champions Index
IAOP, the International Association of Outsourcing Professionals today announced the launch of its Impact Sourcing Champions Index, IAOP's inaugural list of companies that have distinguished themselves as trailblazers in impact sourcing.