Drastic decline of exports in Latin America and the Caribbean

The exports of Latin America and the Caribbean will drop again for the third consecutive year in 2015, with Venezuela and Colombia as the most affected countries due to the drop in the price of oil, and Guatemala and El Salvador as exceptions of the widespread loss. The fall of...

Weakness in raw materials markets

Experts believe that the reduction of demand from China and the prospects of a further strengthening of the dollar if come up in December the interest rates in United States, portend a weakness in raw materials markets. Despite the bad news the Executive of Merrill Lynch, Juan...

China surpassed in 2014 both the IDB and the World Bank as a creditor

China provided last year $ 22,100 million to Latin America, a bigger amount than the 20,000 million of combined funding from the World Bank (WB) and the Inter-American Development Bank (IDB) and the mostly concentrated part in Brazil, Argentina, Venezuela and Ecuador. In 2014,...

Chinese people say goodbye to lunar year of the horse and receive the goat year

Chinese people say goodbye this February 18 to the lunar year of the horse and welcome the goat one in a celebration that, despite its familiar character, also fills the streets of people, as well as parades, fairs and stage shows. The Spring Festival -as the lunar New Year is...

Taiwan: TransAsia funeral values are granted to the families of victims of accident

Representatives of the TransAsia Airways airline yesterday met with the families of victims of the accident in Taiwan to discuss compensations, after starting to grant $ 38,000 to the relatives of the deceased to cover funeral expenses. In the river where the plane crashed last...

Death toll in TransAsia plane crash rises to 32

The death toll increased to 32 after the accident of a plane of the Taiwanese airlines TransAsia, occurred on Wednesday in Taipei, where in addition, 12 people are still being sought by rescue teams and services. Rescue operations were not interrupted throughout the night, with...

Local production of kitchens grew this month

The local production of induction cookers was tripled this month, hand in hand with the help of increased sales of home appliances, which also rebounded from earlier this year, according to managers of manufacturer companies Ecasa, Indurama and Mabe. However, the announcement of...

It is discussed if oil shale prices have reached the limit of profitability

Oil prices have registered a decrease of 50% compared to last year, which would have as a main factor the oil glut largely from oil shale in the United States. According to an estimate of the 2012 Energy Information Administration (EIA), in the world exist around 345 billion...