MEXICO CITY (AP) -- After decades of depending on inflows of foreign capital to develop its economy, Mexico turned a corner and become a net exporter of direct investment capital in 2012, according to a report released Monday.
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Thursday, February 28, 2013
Wednesday, February 27, 2013
Brazil's January Unemployment Rises to 5.4% As Holidays End
RIO DE JANEIRO--Brazil's unemployment rate rose in January from December as companies let go of seasonal holiday workers, though joblessness remained near record lows.
Tuesday, February 26, 2013
Mexico's 2012 Current Account Deficit Equal to 0.8% of GDP
MEXICO CITY--Mexico registered a moderate current account deficit in 2012, as its first trade surplus in 15 years and transfers from Mexicans working abroad offset deficits in interest payments and services.
Monday, February 25, 2013
Latin America Is High-Profit Region for Global Firms -Survey
A majority of multinational companies say Latin America is their most profitable emerging-market region, which bodes well for future investment in countries such as Mexico, according to a survey by Frontier Strategy Group, a firm that works with senior business executives that target emerging markets.
Sunday, February 24, 2013
Sizzling prices heat up wage talks in Argentina
BUENOS AIRES (Reuters) - A stagnant economy and one of the world's highest inflation rates are making Argentina's annual wage talks thornier than ever this year just as President Cristina Fernandez turns her attention to mid-term elections.
Saturday, February 23, 2013
Ecuador's Correa plans no sweeping reforms, wants investment
QUITO (Reuters) - Beaming after his re-election last weekend, Ecuador's President Rafael Correa said on Thursday he is not planning sweeping reforms and instead hopes to attract investors and diversify the economy from its dependence on oil exports.
Friday, February 22, 2013
Avon Offers Mexican Sales Reps Accident and Life Insurance
MEXICO CITY--Avon Products Inc. ( AVP ) said Tuesday it's offering its sales representatives in Mexico, one of its biggest markets, accident and life insurance via a program that it expects to spread to additional countries in Latin America and perhaps the world.
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