Posts in tag

economy


(KTVX/CNN) – A new report says the number of Latino entrepreneurs in the United States has grown significantly and that’s boosting the economy. Jorge Fierro’s path to business started with a can of beans. “I went to get some beans at a supermarket, canned beans, and I was actually pretty disgusted by it,” Fierro said. …

Puerto Rico’s government is pushing a strategic plan to transform the Caribbean island into an “investment bridge” from Spain to the United States and Latin America and is offering fiscal and legal incentives to Spanish investors, Puerto Rican Secretary of Economic Development and Commerce Alberto Baco said in an interview with Efe. The new administration …

(Reuters) – The Mexican economy faces increased risks as the U.S. Federal Reserve rolls back its massive stimulus, but the government will for now stick with its forecast for 3.9 percent growth this year, a top official said on Wednesday. Data last month showed the economy slowed sharply in the fourth quarter of 2013, dragging …

Brazil’s finance minister launches spirited defense of economy following third quarter GDP slump, insisting rebound ahead Brazil’s economy is set to return to growth in the fourth quarter and continue that way in 2014, finance minister Guido Mantega said on Tuesday. His defense of the country’s growth trajectory comes as the country reported a fall …

BUENOS AIRES, Argentina (AP) — President Cristina Fernandez returned to work Monday after six weeks of rest from skull surgery, and quickly remade her Cabinet with appointments suggesting she may tighten her grip on the economy and take an even harder line in Argentine debt negotiations. Axel Kiciloff, a fiery, unorthodox economist who pushed for …

Around the world there is a consistent correlation between a country’s per capita GDP and how well it scores on innovation indices – the wealthier a country gets, the more innovative it becomes. Except, that is, in Latin America, which has seen countries across the region make a step up in terms of economic development …