Latin America

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CFI.co Meets Juan Pablo Córdoba Garcés

Mr Córdoba Garcés assumed his current position as CEO of the Colombian Securities Exchange in March 2005. Since then his main challenge within the organization has been the transformation of the exchange into a modern business. For this the exchange

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World Bank Initiative for a Low Carbon Future

The World Bank has announced a new Low-Carbon Liveable Cities (LC2) Initiative to support developing country cities around the world in their efforts to plan low-carbon, climate-smart development and get finance flowing. The initiative – which aims to reach 300

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IPPC Report on Global Warming: Formidable Effort in Juggling with Fuzzy Numbers

In about 25 years the world will have used up its remaining “carbon credit” for the current century. Additional emissions will contribute to global warming beyond the tipping point of two degrees (C), the safety threshold used by most scientists

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WTO Forecasts Gradual Recovery Despite Cut in Trade Forecasts

World trade growth in 2013 and 2014 is likely to be slower than previously forecast. WTO economists now predict 2013 growth of 2.5% (down from the 3.3% forecast in April) and 4.5% in 2014 (down from 5.0%), but they say

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Learning the Ropes in Peru: Chinese Companies Engage Local Communities

Chinese companies are learning how to navigate the tricky waters of community politics in perhaps the most unlikely of places: Peru. Here, Chinese businesses have found it next to impossible to buy their way into the local hearts and minds.

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A Flash in the Pan Fizzles Out: The Downfall of a Brazilian Tycoon

Playing the markets and getting at the mega-bucks with financial wizardry does not a businessman make: Brazil’s flamboyant Eike Batista – erstwhile owner of the world’s seventh largest fortune – has fallen off his perch in the most spectacular of

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Christopher Colford, World Bank: Competitive Cities Can Meet the Challenge of Job Creation

Focusing policies on competitive industries can provide jobs for the impoverished, hungry, restive urban millions As magnets for talent and crucibles of creativity, dynamic cities are the pacesetters for innovation in this era of relentless global competition. Vibrant metropolitan regions

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The Limitless Power of Latin America: Renewables to Light Up a Continent

In Latin America, renewable energy can supply up to 22 times the region’s power needs, even taking into consideration future growth. Wind, solar, geothermal, biomass and ocean energy sources can generate up to 80 pWh (petaWatt-hour*) of electricity while by

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IFC – International Finance Corporation: Eliminating Poverty, One Loan at a Time

The famed Peruvian economist Hernando de Soto has said it all along: The world’s destitute are oftentimes somewhat less poor than they think. It’s just that untold millions are toiling away in the informal economy and as such remain under

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Ernst & Young, Argentina: Trusts, Tax Evasion and Money Laundering

By Horacio López Tax division partner at Ernst & Young Argentina On June 30, 2013, it will be a year since General Resolution No. 3312 became effective, and in July it will expire once again, this time for 2012. This

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