Latin America
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HSBC Continues to Sell Non-Core Assets
HSBC is selling businesses in four South American countries as it carries on its plan of leaving what it regards as less promising markets. The deal is still subject to regulatory approval but HSBC has reported the sale of its
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Gold Becomes Peru’s Main Export Item in the First Quarter of 2012
Peruvian gold sales totalled 2.57 billion dollars in the first quarter of this year, making the commodity the country’s top export, the National Mining, Petroleum and Energy Society, SNMPE, announced. Total exports of gold soared 30% last year reaching 10.1bn
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Investing in São Paulo
Welcome to a world of opportunities! Exciting information about the state of São Paulo. There are a lot of bussiness opportunities in this well developed region of Brazil, from agriculture to high-end technology, this state boast the best conditions for
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More Phones Than People in Brazil
With the privatization in 1998, Brazil stopped being a country where the telephone was a privilege for the few. With over $ 235 billion of investments since then, the country is already has the world’s sixth largest telecommunications market. But
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The Race by Brazil’s New Oil Tycoons
The race is on between Brazil’s billionaire oil tycoons, Antonio Augusto de Queiroz Galvao, Marcio Rocha Mello and Eike Batista to see who will come out ahead in the race of extraction in Latin America and Africa. But it is
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Forum to Promote Trade and Investment Relations Latam-India
The potential of India for Latinamerican exports and investment opportunities was underscored during the presentation of a report “India and Latin America and the Caribbean, opportunities and challenges in trade and investment relations” sponsored by the UN Economic Commission for
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Forbes: Brazil’s Booming Economy Is Creating 19 ‘Millionaires’ Every Day
Brazil has been adding 19 ‘millionaires’ per day since 2007 — and that statistic will likely be repeated over the next three years as Latin America’s economic super-power continues to deliver stellar GDP growth and consumption rates, according to bankers.
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CFI Top 25 Most Powerful Individuals in Emerging Markets 2012
Few will argue about Vladimir Putin being the most powerful man in emerging markets this year. On the back of his long term track record of domestic economic success and foreign policy strengths, he will soon be re-elected as President
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CFI Top 40 Billionaires in Emerging Markets 2012
The list is dominated by billionaires from the BRIC economies (65% out of the total number of billionaires). Of these, the Russian (and one Ukrainian) makes up more than half of the billionaires from BRIC economies and 38% of the
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Indonesia To Top “Happy Index”
Indonesian are the world’s most content people according to new research. Emerging markets and half of the BRIC economies (represented by India 2nd, and Brazil 4th) are top 4 in the recently published well-being or “Happiness” ranking. Mexico came 3rd.
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