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Archive for April, 2009

U.S. Promotes “Good Friends” Policy in Central America

Posted on April 30th, 2009 by admin

SAN JOSE – Barack Obama’s administration wants a new, more collaborative relationship with Central America, U.S. Vice President Joe Biden told leaders at a regional summit in the Costa Rican capital.
“From the beginning of the administration we wanted to show that we want to start new ties with our neighbors, based on mutual respect and [...]

Irans Strategic Penetration in Latin America

Posted on April 30th, 2009 by admin

April 25, 2009
Iran and its Proxy Hezbollah: Strategic Penetration in Latin America
First published as Working Paper by the Real Instituto Elcano (RIE), Madrid
Dr. Ely Karmon*

‘Iran’s President Mahmoud Ahmadinejad must love the tropics’, commented ironically The Miami Herald.[1] He has spent more time in Latin America than President Bush. Since his inauguration in 2005, Iran’s [...]

Obama’s promises and perils

Posted on April 22nd, 2009 by admin

HEART TO HEART
With Betty Ann Blaine
Tuesday, April 21, 2009
Dear Reader,
The highly anticipated regional Summit of the Americas has just concluded with the usual pomp and pageantry and with heaps of flashing camera and television lights.
The American superstar president, Barack Obama, was the main event and there was no doubt that he came, he spoke and [...]

Latin American offshoring drives gains amid crisis

Posted on April 22nd, 2009 by admin

MANAGUA, Nicaragua – On the sixth floor of one of Managua’s only high rises, young men and women spend hours on the phone in fast-flowing English. Televisions flash MTV and soccer, and walls of windows give a sweeping view of the city’s volcano-rimmed lake.
Calling in are customers from across the U.S. with questions about their [...]

No Region Left Behind: Has the recent financial crisis provided the necessary impetus for sovereign wealth in Latin America?

Posted on April 22nd, 2009 by admin

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Calling All Nicaragua Real Estate Owners
Have Nicaragua real estate to rent or sell? Why not list your property here? We guarantee you will get MORE views than Escape Artist, Viviun, or Craig’s List – or your [...]

Private Sector Has Bigger Role to Play in the Americas

Posted on April 22nd, 2009 by admin

WASHINGTON, D.C. – With the fifth Summit of the Americas beginning Friday, Gallup finds a median of one in three respondents across 20 Latin American nations agree that large companies in their country engage in various acts of corporate social responsibility (CSR). These acts include investing in their employees’ development, promoting advancement, making important donations, [...]

Raymond Labbe: A Transformed Life Transforms Others

Posted on April 22nd, 2009 by admin

Ray Labbe’s recovery from cancer not only restored his health but gave him a sense of purpose that guided him for the rest of his life.
Raised a Roman Catholic, he had drifted away from his childhood faith until he became seriously ill with non-Hodgkin’s lymphoma.
“In the course of the cancer, he reconciled his relationship with [...]

Ormat (NYSE: ORA): Invest In Geothermal Power

Posted on April 22nd, 2009 by admin

“Zero greenhouse gas emissions, 90% average availability as a power source, minimal land requirements and competitive costs: those are just a few of the advantages of geothermal power,” explains Roger Conrad.
In his leading-edge New World advisory, he looks at one favorite play on the sector, worldwide geothermal plant operator, Ormat Technologies (NYSE: ORA).
“Geothermal’s chief disadvantage [...]

South American real estate: Sun spots

Posted on April 14th, 2009 by admin

Despite plummeting real estate prices worldwide, not everyone’s willing to give up on this traditional investment. Some are setting their sights down south, buying up properties in popular hot spots such as the Dominican Republic and Saint Lucia.
“Understandably, most Canadians simply want to escape from the bitter cold winters,” says Stewart Andrews, a real estate [...]

Pro Mujer microbank gains charity status

Posted on April 14th, 2009 by admin

British corporate and individual donors can help tens of thousands of the world’s poorest women and their families to be lifted out of poverty permanently as a pioneering microfinance organisation continues to extend its operations across Latin America.
Pro Mujer (“for woman”), founded in 1990, is well established in Bolivia, Nicaragua, Peru and Mexico and is [...]

Looking for an adventure in undiscovered lands? Visit these once off-limits nations

Posted on April 14th, 2009 by admin

We were so far out in the desert that boundaries didn’t matter anymore. Were we in Tunisia? Libya? Algeria? It didn’t matter, our guide Massoud told us, pouring mint tea into my battered metal cup under a Saharan sky filled with stars. Didn’t matter?! Libya supported the bombing of airplanes, and Algerians were killing tourists.
“No [...]

Wall Street: Chuck enjoys a change of luck

Posted on April 6th, 2009 by admin

FORTUNE has finally smiled on Bad Luck Chuck, the would-be Wall Street banker who saw six job offers topple like dominoes.
Now Chuck Casano has landed a job advising start-up businesses that leaves him feeling like a millionaire but gives him enough time to indulge in his favourite sport, surfing. It’s a long way from Wall [...]

Seminole Tribe Sells Nicaragua Hotel, Cattle Ranch

Posted on April 6th, 2009 by admin

Since acquiring the Hard Rock brand in 2006, the Seminole Tribe of Florida has aggressively pursued a strategy of international expansion, with plans including new hotels in Panama and Dubai, among other locales.
But the tribe’s holdings in Nicaragua are no more. Last month, the tribe parted ways with [...]

Women in 34 Countries Highly Vulnerable to Financial Crisis Effects

Posted on April 6th, 2009 by admin

Washington, D.C. – infoZine – The current global financial crisis, combined with recent food price increases, will have serious consequences for women in poor countries and their children, including higher infant mortality, more girls being pulled out of school, and reduced women’s income, the World Bank Group said today.
New World Bank estimates identify 34 developing [...]

Posted on April 6th, 2009 by admin

SAN JOSE – Barack Obama’s administration wants a new, more collaborative relationship with Central America, U.S. Vice President Joe Biden told leaders at a regional summit in the Costa Rican capital.
“From the beginning of the administration we wanted to show that we want to start new ties with our neighbors, based on mutual respect and [...]

How GSK’s access to medicine plans will shake up Big Pharma

Posted on April 6th, 2009 by admin

GlaxoSmithKline believes slashing prices and sharing patents will help the one in six people in the world suffering from a neglected tropical disease
New management like to shake things up. The word from the chief executive’s office is always about “fresh departures” and “exciting horizons”. There might even be a tinkering with corporate strategy for good [...]