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December 04 2008 Contact Us
 Latin America

FED rates, fixed income and the USD forecast.
The deterioration in the U.S. economy is a fact. Stagfalation fear is well in place, adverse financial market developments is seen almost on a daily basis, and the worst news re the housing market is yet to come.
ACTE Expands its Commitment to the Central and Latin American Community
The Association of Corporate Travel Executives (ACTE) has further solidified its commitment to the Central and Latin American business travel community by announcing the addition of two new members to the ACTE staff in the region.
Moody\'s: stable outlook for Argentine bank ratings
According to its annual report on the Argentine banking industry, Moody\'s Investors Service says that the ratings of the country\'s banks have a stable outlook.
Moody\'s: stable rating outlooks for Brazil\'s banks
Moody\'s Investors Service\'s ratings for the major Brazilian banks have stable outlooks, according to its annual report on the nation\'s banking system.
Israeli water industry growing
Most of the Middle East countries have to tackle water problems as water scarcity becomes apparent.
Construction works begin on Potosí-Uyuni highway
Construction work started on the Potosí-Uyuni highway with US$75 million in financing from the Andean Development Corporation together with local funds of US$33.2 million.
Moody\'s: Outlook Positive on Colombian Bank Ratings
Moody\'s Investors Service changed the outlook to positive from stable on its Ba3 long-term foreign currency deposit ratings for Bancolombia, S.A and Banco de Bogota, S.A. following a similar action on Colombia\'s foreign currency deposit ceilings today.
DeepOcean wins Petrobras contract
DeepOcean ASA and its Brazilian partner Comphania Brasileira de Offshore (CBO) have been awarded a contract by Petrobras in Brazil.
Moody\'s: Latin American bank loan diversity adequate on average; no rating implications
In its first survey of loan diversity among Latin American banks, Moody\'s Investors Service finds that their credit portfolios are more concentrated than those found in North America, yet are less so than those of their peers in Asia, especially in terms of core profitability.
Moody\'s reviews local-currency ratings of BankBoston Uruguay S.A. for
Moody\'s Investors Service has placed on review for possible upgrade the Ba2 long-term global local currency deposit ratings of BankBoston Uruguay S.A , as well as its Aa3.uy local-currency national scale deposit ratings.
Moody\'s assigns first-time ratings to Banco Bandes Uruguay S.A.
Moody\'s Investors Service assigned a bank financial strength rating (BFSR) of E+ (E plus) to Banco Bandes Uruguay S.A (Bandes Uruguay), a wholly-owned subsidiary of Banco de Desarrollo Económico y Social de Venezuela (Bandes).
Moody\'s Reviews For Upgrade Long-Term Foreign-Currency Ratings Of Brazilian Banks
Moody\'s Investors Service has placed on review for possible upgrade the long-term foreign-currency deposit ratings of certain Brazilian banks.
World Bank OKs US$26 million to promote innovation and improve Uruguay’s competitiveness
The World Bank’s Board of Directors has approved a US$26 million loan to Uruguay in order to implement the Promoting Innovation to Enhance Competitiveness Project.
CAF approves US$15-million loan in favor of Ananindeua municipality
The Andean Development Corporation (CAF) approved a US$15-million loan in favor of Ananindeua municipality in the Belem metropolitan area in the northern Brazilian state of Para.
Moody\'s announces bank rating actions for Bolivia resulting from implementation of JDA and BFSR methodologies
Moody\'s Investors Service today published the rating results for banks in Bolivia as part of the application of its refined joint default analysis (JDA) and updated bank financial strength rating (BFSR) methodologies.
Brazilian, Chilean leaders close World Economic Forum on Latin America
Two Latin American presidents called for deeper regional integration and increased investment in education, two priorities that mirrored a consensus among the 400 business, government and civil society leaders from 28 countries participating in the World Economic Forum on Latin America.
New aid program to Central America
On 18 April 2007 in Guatemala City, EU Commissioner for External Relations and Neighbourhood Policy Benita Ferrero-Waldner will introduce the new aid programme that the European Commission is proposing for Central America for 2007-2013.
CAF OKs loan for Manuel Piar project
The Andean Development Corporation (CAF) approved an 18-year US$600 million loan for the Bolivarian Republic of Venezuela to partially finance the Manuel Piar (Tocoma) Hydroeléctrica Plant Project, which is executed by CVG Electrificación de Caroní CA (CVG Edelca) with the objective of increasing the efficiency and reliability of the Venezuelan National Electricity System.
  China
Brother Group posts JPY 130.5 billion in revenues in second quarter of FY’09
China accelerates railway development with key communication system
Dismal August for GCC Markets
Huawei to Build China\'s First 40G Transmission Network for China Telecom
Solomon: New hope for Malian cotton sector
China Mobile Group Beijing Ltd. selects Nokia Siemens Networks to improve its user experience
Huawei Becomes China Netcom\'s Largest Supplier of Optical Access Solutions
BMW sales in China, India and Russia up during 2007
  India
A-Star compact car launched in India by Maruti Suzuki
India’s balance of payments position reported
Mobile data services to contribute 18 percent of operation revenues in 2010.
High expectations from Bozizé visit
  Russia
Volatile Markets Mean Big Opportunities in Forex
Russian investors shy away from Serbian properties
Moody\'s comments on the Russian government\'s announced measures of support for the Russian banking sector
Feiler on Greek banks expansion to the Balkan
  Latin America
FED rates, fixed income and the USD forecast.
ACTE Expands its Commitment to the Central and Latin American Community
Moody\'s: stable outlook for Argentine bank ratings
Moody\'s: stable rating outlooks for Brazil\'s banks