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Update: Brazilian Pre-Salt Oil Field Auctions Raise the Bar Again

Wed, 11/01/2017 - 11:28

Update: Brazilian Pre-Salt Oil Field Auctions Raise the Bar Again

Hemispheric UpdatesNaki MendozaWednesday, November 1, 2017

As they did in September, international oil firms showed up in force again in October for auctions of Brazilian oil and gas blocks. On October 27, the National Agency of Petroleum, Natural Gas, and Biofuels (ANP), the regulatory body for Brazil’s oil and gas industry, held two highly anticipated auctions for the crown jewel of the country’s natural resources: the pre-salt fields.

The $1.9 billion pledged in signing bonuses in two pre-salt auctions set a new record, though fell short of Brasilia’s goal of $2.3 billion.

Summary: Venezuela – Scenarios and Next Steps

Mon, 10/30/2017 - 16:01

Summary: Venezuela – Scenarios and Next Steps

Program SummariesRodrigo RiazaThursday, October 26, 2017

Speakers:

A panel of experts shared their take on the government’s bond payment schedule, the country’s deepening economic crisis, and what election results mean for the opposition. 

Resumen de #PeruSostenible: Las necesidades de infraestructura en una nueva realidad climática

Fri, 10/27/2017 - 10:58
2017 Latin American Cities Conferences: Lima

Resumen de #PeruSostenible: Las necesidades de infraestructura en una nueva realidad climática

Program SummariesJulia d'AmoursLuisa LemeHolly K. SonnelandFriday, October 27, 2017

Oradores:

El Presidente Pedro Pablo Kuczynski inauguró la conferencia de AS/COA en Lima, enfocada en el dessarollo económico del país a través de la inversión en infraestructura.
 

#PeruSostenible 2017 Recap: Infrastructure Needs in a New Climate Reality

Thu, 10/26/2017 - 16:29

#PeruSostenible 2017 Recap: Infrastructure Needs in a New Climate Reality

Program SummariesJulia d'AmoursLuisa LemeHolly K. SonnelandThursday, October 26, 2017

Speakers:

President Pedro Pablo Kuczynski opened the conference in Lima, which focused on fostering economic growth through infrastructure investment.

Weekly Chart: FDI in Latin America and the Caribbean

Wed, 10/25/2017 - 11:33

Weekly Chart: FDI in Latin America and the Caribbean

InfographicsHolly K. SonnelandWednesday, October 25, 2017

It’s not hard to see that there’s been a major mood shift when it comes to globalization. From Brexit to Trump, the new protectionist tone spelled a 14 percent decline in 2016 foreign direct investment (FDI) flows to emerging markets as talk of bringing production home in developed economies grew. As an October 2017 report by the Economic Commission for Latin America and the Caribbean shows, the region was not immune.

A global protectionist tone means less foreign investment in emerging markets, but it’s not all bad news for the region.

Update: Peru's Virtual Pipeline

Tue, 10/24/2017 - 17:53
2017 Latin American Cities Conferences: Lima

Update: Peru's Virtual Pipeline

Articles & Op-EdsNaki MendozaWednesday, October 25, 2017

Early last month, a new truck-loading facility opened on the southern outskirts of Lima that will serve as a distribution hub for goods being delivered up and down the country. The logistics and venue would be fairly routine were it not for the nature of the product that will be transported: natural gas. Originally sourced from the Peruvian Amazon, the gas will be used to power and fuel nearly 200,000 homes across the country.

A virtual solution to a long-standing problem

A new distribution system will help bring natural gas to 11 cities across the country.

Overcoming the Skills Gap in Latin America: Challenges, Solutions, and Recommendations

Mon, 10/23/2017 - 17:04

Overcoming the Skills Gap in Latin America: Challenges, Solutions, and Recommendations

Papers & ReportsTuesday, October 24, 2017

Americas Society/Council of the Americas (AS/COA) and Junior Achievement Americas led a roundtable discussion on closing the skills gap in Latin America at Miami Dade College on July 24. The purpose of the discussion was to identify and discuss the key factors behind the widening skills gap in the region, as well as to explore constructive solutions among the public, private, nonprofit, academia, and multilateral sectors that can enhance youth skills training and job placement.

AS/COA and Junior Achievement Americas produced a white paper summarizing the key takeaways of a roundtable discussion at Miami Dade College.

Populism is Coming for Latin America in 2018

Mon, 10/23/2017 - 13:40

Populism is Coming for Latin America in 2018

Articles & Op-EdsBrian WinterMonday, October 23, 2017

Predicting the future of Latin American politics is never easy. To paraphrase the 19th-century revolutionary Simón Bolívar, it is akin to plowing the sea. But even a casual glance over the political horizon should set alarm bells ringing. There is a real danger that outsiders with a stake in the region — from diplomats to global investors — are sleepwalking into 2018. Next year could herald the most consequential regional political realignment in a generation.

Given an election wave, investors and policymakers should pay closer attention to the region, write AS/COA’s Brian Winter and Igarapé Institute’s Robert Muggah for Foreign Policy.

How China and the Trump Effect Have Changed Japan's Position in Latin America

Mon, 10/23/2017 - 10:47

How China and the Trump Effect Have Changed Japan's Position in Latin America

Articles & Op-EdsEric FarnsworthMonday, October 23, 2017

Changing realities in the Americas are forcing Japan to re-evaluate its brand in the region. Seeking to preserve and expand its longstanding economic connections from Argentina to Mexico, Japan is taking active steps to raise its profile in the shadow of China’s continuing push into Latin America and growing uncertainty about the role of the United States under the Trump administration. As the newly protectionist trade talk coming out of Washington threatens economic pillars like NAFTA, there are surprising consequences for Tokyo.

Now is the time for Japan to take a more active role in the region, writes AS/COA’s Eric Farnsworth for World Politics Review.

Trump's Trade Threats Have Pushed Mexico and China Closer Together

Fri, 10/20/2017 - 10:25

Trump's Trade Threats Have Pushed Mexico and China Closer Together

Articles & Op-EdsCarin ZissisFriday, October 20, 2017

With talks to renegotiate NAFTA deadlocked this week over the hard-line positions of the Trump administration, Mexico was again left pondering the fate of its biggest trade relationship. Negotiations over the trade deal will now extend into next year, heightening both the economic uncertainty and Mexico’s desire to branch out, as countries like China look to expand their stake in the Mexican economy.

As NAFTA talks stall, Mexico is taking steps to wean itself from U.S. exports, says AS/COA’s Carin Zissis in a Q&A with World Politics Review.

Update: The Economic Scenario ahead of Argentina's Legislative Elections

Wed, 10/18/2017 - 17:18

Update: The Economic Scenario ahead of Argentina's Legislative Elections

Hemispheric UpdatesElizabeth GonzalezWednesday, October 18, 2017

President Mauricio Macri’s mission to return Argentina’s economy to normalcy is about to get a lot harder—or easier—depending on the results of the October 22 legislative elections. The Sunday’s midterm vote is considered a referendum on the president’s reformist agenda, with Argentines electing a third of their senators and half of their deputies to the upper and lower houses of Congress.

Before the October 22 vote, we look at where economic indicators like inflation, debt, and trade stand.

LatAm in Focus: Getting Ready for the Next Big Earthquake in Mexico City

Wed, 10/18/2017 - 15:19

LatAm in Focus: Getting Ready for the Next Big Earthquake in Mexico City

PodcastsCarin ZissisWednesday, October 18, 2017

The September 19 quake showed strides made since the last big one in 1985. “There is, of course, always room for improvement,” says 100 Resilient Cities’ Eugene Zapata-Garesché.

The September 19 quake showed strides made since the last big one in 1985. “There is, of course, always room for improvement,” says 100 Resilient Cities’ Eugene Zapata-Garesché.

Viewpoint: The Risks of Ending NAFTA

Mon, 10/16/2017 - 16:07

Viewpoint: The Risks of Ending NAFTA

Viewpoints AmericasMonday, October 16, 2017

Lea una traducción en español de este artículo.

NAFTA constitutes an anchor of stability, which is key both for internal confidence and attracting foreign investment, writes COMEXI's Luis Rubio.

Punto de vista: Los riesgos de acabar con el TLCAN

Mon, 10/16/2017 - 15:51

Punto de vista: Los riesgos de acabar con el TLCAN

Viewpoints AmericasMonday, October 16, 2017

Read this article in English.

El TLCAN constituye un ancla de estabilidad que es clave tanto para la confianza interna como para atraer la inversión del exterior, escribe Luis Rubio de COMEXI.

Update: 3 Ways Venezuela Is Tampering with Sunday's Regional Elections

Fri, 10/13/2017 - 10:25

Update: 3 Ways Venezuela Is Tampering with Sunday's Regional Elections

Hemispheric UpdatesHolly K. SonnelandFriday, October 13, 2017

Venezuela is holding long-delayed gubernatorial elections at last on October 15, albeit warily. Projections show that the opposition is poised to win a landslide of the governorships, but the playing field has been considerably—and deliberately—distorted and few trust the government to handle the vote honestly, especially after its last vote in July was widely labeled fraudulent.

The Maduro administration is working hard to suppress opposition turnout in gubernatorial races on October 15.

LatAm in Focus: Mexico's Big Year Ahead

Thu, 10/12/2017 - 10:47

LatAm in Focus: Mexico's Big Year Ahead

PodcastsCarin ZissisThursday, October 12, 2017

Victor Herrara, former Mexico City office head for S&P’s Global Ratings, spells out what’s in store for Mexico—from elections to NAFTA talks.

Weekly Chart: How Latin Americans Perceive Corruption

Wed, 10/11/2017 - 17:55

Weekly Chart: How Latin Americans Perceive Corruption

InfographicsElizabeth GonzalezWednesday, October 11, 2017

Despite some public efforts to root out corruption in several countries, most Latin Americans feel corruption is in fact getting worse. Guatemalans impeached their president in 2015 for being involved in a bribery scheme just to find themselves with their current president, Jimmy Morales, mired in corruption scandals, too.

Two-thirds of Latin Americans think corruption is up, and a third pay bribes themselves.

Explainer: Brazil's Political Parties to Watch in 2018

Fri, 10/06/2017 - 10:39

Explainer: Brazil's Political Parties to Watch in 2018

ExplainersLuisa LemeMeg HealyFriday, October 6, 2017

As Brazil hits the one-year mark before the 2018 general elections, the country’s political parties face a task that could prove more difficult than winning votes: persuading Brazilians to trust the system. An Ipsos study from July showed that only 6 percent of Brazilian voters feel represented by their elected officials.

Given voter disillusionment with traditional politics, the country’s parties are rebranding to rebuild their influence. A year before general elections, we profile the parties. 

Explainer: Colombia's Peace Process with the ELN

Thu, 10/05/2017 - 12:05

Explainer: Colombia's Peace Process with the ELN

ExplainersHolly K. SonnelandThursday, October 5, 2017

With one peace agreement being hesitantly implemented, President Juan Manuel Santos is working to get a second one under his belt before his term ends in mid-2018.

The October 1 bilateral ceasefire with the National Liberation Army, now the country’s largest guerrilla group, is a milestone.

Weekly Chart: Cuba's Tourism Breaks Records

Tue, 10/03/2017 - 16:58

Weekly Chart: Cuba's Tourism Breaks Records

InfographicsElizabeth GonzalezWednesday, October 4, 2017

Hurricane Irma might have inundated Havana, but Cuba has already beat several records in 2017 when it comes to tourism. For one, the 286,000 U.S. visitors the island received in the first five months of 2017 is already more than the total (282,000) for all of 2016. But both U.S.

Despite Hurricane Irma and renewed U.S. tensions, Cuba’s tourism sector is still on track to receive 4.7 million visitors in 2017.

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