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May 6, 2012

LATIN AMERICA News, May 06, 2012


At giant Tech Data Corp., talk turns to last untouched megamarket: Asia
Tampabay.com
Annual revenues hover near $26 billion as the 8500-employee company successfully competes in three key markets: Europe, North America and Latin America. If the sum of $26 billion does not resonate, consider this. To generate that kind of revenue, ...
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Tampabay.com
Big boost for Blacks in Brazil
Malaysia Star
A recent court ruling to reserve admissions for people of African descent in varsities is seen as an important victory in this South American nation. BRAZIL's black majority hailed a recent landmark ruling by the country's Supreme Court that declared ...
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Growth-happy plans eye emerging-markets PE
InvestmentNews
Actis, an emerging-markets private-equity firm focusing largely on Africa, Asia and Latin America, has about $5 billion in assets under management, more than half of which was raised in its latest fund, launched in 2008.
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Iran emerges as major oil meal export destination for India
Business Standard (blog)
Latin America, which was a major supplier of oil meals to Iran, is faced with drought. So, now Iran has to depend largely on Indian imports of animal feed," said Biren Vakil, an industry expert in Ahmedabad. Looking at the data for one year period, ...
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ADB tasked with reducing income gaps while retaining growth: president
Mainichi Daily News
ADB President Haruhiko Kuroda also pledged the bank will accelerate efforts to promote cooperation between developing economies in Asia and those in other regions including Latin America, at a press conference at the end of its two-day annual meeting ...
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All-inclusive resorts have come of age
Boston Globe
In addition to a 15000-square-foot spa, the property boasts a museum-quality art collection of more than 400 pieces, with monumental bronze sculptures by leading Latin American artists in public spaces and original oil paintings in every guest room.
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Boston Globe
Gold Premium Over Platinum Increases
Forex Pros
In recent weeks the platinum price has been clearly underperforming in relation to gold, with gold now more than $100 more expensive than platinum. According to the latest report from the German precious metals trading group Heraeus, in recent weeks ...
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How Low Can Arcos Dorados Go?
DailyFinance
Arcos Dorados, which is the largest McDonald's (NYS: MCD) franchisee inLatin America, reported a 17.7% increase in sales based on constant currency for fiscal 2011, with an even more impressive 13.7% boost in comparable-store sales.
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Airline Passenger Traffic Continues To Be Affected By High Oil Prices
AvStop Aviation News
Latin American carriers experienced the second-slowest demand growth among the regions, but traffic still rose 7.7% year-over-year on a 6.7% rise in capacity. Passenger load factor was 77.9%. It is among the regions least impacted by the distortions in ...
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AvStop Aviation News
Debate over IMF finance flows guidance
Financial Times
“There seems to be an issue of even-handedness here,” said Paulo Nogueira Batista, IMF executive director for Brazil and eight other Latin American and Caribbean countries, who told the Financial Times he was speaking in his personal capacity.
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Financial Times
Latin star Rubio marks Cinco de Mayo at Jazz Fest
Yahoo! Philippines News
"There are a lot of Latin American singers, but not many of this caliber are from Mexico," said Nancy Alonzo, a Mexican-born fan who moved to New Orleans five years ago. "It means a lot to us that she's here." The massive crowd erupted as Rubio hit the ...
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'Avengers' smashes record: $200.3 million debut
KFVS
The New Orleans Jazz and Heritage Festival served up margaritas and otherLatin fare Saturday as it recognized Cinco de Mayo with a lineup peppered with acts such as Mexican singer Paulina Rubio. As fans chanted her name Saturday in anticipation of her ...
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Economic soft patch hurting commodities, gold continues to frustrate bulls
Business Intelligence Middle East (press release)
Drought in South America has continued to reduce production estimates from the region which in turn has increased demand for US exports and prices have risen as a consequence. Very mild late winter and early spring weather in the US has also meant that...
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Business Intelligence Middle East (press release)
DA embarking upon an unwinnable class struggle - Irvin Jim
Politicsweb
In Asia, Latin America, Africa, and Europe - everywhere - we read and watch on television mass demonstration for a better life by the world's peoples. Here in South Africa, the mass poverty, impossible levels of unemployed and Olympic levels of ...
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A history of the world, BRIC by BRIC
Aljazeera.com
It's already trading in yuan with Russia and Australia, not to mention across Latin America and in the Middle East. Increasingly, the BRICS are betting on the yuan as their monetary alternative to a devalued US dollar. Japan is using both the yen and ...
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Aljazeera.com
Why Prince still matters - Todays News
San Francisco Luxury News
The latest, released in 2010, was given away with copies of a London newspaper. But he plays more gigs than Madonna and Springsteen put together, including a multiple-night run at New York's Madison Square Garden last year and 21 nights at London's O2 ...
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MUSIC - Yerba Buena Gardens fest hosts weeks of great music
San Francisco Chronicle
Quinn DeVeaux June 7, 12:30 pm The Oakland singer-songwriter is a fixture on the local club scene thanks to his mesmerizing meld of vintage Americanmusic styles such as country, blues, gospel, swing and soul. Marcus Shelby Hot 7 June 21, 12:30 pm Long ...
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