The TLA Times

November 10, 2016


 
Snap shot

Real GDP pct. growth in Nicaragua




 
  Exchange rate
Currency
Per US Dollar
Argentine Peso
14.94
Belizean Dollar
2.01
Brazilian Real
3.24
Bolivian Boliviano
6.93
Costa Rican Colon
552.46
Chilean Peso
649.29
Colombian Peso
2,999.85
Cuban Peso
26.50
Dominican Peso
46.28
Guatemalan Quetzal
7.50
Haitian Gourde
62.88
Honduran Lempira
23.13
Mexican Peso
19.90
Nicaraguan Cordoba
29.13
Panamanian Balboa
1.00
Paraguayan Guarani
5,739.87
Peruvian Sol
3.38
Uruguayan Peso
28.16
Venezuelan Bolivar
9.95


Figures from November 10, 2016  Source:  www.xe.com

FUN IN THE SUN

Infinity Bay 
on Honduras' 
Roatán  Island
Th is resort is located on two top-notch beaches on an Island in the Caribbean off the coast of Honduras. There's first-rate snorkeling, diving and fishing. But some prefer bodies of water with ... a more human touch. One of the signature attractions of this resort is a swimming pool with a swim up bar. Details

 
   


 



THE REGION                                                                                         
Canadian prime minister heads
to Cuba, Argentina and Peru 
Reuters reports that Prime Minister Justin Trudeau will visit Cuba and Argentina, before going to Peru for the Asia Pacific Economic Cooperation meeting. Trudeau's father Pierre Trudeau traveled to Cuba in 1976 when he was prime minister. The visit came at the height of the Cold War. Cuba and Canada do $1 billion worth of trade annually, the news service reports.  Details.

ARGENTINA

MercadoLibre reports strong revenue growth in third quarter
MercadoLibre, based in Argentina and Latin America's top e-commerce company, reported a 37 percent year-over-year increase in third quarter revenue, according to Investor's Business Daily. The increase to $230.8 million was above the consensus estimates. Earning were 88 cents per share, down 14 percent.   Details


BRAZIL 

Professor to probe claims that VW allowed arrest, torture of workers    
From1964 to 1985 Volkswagen operated plants in Brazil, which was under military rule. A group of former workers filed suit against VW alleging the company cooperated with the government in the arrest and torture of workers, the BBC reports. VW hired Professor Christopher Kopper of Bielefeld University to investigate. Details


MEXICO

Trump's victory in presidential election compared to war of 1846
The Mexican Peso plummeted in value the day after Donald Trump won the presidential election, at one time falling to 20 per U.S. dollar, Bloomberg reports. Much of Trump's campaign rhetoric centered on tougher controls of the border with Mexico. "This is the most important event in the U.S. for Mexico since the war of 1846,'' Jose Antonio Crespo, a political analyst at the Center for Economic Research and Teaching in Mexico City, told the news service. ''If Trump is attacking us, and the economy is being affected, the people are involved. We became part of the election." Details

With ties to U.S. trade under threat, Mexico looks to Asia, Latin America
Mexico, which has been in trade talks with South Korea, Brazil and Argentina, might speed up the process with the surprise election of Donald Trump, Reuters reports. Trump has said he wants to either update or scrap the North American Free Trade Agreement, which since 1994 made the United States, Canada and Mexico one trade zone. "Our exports need to be diversified," Cesar Castro, a logistics executive in Mexico, told Reuters. "We should have done it a while ago." Details
 

 

 




 

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