The TLA Times

August 8, 2016

Snap shot

 Real GDP pct. Growth in El Salvador



  Exchange rate
Per US Dollar
Argentine Peso
Belizean Dollar
Brazilian Real
Bolivian Boliviano
Costa Rican Colon
Chilean Peso
Colombian Peso
Cuban Peso
Dominican Peso
Guatemalan Quetzal
Haitian Gourde
Honduran Lempira
Mexican Peso
Nicaraguan Cordoba
Panamanian Balboa
Paraguayan Guarani
Peruvian Sol
Uruguayan Peso
Venezuelan Bolivar

Figures from August 7, 2016  Source:


Portillo Ski Resort: Great slopes in the Andes.
Usually we focus more on the beach than the mountains in this space. But the Andes Mountains offer great skiing, too. And it's winter time in the Southern hemisphere. Portillo in Chile has 14 lifts, is less than a three-hour drive from Santiago and has been used by the U.S., Canadian, Norwegian and Austrian national ski teams for training. The resort offers heli-skiing and wine tasting, though we would recommend against combining the two. Details


With Olympic sponsorship, Nissan rolls dice on economic recovery. Led by CEO Carl Ghosn, a native of Brazil, Nissan has made a bold gamble on Brazil's economy, Bloomberg Markets reports. Nissan has paid an estimated $250 million to sponsor the Olympics in Rio de Janeiro and it is launching a crossover utility vehicle, the Kicks, in Brazil as Ghosn tries to put Nissan and Renault in line to grow their market shares in the country by 50 percent. All this is predicated on Brazil's economy turning around quickly. Details
Argentine billionaire making Garzon region into wine destination. The rolling hills and rich soil of Uruguay's Garzon region reminded Argentine billionaire Alejandro P. Bulgheroni of the Tuscany region of Italy. Bulgheroni has set about creating a luxury vineyard and transforming the area into a destination for wine-loving tourists, the San Diego Union Tribune report. Details 
Idaho school seeks partnership with potato center in Peru . The Capital Press reports that the University of Idaho is in talks with the International Potato Center in Lima to give the school more access to the center's genetic data, which includes information on more than 4,000 varieties of potatoes grown over thousands of years. "If you're looking for new sources of genes to solve potato problems - like late blight, or potato cyst nematode, you name it - that is the most likely place you're going to find those resources," Idaho professor Mike Thornton tells the Capital Pres. Details
Consumer prices rose faster than economists expected in early July.
Gas and transportation prices were the culprits for a rise in consumer prices in Mexico that caught analysts by surprise, Bloomberg reports. Prices were up 0.28 percent in the first two weeks of the month, the highest since February, national statistics showed. Analysts in a Bloomberg survey expected a rise of 0.24 percent. Inflation is still below the central bank's target of 3 percent annually. Details
Raiders-Texans game in Mexico City sells out within 30 minutes. The NFL will play a regular season game in Mexico City for the first time since 2005 when the Oakland Raiders and Houston Texans meet at Aztec Stadium for a Monday night contest in November. Apparently American pro football was missed. Within 30 minutes of tickets going on sale, they were sold out, The Associated Press reports. The news service did not say how many were up for sale. The last game, between the San Francisco 49ers and Arizona Cardinals, drew more than 100,000 fans. Details


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