The TLA Times

August 8, 2016
  

 
Snap shot

 Real GDP pct. Growth in El Salvador

 

Source: data.worldbank.org


  
  Exchange rate
Currency
Per US Dollar
Argentine Peso
14.84
Belizean Dollar
1.99
Brazilian Real
3.17
Bolivian Boliviano
6.94
Costa Rican Colon
548.21
Chilean Peso
656.73
Colombian Peso
3,039.30
Cuban Peso
26.50
Dominican Peso
45.94
Guatemalan Quetzal
7.54
Haitian Gourde
63.99
Honduran Lempira
22.88
Mexican Peso
18.13
Nicaraguan Cordoba
28.73
Panamanian Balboa
1.00
Paraguayan Guarani
5,555.53
Peruvian Sol
3.33
Uruguayan Peso
29.48
Venezuelan Bolivar
9.95


Figures from August 7, 2016  Source:  www.xe.com

FUN IN THE SUN

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
 
  
 
   


 



 
BRAZIL
                                                                                        
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
  
  
URUGUAY
  
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 
  
PERU
  
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
  
MEXICO
  
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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