The TLA Times

September 8, 2016

 
Snap shot

Real GDP pct growth in Peru

 

  
  Exchange rate
Currency
Per US Dollar
Argentine Peso
15.00
Belizean Dollar
2.01
Brazilian Real
3.26
Bolivian Boliviano
6.93
Costa Rican Colon
550.20
Chilean Peso
672.50
Colombian Peso
2,940.06
Cuban Peso
26.50
Dominican Peso
46.16
Guatemalan Quetzal
7.55
Haitian Gourde
64.76
Honduran Lempira
22.90
Mexican Peso
18.53
Nicaraguan Cordoba
28.87
Panamanian Balboa
1.00
Paraguayan Guarani
5,537.51
Peruvian Sol
3.38
Uruguayan Peso
28.56
Venezuelan Bolivar
9.95


Figures from September 5,  2016  Source:  www.xe.com

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THE REGION                                                                                         
Argentina hopes to boost tourism, eases visa requirements for Chinese
Chinese travelers who already have a visa to enter the United States or the European Union won't need to get an additional visa to visit Argentina, MercoPress reports. Argentine President Mauricio Macri made the announcement at the G20 meetings in China. About 40,000 Chinese visit Argentina each year, but about 100 million travel abroad, MercoPress reports. Details

ECUADOR
  
Leaders from Ecuador, Iran discuss ways to boost oil prices
Top diplomats from Ecuador and Iran met in Quito to talk over ways to stabilize the oil markets, Reuters reports via Business Insider. Iran got back into the international oil game in January after a deal with the Obama administration eased Western sanctions. But Iran would not join a Russian attempt earlier this year to limit oil production. Details

BRAZIL

Dilma Rousseff's impeachment brings optimism to businesses
The BBC reports that business and investors are showing signs of optimism in the wake of President Dilma Rouseff's ouster.
"Up until now, the state was the protagonist of Brazilian growth. Now it is private investors who will lead the change, and the private sector is much quicker in reacting to changes," a leading fashion retailer said. But international investors are taking a cautious view, hoping for budget and pension reforms, the BBC reports. Details
  
    
MEXICO
  
Airline service from Tucson to Mexico restored after 8-year hiatus
Direct flights from Tucson International Airport to Mexico resume Oct. 3, ending an airline service drought that began in 2008, Tucson News Now reports. Aeromar will begin flying to four cities in Mexico, using 46-passenger planes. Tucson Hispanic Chamber CEO Lea Marquez Peterson hopes the service will lead to other business opportunities. Our Tucson Hispanic Chamber hosts regular trade mission trips to head to Sonora and other places in Mexico to learn about making supply chain connections, so this is big news for us," she told Tucson News Now. Details
  

Mexico develops into prime destination for Indian auto exports.
Mexico was the top market for automobiles exported by India from April to July, growing 110 percent from the previous year, The Press Trust of India reports via The Business Trust. The $501 million worth of autos sent to Mexico, accounted for 18 percent of India's car exports. The United States remains the top market for components from India. Details
  
  
  

 
  
  


  

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