The TLA Times

October 27, 2016
 
Snap shot

Real GDP pct. Growth in Guayana

  
  Exchange rate
Currency
Per US Dollar
Argentine Peso
15.20
Belizean Dollar
2.01
Brazilian Real
3.14
Bolivian Boliviano
6.93
Costa Rican Colon
552.18
Chilean Peso
654.19
Colombian Peso
2,921.87
Cuban Peso
26.50
Dominican Peso
46.23
Guatemalan Quetzal
7.52
Haitian Gourde
63.45
Honduran Lempira
23.09
Mexican Peso
18.77
Nicaraguan Cordoba
29.07
Panamanian Balboa
1.00
Paraguayan Guarani
5,692.49
Peruvian Sol
3.37
Uruguayan Peso
28.06
Venezuelan Bolivar
9.95


Figures from October 26, 2016 
Source  www.xe.com


 
FUN IN THE SUN
 
Panama's Paradise Fishing Lodge
Located on a hilltop overlooking the Gulf of Chiriqui off the Pacific coast of Panama, this lodge boasts spectacular views and guided access to great sport fishing year around. If you prefer catching tuna, rather than getting it out the can, this is the place.  Details
  
  

 
 
   


 

  
  
  
  
THE REGION
                                                                                         
CBRE taps Dallas executive
to head Latin American operations
Michael Caffey, who runs CBRE's Texas-Oklahoma division, will now be in charge of the firm's 13 offices in Latin America, Commercial Property Executive reports. Caffey has 21 years in the commercial real estate industry and extensive experience with transactions in Latin America. He was been in charge on the Texas-Oklahoma division since 2011. Details
  
Dubai trade with Latin America growing impressively, figures show
Arabian Business reports that Dubai's non-oil trade with Latin America grew 26 percent between 2010 and 2015, reaching $4.63 billion, according to the Dubai Chamber of Commerce and Industry. About two thirds of Dubai's trade with the region involves Brazil. Dubai imports cane sugar and gold from Brazil. Mexico is the second largest partner, exporting mobile electronics and gold to the Middle Eastern country. Details
  
  
  
COLOMBIA AND PERU
 
 
Prosperity, stability lure former migrants back to home countries
Scores migrated from Peru and Colombia over the past 40 years to escape the countries' poverty, violence and instability. But many who fled the Andean nations - or the children of those who left - are returning, Bloomberg reports. The countries have become more prosperous and less dangerous and now are attractive to young entrepreneurs.
  

  
MEXICO
 
Deutsche Bank makes deal to sell off banking operations in Mexico
German-based Deutsche Bank announced it is selling off its operations in Mexico ahead of its earnings call, Bloomberg reports. Mexico's InvestaBank is the buyer, and the deal is expected to be finished by early 2017. Deutsche Bank is a relatively small player in Mexico with fewer the 200 employees in the country, Bloomberg reports. Details
  
  
Uber hopes to increase ridership by issuing its own debit card
Business Insider reports the ride-sharing giant is hoping more Mexicans will use its service because of the new Uber debit card. The UberCard is a MasterCard issued through Bankaool, which in 2014 became the first Mexican bank to offer completely online accounts. The card will work anywhere that accepts MasterCard, but Uber hopes to link the card and its service in consumers' minds. Details
  
  

  
  
  
  








  

 
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