The TLA Times

August 24, 2016
 
 
Snap shot

Real GDP pct. Growth in Guatemala



  
  Exchange rate
Currency
Per US Dollar
Argentine Peso
14.83
Belizean Dollar
2.01
Brazilian Real
3.20
Bolivian Boliviano
6.93
Costa Rican Colon
550.20
Chilean Peso
668.70
Colombian Peso
2,890.42
Cuban Peso
26.50
Dominican Peso
46.17
Guatemalan Quetzal
7.59
Haitian Gourde
64.54
Honduran Lempira
22.89
Mexican Peso
18.26
Nicaraguan Cordoba
28.82
Panamanian Balboa
1.00
Paraguayan Guarani
5,550.01
Peruvian Sol
3.35
Uruguayan Peso
28.53
Venezuelan Bolivar
9.95


Figures from August 22, 2016 
Source  www.xe.com


 
FUN IN THE SUN
 
Iguazu Falls: Three borders, 275 waterfalls
Iguazu Falls is twice as wide as Niagara Falls, and many would argue more stunning. Supposedly, when Eleanor Roosevelt saw Iguazu she said, "Poor Niagara." Iguazu spans the border of three countries, Brazil, Argentina and Paraguay. The signature of Iguazu is the fall they call the Devil's Throat, which is more than 200 feet high. Details
  
  

 
 
   


 

  
  
  
THE REGION
                                                                                         
Brits want Latin America to know the U.K. is 'open for business'
Right before the Brexit vote, U.K. trade minister Lord Price headed the first trade delegation to Latin America. Price is now trying to send notice to the region that British are interested in strengthening trading ties despite the referendum to leave the European Union, the Telegraph reports. That may prove difficult. "We're terribly far behind our European, Chinese and American competitors. We're punching well below our weight." Robert Capurro, who leads a group promoting UK-Latin American relations, tells the newspaper. Details
  
 
ECUADOR
 
Ecuador opens fiber-optic plant built with assistance from China
Ecuador has opened a plant in Quito that will be able to produce 1 million kilometers of fiber-optic cable when it is fully up and running in 2019, Xinhua, the Chinese news agency, reports via the China Daily. Ecuador's Holding Telconet and China's Fiberhome Technologies partnered to build the factory. The plant will allow Ecuador to go from a fiber-optic cable importer to an exporter, the news agency reports. Details
  
  
BOLIVIA
 
Russia, Bolivia sign deal to build nuclear research facility in El Alto TASS, the Russian news agency, reports that the nuclear power corporation Rosatom has completed a deal to build a nuclear research center in Bolivia. The money involved was not made public. Plans include a 200 kilowatt nuclear reactor. Details
  
 
MEXICO
 
 
Fare prices expected to fall with end of restrictions on U.S.-Mexico flights
The United States and Mexico lifted rules that limited each country's airlines to fly to the other nation. On Aug. 20, the regulations expired that limited routes to two or three of the other country's carriers. The Associated Press reports via NBCnews.com that prices for flyers are expected to drop with more flights added. "We think it will help drive economic growth in sectors well beyond aviation, including tourism and manufacturing," said Thomas Engle, the State Department's deputy assistant secretary for transportation. Details
 
The Associated Press reports via Fox News Latino that sales are brisk at the only gun shop in Mexico. The store is the only place in the country where a citizen can legally buy arms. The Mexican constitution allows citizens the right to own guns and hunting rifles. But there's a ton of paperwork to clear before being allowed to buy one. Details
  

   

 







  

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