Costa Rica Long-Term Ratings Lowered To 'BB-'Friday, February 26, 2016 Noting the political system's inability to agree on fiscal issues, Standard & Poor's has downgraded, from BB to BB-, the rating for the country's long-term debt, giving it a negative outlook. Costa Rica Long-Term Ratings Lowered To 'BB-' On Continued Fiscal Deterioration; Outlook Is Negative S & P Downgrades El Salvador's DebtFriday, October 14, 2016 The ratings agency has reduced the rating for long-term sovereign debt from B + to B, arguing that political capacity to resolve the fiscal problem is shrinking. From a press release by Standard & Poor´s: Another 50 million Consumers in Latin AmericaTuesday, November 13, 2012 In just six years the number of people in Latin America with middle class purchasing power increased from 103 to 152 million. Beyond showing the extraordinary achievement that it means to have taken 50 million out of poverty, the report "Economic Mobility and the Rise of the Latin American Middle Class'', by the World Bank, points clearly to one of the fundamental reasons for global investor interest in the countries of the region: it has 50 million more consumers. Panama to Host the 2014 World Economic ForumMonday, September 26, 2011 Ricardo Martinelli and the president of the World Economic Forum have agreed that Panama will be the site of the annual event in Latin America, when more than 1000 businesses from around the world will gather together. A statement by the Presidency of Panama reads: World Economic Forum’s new Global Risks 2009Tuesday, January 13, 2009 New report identifies hard landing for China, collapse in asset prices, gaps in global governance and climate change as key risks ahead Sheana Tambourgi, Director and Head of the Global Risk Network at the World Economic Forum, said: “Global Risks 2009 builds on the work of previous years and highlights the need for concerted action to mitigate risks that now more than ever are global in their nature and in their impact, as illustrated by the financial crisis. But the same is true for other risk areas; global risks require a multistakeholder response and cannot be appropriately tackled in isolation.” Financial centers: Panama leads in Latin AmericaThursday, October 8, 2009 In the World Economic Forum ranking, the Canal country is the only Central American included. The Financial Development Report ranks 55 of the world’s leading financial systems and capital markets. It analyses the drivers of financial system development and economic growth in developed and developing countries to serve as a tool for countries to benchmark themselves and establish priorities for reform. Global Competitiveness Report 2009-2010Tuesday, September 8, 2009 Central America: Costa Rica first (55 in the world), followed by Panamá (59), El Salvador (77), Guatemala (80), Honduras (89), Nicaragua (115). • Switzerland leads the rankings of the World Economic Forum’s Global Competitiveness Report 2009-2010 Guatemala: State Money Capture Will Increase RatesThursday, December 5, 2013 Warnings are being issued of a possible rise in the cost of credit if the government finances its spending with bonds issued in the local market. Elperiodico.com.gt reports: "If Congress authorizes for the next fiscal period the issuance of $1.282 billion in bonds to finance public spending, as the executive branch plans, credit to the private sector could be affected ... ". Forum in Guatemala on the financial crisisMonday, November 10, 2008 The Central American Master's Program in Social Sciences presents the forum on the "Global Financial Crisis and its consequences to Central America." Paulo de Leon, CABI; Carlos Martinez, UNDP consultant; Carlos Gonzalez, ASIES and Ricardo Barrientos, Finance Minister will be the speakers at the meeting to be held on Thursday, November 13 at the FLACSO campus in Guatemala at 6 pm. Guatemala: Economic Bulletin March 2012Tuesday, March 20, 2012 Fundesa has released its monthly report of the main indicators of the national economy: inflation, oil, IMAE, external sector, exports, foreign exchange, and tax revenue. Inflation Panama Confirmed to Host 2014 World Economic ForumThursday, January 24, 2013 Panama City will receive more than 600 presidents and business leaders at the Annual Meeting of the World Economic Forum on Latin America in April 2014. A press release from the Presidency of Panama reads: Economic Forum in PanamaThursday, March 22, 2012 The Chamber of Commerce, Industries and Agriculture of Panama, held this morning an Economic Forum entitled "Panama: Challenges and Opportunities in the search for a common agenda for development." The Chamber of Commerce, Industries and Agriculture of Panama (CCIAP),held this morning an Economic Forum entitled "Panama: Challenges and Opportunities in the search for a common agenda for development", an event for representatives of government and private institutions, international organizations, students and the media. Nicaragua As Seen From the USThursday, July 23, 2015 No changes in the economic or political direction are foreseen in a country where President Ortega maintains high public approval rates in a context of economic growth, although there is erosion of democratic institutions. On Tuesday June 9 a panel discussion was held in the premises of the Inter American Dialogue in Washington DC, whose main topic was the analysis of the economic and political situation in Nicaragua. Global Competitiveness Index 2011-2012Thursday, September 8, 2011 Panama leads in Central America (49th in the global list), followed by Costa Rica (61), Guatemala (84), Honduras (86), El Salvador (91), and Nicaragua (115). Chile (position 31), Puerto Rico (position 35), Barbados (position 42) and Panama (position 49) are the only four economies in Latin America and the Caribbean ranked among the top 50 in the World Economic Forum’s Global Competitiveness Report 2010 - 2011 WEF Global Competitiveness Index 2010-2011Thursday, September 9, 2010 The World Economic Forum rankings for Central America are: Panama 53, followed by Costa Rica 56, Guatemala 78, El Salvador 82, Honduras 91 and Nicaragua 112. Chile (30), Puerto Rico (41) and Barbados (43) are the only three economies from Latin American and the Caribbean with rankings in the top 50. The region's next most competitive economies according to the Global Competitiveness Report 2010-2011 released by the World Economic Forum (WEF) are Panama (53), Costa Rica (56) and Brazil (58). |
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