Latin American Investment

World Bank advises targeted steps for food prices

WASHINGTON (Reuters) - Latin America, a net exporter of food commodities, will benefit overall from soaring crop prices, but governments must tread carefully as they seek to blunt the impact of high food prices on the region's poorest, a senior World Bank official said on Friday.

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U.S. wants bold Cuban reforms before engagement

WASHINGTON (Reuters) - Cuba must make bolder reforms, free political prisoners and improve human rights before Washington can engage President Raul Castro and end a half-century of isolation, a U.S. official said on Friday. | Video

U.S. sees risk if Colombia deal fails

WASHINGTON (Reuters) - A failure to approve a free trade deal with Colombia, one of the Bush administration's most urgent trade priorities, would be among the biggest U.S. blunders in the Americas in decades, a top official said.

Mexico's Homex aims to make a splash at the beach

MEXICO CITY (Reuters) - Mexico's leading homebuilder, Homex, is constructing beachfront villas and condos in hot spots like Puerto Vallarta in a bid to sell homes to American retirees and vacationers.

U.S. sees a plus for Doha in weaker world economy

WASHINGTON (Reuters) - The deepening gloom over the global economy may augur well for trade talks, a top U.S. official said, as negotiators suggested the Doha round is on the cusp of a breakthrough after years of acrimony and delay.

Peru's Garcia: markets trump the left

LIMA (Reuters) - An ideological battle has split Latin America between open democracies embracing free markets and leftist regimes opposing them, Peru President Alan Garcia said on Friday.

Peru miner Volcan sees 2008 output up

LIMA (Reuters) - Volcan , Peru's chief zinc, lead and silver producer, said on Friday its output of silver and zinc will increase in 2008 from a year ago, but that profits will likely grow less than last year.

Mexico's Homex optimistic about growth

MEXICO CITY (Reuters) - Homex, Mexico's top homebuilder, sees a massive housing shortage fueling several years of solid growth, as it also looks at eventual expansion into Brazil, India and China, a senior executive said.

Colombia sees record FDI, exports this year

BOGOTA (Reuters) - Colombia's booming economy will post record foreign direct investment (FDI) and exports this year, Trade Minister Luis Guillermo Plata said on Friday.

Chile Cencosud has strong start to '08

SANTIAGO (Reuters) - Giant Chilean retailer Cencosud had a strong start to 2008, exceeding its own expectations in the first quarter amid expansion in South America, Chief Executive Laurence Golborne said on Friday.

Fitch: Argentine government unshaken by farm strike

BUENOS AIRES (Reuters) - Argentina's government has not been significantly weakened by a 21-day farm strike that ended this week, but food shortages linked to the protest may push up inflation in the longer term, an official at Fitch Argentina said on Thursday.

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