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Banking - Peru - All loan segments increase in October, mortgage lending hits record high

Peru's private sector banks saw an increase in all loan segments in both US dollar and sol-denominated credit in October, as mortgage lending hit historic highs, according to a report from banking ass...
BN Americas Fri, 20 Nov 2009 15:08:17 (GMT -0400)

Electric Power - Ecuador - Termoesmeraldas calls off Shushufindi feasibility tender

Ecuadorian state generator Termoesmeraldas has declared void the bidding process to carry out feasibility studies for the 132MW Shushufindi thermo project. The process was called off after no offer...
BN Americas Fri, 20 Nov 2009 14:55:32 (GMT -0400)

Water & Waste - Uruguay - Authorities drawing up plan to prevent floods, store rainwater

Uruguayan state-owned entities are working together on a plan to prevent floods and store rainwater to combat drought, an official from the country's public works and transport ministry (MTOP) told BN...
BN Americas Fri, 20 Nov 2009 13:39:5 (GMT -0400)

Privatization - Brazil - Cargill-LDC to be awarded Santos terminal by month-end, says Codesp

The Brazilian branch of US agricultural giant Cargill and France's Louis Dreyfus Commodities (LDC) should be awarded the 25-year concession of Santos port bulk cargo terminal by month-end, a spokesper...
BN Americas Fri, 20 Nov 2009 13:49:10 (GMT -0400)

Telecommunications - Regional - Latin America could see 22mn lines ported by 2014 - study

Latin America could see 22mn lines ported by 2014, with Mexico and Brazil as the most dynamic countries in that regard, according to a report by Signals Telecoms Consulting. Since 2008, four market...
BN Americas Fri, 20 Nov 2009 11:08:17 (GMT -0400)

Insurance - Brazil - BB committed to improving IRB, increasing share in PAC programs - VP

Federally controlled Banco do Brasil (BB), Brazil's largest bank, will be committed to improving operations of reinsurer IRB-Brasil Re if it takes a controlling stake in the company, helping to guide ...
BN Americas Fri, 20 Nov 2009 10:24:36 (GMT -0400)

Petrochemicals - Regional - Lanxess expects Brazil sales to grow at least 10% in 2010

German chemical firm Lanxess expects to increase sales in Brazil in 2010 as a result of an improved environment in the country's chemical industry, Lanxess CEO in the South American country, Marcelo L...
BN Americas Thu, 19 Nov 2009 12:14:4 (GMT -0400)

Peru and Brazil: Messing around with dams

First build a road, then flood itJOSE CHAVEZ, a farmer, is one of the few people in the Inambari area who welcomes a plan to build a huge hydroelectric dam where the departments of Madre de Dios, Cusco and Puno meet in Peru’s south-eastern jungle. He...
Economist Thu, 19 Nov 2009 10:39:48 GMT

British Columbia's salmon: Socked

Another inquiry into vanishing stocksA MYSTERIOUS decline in the numbers of spawning salmon has become one of the rites of autumn in British Columbia, bringing worries of financial and job losses, threats of extinction and a perplexing lack of answers. Thi...
Economist Thu, 19 Nov 2009 10:39:48 GMT

Cuba and the United States: Resistant to sticks and carrots

The difficulty of pressing for change in a police stateTHOSE who hoped that the arrival in power of Barack Obama and Raul Castro would bring a thaw in the continuing 50-year cold war between the United States and Cuba so far have little to cheer. The Obama...
Economist Thu, 19 Nov 2009 10:39:48 GMT

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