South American Real Estate News
/ Month / January

Latin America’s rising middle class is exceeding expectations

Latin America’s rising middle class is exceeding expectations The Brazilian newspaper O Estado de São Paulo recently ran an article on the travails faced by Andrea Garoni Sucupira a São Paulo lawyer and mother of two children. She is finding it impossible to hire the live-in maid that traditionally takes care of everything in an…

An economic snapshot of Latin America for 2013

An economic snapshot of Latin America for 2013 LatinFocus Consensus Forecast panelists expect regional GDP to expand 3.7% this year, following an estimated 2.9% increase recorded in 2012. The stable figure reflects rosier prospects for Chile, Paraguay, Peru and Venezuela, which were offset by downward revisions to Brazil, Colombia and Uruguay. Meanwhile,…

For Santander bank, “Brazil is the most important country in the world”

Banco Santander comes to buy. Sometimes we sell off something, but in Brazil we come to buy,” Botin told reporters before being received by President Dilma Rousseff, putting down rumours doing the rounds in the financial market that he might sell part of the Bradesco bank. “Brazil, for Santander, is the most important country…

New Zealand’s pension fund shops for offshore farm investments

New Zealand’s state pension fund is looking at buying overseas farmland amid growing demand for food in emerging markets, and it is also interested in assets offered by struggling European banks as well as catastrophe insurance. Crop, dairy and livestock farming operations in North and South America, Australia and Europe are potentially…

China must invest in Latin America for food security

South China Morning Post China must invest overseas to ensure its food security, said speakers at the recent Asian Financial Forum. “China and India have to open to global markets like Australia, Africa and Latin America, and invest in these countries’ agricultural production for food security,” said Fan Shenggen, the director…

Argentine and Brazilian tourists find travelling to Uruguay challenging due high costs and poor air links.

Argentine and Brazilian tourists find travelling to Uruguay challenging due high costs and poor air links MercoPress Tourists arriving in Uruguay dropped 14% in first weeks compared to 2012 The number of tourists arriving to Uruguay in the first weeks of this summer season has dropped 14% compared…