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South America’s Great Economic Divide Getting Deeper ?

South America’s Great Economic Divide Getting Deeper ? There’s a rift in Latin America that is neatly defined by two oceans. According to the International Monetary Fund’s latest economic forecasts, the Atlantic-facing countries of Venezuela, Brazil, and Argentina, the largest members of the Mercosur customs union, will grow at an average…

San Rafael – Argentina: “The Other Mendoza”

When we speak of wine locally we are almost always speaking of Mendoza. But which Mendoza? Anybody who has made any sort of study or survey of Mendoza wines will realise that the province is pock-marked with pockets of wine producing valleys areas and regions that confer upon their wines a certain character different from others. Lujan de Cuyo, Tupungato, San Carlos and many more can be mentioned as examples of prime wine making areas. All are situated relatively closely towards the north of the province and…

Carnaval in Buenos Aires!

This year there are 112 street bands participating in 37 parades in various neighborhoods of Buenos Aires.  Corsicians in lavish costumes dance through the streets to the rhythms of contagious drumbeats.  The street musicians typically try to tell a story through humor and irony to make social commentaries about the country or its politicians. The parades…

Latin America’s billionaires beat all world records

Here it  is, in cold numbers. The 87-page report, titled “Wealth-X and UBS Billionaire Census 2014,” says the billionaire population in Latin America and the Caribbean grew by a whopping 38 percent this year, compared with only 18 percent in Asia, 10 percent in the United States and 1 percent in Europe. The report says there are currently 153 billionaires in Latin America and the Caribbean, up from 111 last year. Interestingly, economically bankrupt Venezuela was the country with the biggest billionaire…

Should Latin America set aside outdated ideological prejudices, and insert itself in the global knowledge economy ?

Economists have been predicting for several months that Latin America will have a so-so year in 2015, but new projections from the World Bank and the International Monetary Fund suggest that it may be worse than originally expected. That’s bad news, because economic forecasts from…

Argentina’s Once Vibrant Wine Industry Is On The Verge Of Collapse

Argentina’s Once Vibrant Wine Industry Is On The Verge Of Collapse In the city of Mendoza, the continent’s wine capital, a group consisting of over 5,000 growers, winemakers, and vineyard employees packed the city streets with tractors, poured wine on the steps of city hall, and chanted and waved signs with the aim of stopping…