South American Real Estate News
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Uruguay looks to build a Powdered Milk Plant to Supply Cuba replacing New Zealand supplier

Uruguay looks to build a Powdered Milk Plant to Supply Cuba replacing New Zealand supplier Uruguayan President Tabare Vazquez and Cuban counterpart Raul Castro agreed to consider the installation in the South American country of a plant to produce powdered milk for export to the Caribbean island, Uruguay’s…

Is it the governments job to grow the economy ?

With Elections due in Argentina, it might be a good time to look at the benefits of Big Government Parties. It may seem counterintuitive, but the researchers don’t actually think it’s the government’s job to grow the economy. Yet when many people think about economic growth, they conjure up an image of economists pulling policy levers to force…

Decanter magazine highlights Chile as a “wine producing paradise”

The U.K.-based Decanter magazine has focused on the growing wine culture in Chile, a country it deemed a “grape growing and wine producing paradise” due its geographical diversity. According to the magazine’s top oenologist, the 15 most prestigious vineyards in Chile include Altair, Errázuriz, Concha y Toro, Cono Sur and San Pedro, as well as lesser-known vineyards like Aristos, Calyptra, Polkura, Falernia and O. Fournier. Concha y Toro, Chile’s leading wine producer, “constantly produces excellent…

FATCA – America’s tax rort is exposed

The FATCA or the Foreign Account Tax Compliance Act. This is one-sided law which forces other countries to enforce US tax laws. If they fail to do so, they’re effectively locked out of US markets and the US dollar – the world’s reserve currency (at least for now). FATCA imposes a 30% withholding tax on interest, dividends, rents, and similar payments leaving…

China is Latin America’s leading banker: 22bn dollars in 2014

China is Latin America’s leading banker: 22bn dollars in 2014 Loans by China’s state-owned banks to Latin American countries rose by 71% to 22bn dollars in 2014, according to estimates published by the China-Latin America Finance Database. The figure is the second largest on record for Chinese lending in Latin America, according…

A country profile of Bolivia

Bolivia is a country of statistical extremes, landlocked Bolivia is the highest and most isolated country in South America. It has the largest proportion of indigenous people, who make up around two-thirds of the population. Though rich in mineral and energy resources, Bolivia is one of South America’s poorest countries. Wealthy urban elites, who are mostly of…