South America: Canada’s forgotten continent

For years, merchants in Nova Scotia traded salt fish, lumber and potatoes for Jamaican rum and molasses. But they needed a place to barter their goods, so in 1889, the Bank of Nova Scotia opened an agency in Kingston. It was the first foray for a Canadian bank beyond Canada, the U.S., and the U.K. Next, a branch in Cuba in 1906, Puerto Rico in 1910, the Dominican Republic in 1920 and, to serve the livestock and agricultural industries, a presence in Chihuahua, Mexico, in 1934. More recently, Canada’s third-largest…

Paraguay’s soy boom: a blessing or a curse?

Paraguay’s is not often highlighted for its economic achievements. Yet after 20 years of stagnation at the end of the 20th century, the landlocked country has enjoyed almost a decade of economic growth, still one of  the fastest in Latin America. Driving this impressive expansion is a thriving agricultural sector, and its principal product: soybean. Taking advantage of recent rises international prices, spurred by demand from China and the purchase from EU countries to produce biodiesel, Paraguay is now…

Doing Business in Latin America: Common Cultural Stumbling Blocks

Latin America expert Marcelo Baudino outlines the four most common cultural stumbling blocks doing business in LatAm. TCO International Director David Trickey sat down with Latin America expert Marcelo Baudino (Director of Iceberg Cultural Intelligence) to talk about Latin America: it’s scope, it’s surprising diversity, and what it takes to be successful working in the region. Iceberg is the leading Latin American consulting firm in the development of cross-cultural competencies and in the strategic…
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