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TLA Times | July 27, 2020

  PERU  

Peru gives OK for CBD medicines, opening way for commercialization

Peru has paved the way for commercialization for CBD medicines, Hemp Industry Daily reports. The Peruvian Ministry of Health approved a Canadian company’s 5% cannabis derived product for a sales in pharmacies. Six companies are seeking approval from Peru for CBD products. Details


  BELIZE  

Belize plans to reopen airport for tourists Aug. 15

Belize is reopening to tourists from around the world as  Philip Goldson International Airport resumes full service Aug. 15, the Points Guy blog reports. “We decided that any further delay would likely gain us nothing from a safety standpoint,’’ Prime Minister Dean Barrow says. Visitors will be required to submit a negative COVID-19 test before boarding and will be retested upon arrival. Foreign travelers will be required to stay at hotels and resorts that are certified. Details


  BRAZIL  

Energy trading firm hires banks to handle IPO

Reuters reports that 2W Energia, a Brazilian energy trading company, has hired Banco BTG Pactual SA, XP Inc, Bank of America and Credit Suisse to manage its initial public offering that may be worth as much as $281 million. This will be the first IPO on the Brazilian stock exchange by an energy trader. 2W Energia says it plans to use the money from the IPO to expand beyond trading and get into energy generation. The company is building a wind farm. Details


  MEXICO  

Struggling Interjet secures $150 million in funding

Struggling Mexican carrier Interjet says it has received a $150 million infusion to help with restructuring, Reuters reports via WKZO. A group of investors, led by businessmen Carlos Cabal and Alejandro del Valle, provided capital for the carrier, which has been hit by the COVID-19 pandemic. “The new operations plan considers the return, in the coming days, of more Airbus 320 and 321 aircraft,” the company said in a statement. Interjet flies more than 50 routes and is one of the three largest carriers in Mexico.  Rival Aeromexico has filed for Chapter 11 bankruptcy protection, the wire service reports. Details

 

In an effort to combat corruption, military put in charge of ports

President Andrés Manuel López Obrador has put the military in charge of ports of entry and customs offices, Mexico New Daily reports. The president says he made the move to stop corruption. “Land and maritime customs (offices) are going to be in the charge of the army and the navy to ensure safety and avoid the introduction of drugs,” he said at a press conference. Besides drugs, the military will attempt to prevent cash and guns from illegally entering the country. Details


 

  FUN IN THE SUN  

Enjoy hiking in world’s only jaguar preserve

The 128,000-acre Cockscomb Basin Wildlife Sanctuary in Belize is the world’s only jaguar preserve. The preserve is filled with hiking trails and offers great opportunities to see exotic species, such as howler monkeys, agouyi brocket deer and peccary. Then float down a river on an    inner tube to cool off. Details

 

  SNAPSHOT  
GDP pct. growth in Bolivia








 

 

Source: data.worldbank.org

  EXCHANGE RATE  
Currency | Per US Dollar

 

 

 

 

 

 

 

 

Figures from July 27, Source: www.xe.com

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