TLA TIMES | November 09, 2017
A Snapshot of LatinAmerican News
Belizean Dollar | $2.01
Brazilian Real | $3.26
Bolivian Boliviano | $6.91
Costa Rican Colon | $569.65
Chilean Peso | $630.67
Colombian Peso | $3,008.97
Cuban Peso | $26.50
Dominican Peso | $48.02
Guatemalan Quetzal | $7.33
Haitian Gourde | $63.61
Hoduran Lempira | $23.56
Mexican Peso | $19.05
Nicaraguan Cordoba | $30.58
Panamanian Balboa | $1.00
Paraguayan Guarani | $5,653.08
Perubian Sol | $3.24
Uruguayan Peso | $29.23
Venezuelan Bolivar | $9.95
Figures from Nov. 09 Source: www.xe.com
FUN IN THE SUN
Australia’s prime minister announces Peru trade agreement.
The Sydney Morning Herald reports that Prime Minister Malcolm Turnbull announced a trade agreement with Peru at the Asia-Pacific Economic Cooperation meetings in Vietnam. Turnbull said he will urge other nations to expand trade deals. "The region cannot close the door to the flow of goods, services, capital and ideas," he said. Details
Uber forms alliance with rivals to fight regulation in Brazil.
To the naked eye, Uber may look like a taxi company. But to the company’s executives and, more importantly, to the firm’s investors, Uber is a technology company. What taxi cab company can attract billions of dollars is startup money? However, the Brazilian government wants to regulate Uber like a taxi company. So Uber has taken the extreme step of joining forces with its rivals, technology site 1reddrop.com reports. The market is Uber’s second largest behind the United States, 1reddrop.com reports. Details
Vineyard owners’ complaints about crushing taxes prove effective.
After vineyard owners complained about proposed taxes they said would kill the wine-making industry, the government backed down, Reuters reports via the Times of India. The governor of Mendoza, the leading wine-making province, held a private meeting with President Mauricio Macri, who tabled the proposal. Macri wanted a 10 percent tax on wine and a higher levy on champagne. Details
Phoenix Gateway Airport, Mexican developer team up on project.
The East Valley Tribune reports the airport in Mesa, which serves a reliever for the Phoenix area, and a developer are working to create a business park that would house Mexican custom officers and attract exporters. The airport authority is attempting to get Mexican customs officials to relocate from Laredo, Texas. There is no commitment from the U.S. or Mexican governments at this time. Details