First quarter exports from Latin American and Caribbean fall: IDB report

Tuesday, June 18, 2019 - 17:31
The value of exports from Latin American and the Caribbean fell by 1.6 percent in the first quarter of 2019 compared to the same period in 2018. The decrease was caused by lower export volumes and falling commodity prices.

IDB-FEMSA Award to innovation on water & sanitation opens call for 2019

Wednesday, June 12, 2019 - 00:28
The IDB-FEMSA Awards to innovation on water and sanitation are reaching their tenth anniversary in 2019 and will be celebrating the occasion with a special edition that calls on those who have innovative solutions to compete for a special prize.   First, second, and third place winners of the IDB-FEMSA Awards will receive $15,000, $10,000 and $5,000 in cash, respectively. This year will also feature a special category called “All stars,” where prior editions finalists will compete for a one-time cash prize of $15,000.

Latin American and Caribbean exports rise but at a slower rate

Thursday, January 10, 2019 - 12:13
Exports from Latin America and the Caribbean hit their highest level in six years thanks to a 9.9 percent increase in 2018, albeit amid growing downside risks in the future, according to a new report by the Inter-American Development Bank. The region exported $1.08 trillion last year. While this is the highest level since record exports in 2012, the rise fell short of the 12.2 percent growth rate for 2017. The region’s performance also lagged a worldwide trade increase of 11.6 percent for the Jan-Sept period (compared to the same period the previous year).

Brazil to improve municipal infrastructure with IDB support

Monday, December 3, 2018 - 16:06
INVESTMENTS OF $600 MILLION CHANNELED BY BANCO DO BRASIL WILL BE AVAILABLE TO MUNICIPALITIES WITH A POPULATION OF UP TO 500,000 The Inter-American Development Bank (IDB) has approved a $600 million multisectoral loan to Banco do Brasil to improve the efficiency of road, water, energy and public services infrastructure in small and medium-sized cities.

Declining Export Competitiveness: Latin America Urgently Needs a Quality Leap

Wednesday, November 14, 2018 - 15:28
BUENOS AIRES—In the first quarter of 2018, the value of exports from Latin America and the Caribbean grew at a year-on-year rate of 9.7 percent in comparison with the same period in 2017, according to a new report from the Inter-American Development Bank (IDB). However, this growth has come amid signs that the region is becoming less competitive amid rising economic risks and global trade tensions.

IDB and partners launch platform to fight food loss and waste

Tuesday, October 16, 2018 - 23:11
#SinDesperdicio will focus on four areas of activity: innovation, public policies, knowledge, and behavior, leveraging the efforts of the private sector, civil society and governments in the region Latin America and the Caribbean (LAC) loses or wastes more than 127 million tons of food a year—an annual average of 223 kilos per person in a region where nearly 42 million people suffer from acute undernutrition (hunger).

Artificial intelligence to boost Latin American and Caribbean economies: IDB study

Wednesday, August 29, 2018 - 11:43
Study also urges governments to anticipate consequences of artificial intelligence in labor markets BUENOS AIRES – Artificial intelligence can facilitate trade negotiations and add one additional percentage point of growth to Latin American and the Caribbean economies, according to a study by the Inter-American Development Bank (IDB).

Green infrastructure for Latin America and the Caribbean: rich in water, yet thirsty

Monday, August 27, 2018 - 15:54
The Inter-American Development Bank (IDB) is coordinating the Latin America and the Caribbean sessions during World Water Week in Sweden’s capital, with a focus on the need to adopt nature-based solutions to address the current and future demand for water resources in the region. STOCKHOLM, Sweden – Latin America and the Caribbean needs to progress towards a wiser combination of green and traditional infrastructure to satisfy the water needs of the 21st century.

Latin America and Caribbean single free trade agreement would reap $11 billion windfall, IDB study shows

Tuesday, May 29, 2018 - 14:22
Report urges action by major regional economies Argentina, Mexico and Brazil, amid challenging trade environment Latin America and the Caribbean could add an additional $11 billion in annual trade flows by blending 33 separate agreements into a single regional free trade bloc, according to a study by the Inter-American Development Bank (IDB).

More than 3,000 business meetings held at LAC Flavors Argentina 2017

Tuesday, November 7, 2017 - 19:00
Buenos Aires, Argentina- More than 560 food exporting companies from Latin America and the Caribbean (LAC) met with 120 international buyers from five continents at LAC Flavors 2017, where they closed transactions valued at a projected amount of $152 million, according to preliminary data from the Inter-American Development Bank (IDB).