Search Results for: Venezuela

BY PACIFICA GODDARD

Despite the difficult economic climate, spirits are still selling well in Latin America, and in 2008, 3 billion litres of spirits were sold, according to Canadean. However, spirits for the most part are not a very dynamic segment, and consumption per capita has remained steady between 4.5 and 4.6 litres for the last five years, and growth was flat at 0.4% in 2009.…

BY PACIFICA GODDARD

The most important markets for bottled water have traditionally been developed economies like Western Europe and the United States. However, growth in these markets has recently flattened out, exacerbated by the global economic crisis and growing environmental concerns over the product.…

BY PACIFICA GODDARD

INTRODUCTION

LATIN America has never been a strong player in the global drinks marketplace, but maybe, as much of the region struggles towards unprecedented prosperity, this could change. Mexico has shown the way with the international profile of its beers, notably Corona, and its world-beating Tequila and Mezcal industries.…

BY PACIFICA GODDARD

INTRODUCTION

There are signs around the world that the textile market is beginning to recover from the global economic crisis, and developing markets will be leading that recovery. Asia is, of course, at the forefront, but many countries in Latin America have also weathered the crisis and have come out in a surprisingly decent position, with their dynamic textile and apparel industries well positioned for future expansion.…

BY PACIFICA GODDARD

LAST year in Latin America, British American Tobacco (BAT) and Philip Morris International (PMI), the region’s two dominant companies, battled to maintain profits through declining volumes. Overall, Latin America was profitable for both companies. For BAT, profits were mainly attributable to a strong performance in Brazil, and improved premium brand sales, however volumes sales declined throughout the region.…

By Leah Germain, International News Services

Globalisation has created new opportunities for the transfer of people and products across borders, and broadened the scope of many businesses around the world. But it’s not all good news of course: one of the seamier sides of growing international commerce is the abduction and trafficking of human beings. 

The problem is getting worse. Just over a year since the collapse of the global market, countries around the world have reported a significant increase in cases of the exploitation of people for monetary gain. While cases of kidnapping and ransom continue to be common in African and Latin American countries, such as Nigeria and Venezuela, the majority of organized human trafficking cases are actually in Europe.…

BY KEITH NUTHALL

AN INITIATIVE boosting the ability of Latin American and Caribbean countries to prevent precursor chemicals from being diverted from legitimate uses to illegal narcotic production has been launched. The UN Office in Drugs and Crime and European Commission’s three-year PRELAC project will cover: Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Jamaica, Mexico, Panama, Peru, Trinidad & Tobago and Venezuela.…

BY PACIFICA GODDARD

The Venezuelan cigarette market experienced an overall decline in 2008 and the first half of 2009. In 2008, 11.95 billion sticks were sold, an 8.6% drop from the 13.07 billion sticks sold in 2007, according to the United Nations Statistics Division.…

By Leah Germain

The World Bank’s International Finance Corporation (IFC) is investing US$8 million into Colombia’s private higher education sector to promote affordable technical and professional education for the country’s low and middle-income students. The funds will help finance the private Colombian university, Corporación Universitaria Minuto de Dios (Uniminuto).…

BY PAUL COCHRANE

IRAN has been under international financial and other trading scrutiny since the Islamic revolution 30 years ago, with sanctions by the United States tightened under the Clinton administration through the Iran-Libya Sanctions Act. And since Iran’s decision to embark on a nuclear programme, US sanctions have intensified, but in the face of such restrictions Iranian banks and individuals are increasingly using joint venture banks in the Middle East and South America to bypass scrutiny.…