Argentina is expected to announce a raft of spending cuts on Monday, in an attempt to contain the country's acute currency crisis. The peso has lost roughly half its value this year, despite the central bank's effort to stabilise it by raising a key interest rate to 60%. President
A summary for Corporate Marketers, Media Sales Executives and Advertising Agencies to see what clients are moving into the market and/or targeting Latin American consumers right now. For prior Sales Leads LatAm editions, click here. 2018 NETWORKING SOLUTIONS. To find out about Portada's new networking solutions targeting the decision makers of the below campaigns,
People change positions, get promoted or move to other companies. Portada is here to tell you about it. (Looking for your next Career move? Check out Portada's Career Board!) Radisson Hotel Group has appointed Catherine Higgins as marketing VP for America. Previously, she was CMO and CCO at Anchor Bank since may 2014. Jaime Echavarría López has been named president
Brazil's top electoral court has ruled that jailed former President Luiz Inácio Lula da Silva cannot run as a candidate in the presidential election because of his corruption conviction. Judges voted against his running in October's ballot by a majority of six votes to one in the seven-member court. Lula, 72, was leading in polls ahead of the vote despite
The government of Nicaraguan President Daniel Ortega has ordered a team from the United Nations Commission for Human Rights to leave. The expulsion comes days after a critical report into human rights in Nicaragua during months of anti-government protests. The chief of the UN mission, Guillermo Fernandez, said his team would continue to monitor the situation from abroad.
Javier Bauluz is a Pulitzer Prize-winning Spanish photojournalist who has been reporting on the recent wave of protests in Nicaragua in which hundreds of people have been killed. He argues that there are parallels between the current crisis and Nicaragua's armed conflict of the 1980s, which he also covered. "How did we not realise that they were becoming monsters?
An inquest heard how a reality TV star became disorientated and fell to his death after asking "to find a shaman" and wandering off. Joe Tilley was travelling in Colombia at the time and his body was found submerged in the lower part of the towering Fin del Mundo waterfall, known as The End of the World. The 24-year-old, from Leicester, was last seen alive heading
Argentina's central bank has raised interest rates to 60% as the value of the peso continues to plummet. The currency plunged by more than 15% in morning trade on Thursday, after falling 7% a day earlier. It comes after the International Monetary Fund (IMF) agreed to speed up its $50bn bailout to the country, citing "more adverse" market conditions. The move
Argentina's government has unexpectedly asked for the early release of a $50bn (£37.2bn) loan from the IMF amid a growing economic crisis. President Mauricio Macri said the move was designed to restore confidence in the Argentine economy. The Argentine peso has lost more than 40% of its value against the US dollar this year and inflation is rampant. The IMF
The United Nations Human Rights Office has published a scathing report into alleged human rights violations committed in Nicaragua in the wake of a wave of anti-government protests. Hundreds of people have been killed and thousands injured since April. "Repression and retaliation against demonstrators continue as the world looks away," UN human rights chief Zeid Raad Al