New Broom in Mexico is Good News for New Zealand
 Columnist; Thomas Manning
THIS EDITION'S FEATURE NEWS
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Argentina

Argentina's central bank hikes rates to 60% as the currency collapses

Investors are increasingly concerned Latin America's third-largest economy could soon default as it struggles to repay heavy government borrowing. This comes after Argentina's government unexpectedly asked for the early release of a $50 billion loan from the International Monetary Fund (IMF) on Wednesday.  

The Argentine peso crashed to record lows on the news. It saw steep losses in the previous session and collapsed another 15 percent to hit 39 pesos against the U.S. dollar on Thursday morning.

The peso is down more than 45 percent against the greenback this year, exacerbating pre-existing fears over the country's weakening economy while inflation is running at 25.4 percent this year.
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CNBC

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Argentina's currency woes deepen crisis

​Will austerity measures fix the economy and what about the fallout for emerging markets?

Aljazeera
 Muy Simpatico, Mr Tabuteau
 Columnist; Thomas Manning
DIPLOMATIC, TRADE & CULTURAL NEWS

196th Anniversary of the Independence of Brazil Reception
7 September 2018, NZ School of Dance, Wellington. 

 

Photo left:
Brazilian Ambassador to NZ HE Paulo Cesar de Camargo with TDB Editor Thomas Manning

Photo right:
​Señora Paulina Reyes Berlanga representing the Embassy of Mexico in New Zealand; Srta. Alejandra Traslosheros Reyes
208th Anniversary of the Independence of Mexico Reception
13 September 2018, Victoria University, Wellington
From Left: Mexican Ambassador HE José Gerardo Traslosheros Hernández  welcomes guests; Spanish Ambassador HE Fernando Curcio Ruigómez, Chilean Ambassador HE Rodrigo Espinosa; Argentine Ambassador HE Fausto Mariano Lopez Crozet, Ms Laree Taula, Private Secretary to the Parliamentary Under-Secretary of Foreign Affairs; Cuban Ambassador HE Mario Alzugaray Rodriguez, Her Worship the Mayor of Rotorua, Hon. Steve Chadwick; Samoan High Commissioner & Dean of the Diplomatic Corps HE Leasi Papali'i Tommy Scanlan, Laree Taula, Thomas Manning;  Mariachi Carlos and his band get the crown jumping!
Latin America trade trifecta in sight for New Zealand
Columnist; Thomas Manning

​VIDEO - LATAM/NZ BUSINESS & ECONOMICS
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Dominican Republic, the BEST and the WORST of Latin America? 

The Dominican Republic is a very special place in Latin America. Not only because we can find incredible places like Punta Cana, Bayahibe or Puerto Plata here, among many others, but also because this was the first land that Christopher Columbus touched when he discovered America
Can ARGENTINA lead the RACE for LITHIUM?


Argentina is, alongside with Chile and Bolivia, one of the three countries that make up the so-called LITHIUM TRIANGLE. The area where between 60 and 80% of the world lithium reserves are concentrated.
Te Pūia Tāpapa fund targets local infrastructure


A weekly New Zealand Herald Videocast about the NZ economy by Business Editor Liam Dann & Guests. 
Transpolar flight grows NZ trade opportunities in Latin America
Columnist; Thomas Manning
LATIN AMERICAN ECONOMIC ANALYSIS
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Recovery stays on track in Q2 but headwinds to growth mount in Q3

September 12, 2018 Preliminary data revealed that growth held up in Latin America’s economy in the second quarter, despite global geopolitical uncertainty and political tensions in key economies. Regional GDP (excluding Venezuela) grew 1.9% over the same period last year in Q2, matching Q1’s result. Tailwinds from higher commodity prices, recovering private consumption and a solid global economy supported growth in the quarter. However, growth was uneven across countries and activity in the more vulnerable economies of Argentina and Brazil floundered.    


Latin America: Panama Most Expensive City

 Panamanian capital Panama City has become the most expensive city in Latin America, according to the latest cost of living survey from Swiss bank UBS.  Panama City now ranks 25th among 77 cities worldwide.  That means it is more expensive than cities like Frankfurt, Vienna, Dubai and Rome. The development comes as Panama now ranks as the richest country in Latin America, according to a new Latinvex analysis.

NEWSLETTERS, BLOGS & PRESS RELEASES
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CUBA IN NEW ZEALAND

  1. Cuban Ambassador to New Zealand, Mario Alzugaray, hosted a lunch with Foreign Trade and Export Growth minister, Hon. David Parker, together with his Latinamerican colleagues. 
  2. In an event held at the diplomatic mission of Cuba in Wellington, the ambassadors of Latin America to New Zealand, had a friendly meeting with the Minister for Climate Change and co - leader of the Green Party, James Shaw.
  3. Exchange with University of Canterbury students
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Business News and information from the NZ Government.


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New Zealand Trade & Enterprise, September 2018
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​​LANZBC August 2018 Newsletter

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South America Land Prices Review



​Monthly Newsletter of the Argentine Chamber of Commerce for
​Asia and the Pacific (Spanish Language)



The Bubble Podcast every Friday evening (BUE time) focusing on
​the stories that made the headlines during the week in Argentina. 


exchange rates, stock markets & tenders
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PUBLISHER & EDITOR
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'Transpacific Business Digest' © is a free fortnightly E-digest aggregating New Zealand - Latin American Business News, Economic Analysis, Market Reports & Video published by Manning Group Limited and edited by Thomas Manning who has advised on and managed projects for New Zealand companies in Latin America for over 30 years,  Thomas is a former Vice President of the Latin America New Zealand Business Council and is a Buenos Aires Times Columnist who also writes regularly for EMA's BusinessPLus Magazine. Thomas' Linkedin Profile & Media Archive

archive
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transpacific business digest AFFILIATES
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With 40 years’ marketplace experience and exports to more than twenty countries from its plant in Rosario, Argentina, Condor Group SRL is a world-class manufacturer with divisions dedicated to industrial power generation, industrial air compressors and pneumatic equipment, and specialized tyre reconstruction for commercial fleet operators.
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Richardson & Associates is the Southern Cone's leading Law Firm & Patent Attorneys specalising in New Zealand Trade



Camara del Asia y el Pacifico is a Buenos Aires-based chamber of commerce with member companies dealing with foreign trade, banking, finance, air and sea transport, insurance, tourism, education, investment,  services in Asia and the Pacific.


​Transpacific Business Tours’ directors have a successful track-record of over 30 years in tour management in New Zealand and throughout Latin America with a focus on Delegations & Trade Missions as well as personally guided tours tailored for investors & business people.
Manning Group Limited

Postal Address: P.  O. Box 1 1 857, Manners Street
Wellington, New Zealand 6010

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