Stuff.co.nz
Prime Minister Jacinda Ardern expresses concern over Amazon fires - New Zealand offers help
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Prime Minister Jacinda Ardern has not ruled out New Zealand's help in dealing with Amazon rainforest fires.  Record fires are raging, with more than 2500 fires currently burning and collectively emitting huge amounts of carbon, with smoke plumes visible thousands of kilometres away.   Ardern has ordered the Ministry of Foreign Affairs and Trade officials to reach out their counterparts in Brazil to raise New Zealand's concerns alongside that of the international community....

1 September 2019

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​Editor:
Thomas Manning
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​​Publisher:
Manning Group Limited​
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​Economic Turbulence in Argentina


​Regional News
International Business Times
How Much Is Carlos Slim, Mexico's Richest Person, Worth?   

Mexican telecom mogul Carlos Slim Helu is the fifth richest man in the world and the richest in Latin America. 

But for many, little is known about the wealthy entrepreneur.  Now at age 79, with a personal and mostly self-made fortune estimated above $58 billion, Slim has established himself as one of this era's top financial minds. It all began with his immigrant's father's ability to grow a small business....
CaribbeanBusiness.com
Puerto Rico publishes list of qualified commercial activities for 'Opportunity Zones'

SAN JUAN – Puerto Rico’s Opportunity Zones Priority Projects Committee has released the list of qualified commercial activities under the federal legislation that provides tax benefits for investing in low-income communities.  Ninety-seven percent of the island was designated an Opportunity Zone where investment and taxation incentives apply.
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ENGLISH LANGUAGE BUSINESS NEWS BY COUNTRY
LATIN AMERICAN COMMENTARY
​Media Columnist; ​Thomas Manning​
Buenos Aires Times
​New Zealand - The Loss of Innocence
EMA BusinessPlus Magazine
​Brazil's Messiah
'Simón Bolívar’s Legacy' 
Columnist: Thomas Manning
DIPLOMATIC NEWS
Hon. Darren A. Henfield, Bahamas Foreign Minister (on left above) received HE Anton Ojala, NZ High Commissioner to The Bahamas and CARICOM in a bilateral meeting on 3 July 2019 to discuss climate change, education, tourism, cruise ship industry, maritime and financial matters.
HE Chris Langley, NZ Ambassador to Brazil met recently with HE Damares Regina Alves, Brazilian Minister of Human Rights, Family and Women to discuss Brazil's priorities for indigenous peoples and women
NZ Ambassador to Chile, HE Linda Te Puni, presented her credentials to Chilean President HE Sebastián Piñera (pictured centre above) & Foreign Minister HE Teodoro Ribera in Santiago on 13 August 19


​Latin America Business Digest Interview with the Ambassador of the Republic of Chile to New Zealand; HE Rodrigo Espinosa Marty

​​"Chile and NZ share basic principles of our western civilization, that is, respect for human rights, democracy and rule of law. On an economic level, both countries advocate free trade and a world with clear rules and institutions that allow this trade to be carried out in the safest and most reliable way. Regarding the main links between our peoples, I believe that the Working Holiday Visa Scheme has allowed thousands of young Chileans to get to know New Zealand society and learn from their culture, respect for nature and its politeness. This has definitely placed New Zealand as a model country, and Chile is trying to follow it." 

Click here for Full Interview
A Brazilian Business and Academic Delegation is scheduled to visit New Zealand in October 2019 for a round of visits and meetings with local businesses, research centres and government organizations.

Led by entrepreneurs Mr Roberto Salazar and Prof. Rogério Bohn, the delegation consists of Brazilian businessmen with varied backgrounds ranging from retail to construction and cooperative credit, among others.

​The mission will visit Auckland and Wellington to get to know the business environment in New Zealand.  Please contact the Brazilian Embassy for more details.
'Black Gold Bonanza for Guyana' 
Columnist: Thomas Manning
VIDEO - LATIN AMERICAN / NZ BUSINESS & ECONOMICS​​
Why is Brazil so important globally?


King's Brazil Institute has dedicated it’s time to pioneering research, digging below the surface of Brazilian life, since its launch over ten years ago. It’s Director, Professor Anthony Pereira, explains why Brazil is such an interesting country and why it’s important to study the country in such depth....
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Will Brazil become a Superpower? 


Brazil is South America’s emerging power. It is the largest and most populous country in the continent; and it benefits from a favourable geographic position, important natural resources and a growing economy. As such, it is taking a more active international role both in the region and beyond. Yet, it must also face notable challenges; notably corruption, criminality, inequality and others; all of which may undermine its rise as a great power....
Don't be afraid to leave | Peter Beck, Founder & CEO of Rocket Lab

Peter Beck is the Founder and CEO of Rocket Lab, Since founding the business in 2007, Peter has grown Rocket Lab to become a globally recognized industry leader in space and a billion-dollar company. Rocket Lab has secured funding from world-class venture capital firms - including Bessemer Venture Partners and Khosla Ventures of Menlo Park, California, and has signed contracts for more than 30 commercial launches, including a $7 million contract with NASA.
'Crouching Tiger' - Latin America in China's sights
Columnist: Thomas Manning
LATIN AMERICAN ECONOMIC ANALYSIS​
August 7, 2019
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Latin America’s growth outlook was cut for the fifth consecutive month in August, following a poor first half of 2019. A challenging global environment, plagued by persistent trade tensions and slowing growth, is seen holding back activity. Internal issues, such as Argentina’s economic adjustment, policy uncertainty in Mexico and declining confidence, also add to the downbeat outlook....

Panama Back on Gray List

Panama banks’ relationship with correspondent banks to be affected.  The Financial Action Task Force (FATF) earlier this year placed Panama back on its international money laundering watchlist.

The Central American nation was put on the so-called “gray list” in 2014 over flaws in the country’s financial practices. It was removed in 2016 after changes to its legal and regulatory framework, but the FATF has now reversed that decision despite heavy lobbying from officials in Panama.

Why has Panama been placed back on the FATF’s gray list? What are the consequences of the decision for its business sector and economy? What needs to happen for Panama to be removed from the list?
'New Zealand and the Loss of Innocence'
Columnist: Thomas Manning'
BUSINESS TRAVEL

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Forbes
Where To Stay In Lima, Peru

Lima is booming and offers visitors an ever-expanding array of properties to welcome an enthusiastic influx of travelers to the Peruvian capital.

A stay at one of the city's charming B&Bs or boutique hotels can be an excellent way to more intimately tap into the city’s captivating personality.....




​Travel and Leisure
This Luxury Train to Machu Picchu Winds Through the Peruvian Highlands in Style 

The food is divine, the views are dreamy, and the vibes are very Hogwarts Express.  Passing through the lush grounds of Tambo del Inka in the Sacred Valley of Peru, my eyes flit as I look for the first glimpse of my ride to Machu Picchu: a 1920s-style luxury train by PeruRail. As someone who’s inexperienced with train travel I’m ecstatic to be traveling to a bucket-list destination in such a posh way. After walking for about five minutes, I come upon the train tracks, and a sleek blue-and-gold train awaits.....
'Brazil's Messiah' - A new President takes Charge
Columnist: Thomas Manning

​CULTURAL NEWS​​
BBC Travel
Mexico's mysterious uncharted Caves
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Around 66 million years ago, a 15km-wide asteroid smashed into Mexico’s Yucatan Peninsula and is believed to have wiped out almost all the dinosaurs. The impact caused a megatsunami, liquified billions of tonnes of rock and created a 200km-wide crater in the Earth’s surface into which water seeped, creating thousands of sinkholes. Over millennia, some of these limestone sinkholes collapsed while others in the region eroded, forming vast networks of flooded cave systems.....
Reuters
Amid fresh meltdown, Argentine film gives last laugh to victims of 2001 crisis

With Argentina once again reeling from a financial crisis, a film released on Thursday shows residents from a village outside Buenos Aires pursuing the dream of many of those left penniless by the country’s 2001 debt default: getting their money back. The film by Argentine director Sebastian Borensztein, “La Odisea de los Giles” (“the Odyssey of the Naive”), is a fictional payback story for a nation still traumatized by the meltdown two decades ago that plunged much of the population into poverty - at a time of fresh economic turmoil....
'Quid Pro Quo for Venezuela'
Columnist Thomas Manning

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PUBLISHER & EDITOR
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​'Latin American 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

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'New Broom in Mexico'
 Columnist; Thomas Manning
 'Muy Simpatico, Mr Tabuteau'
 Columnist; Thomas Manning

latin american business digest AFFILIATES​
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.
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.
Transpolar flight grows NZ trade opportunities in Latin America
Columnist; Thomas Manning
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