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Latin America, Financial Timeline Saturday, November 15     Author
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Mexicans in U.S. sending less money home
World News Business (422) Financial (148) Latin America
2007 (4) 2006 (3) 2005 (2) 2004 (2) 2003 (4) 2002 (7) 2001 (3) 2000
   South America (31)    Caribbean    Central America    Argentina (27)    Brazil    Mexico
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Itaś and Unibanco to merge operations

November 2008 ... more > Top ^

Nov. 3   Brazil
  Itaś and Unibanco will merge their banking, credit, and insurance operations, creating the largest financial services group in the Southern Hemisphere

October 2008 ... more > Top ^

Oct.1   Mexico
  Banco de Mexico: Mexicans in the United States sent home 12.2% less money this past August than the same month last year

June 2008 ... more > Top ^

Jun.11   Cuba Cuba to abandon salary equality
  Vice-Minister for Labour: Cuba is to abolish system of equal pay for all and allow workers and managers to earn performance bonuses
Jun.10   Argentina Controversial tax to fund social programs  President Cristina Fernandez de Kirchner announced plans to fund a public works program with revenues from a agrarian export tax

January 2008 ... more > Top ^


year 2007 Top ^

Dec.6   Venezuela Inflation worries  Inflation is beginning to eat away at Venezuela's economy despite efforts by Chavez's government to put a cap on swiftly rising prices Sep.13   Brazil Gang used ATM 'blood suckers' to steal  Police arrested 24 people in a crackdown on a gang that implanted devices in ATMs that recorded banking data Apr.30   Venezuela Venezuela to pull out of IMF, World Bank
  President Chavez announced he would make a symbolic move because the nation has already paid off its debts to the lending institutions
Mar.18   Mexico LatAm migrants' money exceeds aid  The amount of money sent home by Latin American migrant workers to their families has reached more than $62bn

year 2006 Top ^

Oct.2   Mexico Banks attacked in restive city  Protesters threw explosives at 2 banks in Oaxaca, shattering windows and further raising tensions Jul.25   Haiti Donors pledge $750m aid to Haiti  International donors have pledged an aid to help economic recovery over the next year May.10   Puerto Rico Loan deal for crisis  Puerto Rican officials have struck a deal on ending a budget crisis that has shut down government offices

year 2005 Top ^

Jan.23   Argentina Debt offer draws support  In the first week of the debt swap, creditors holding 23.2% of debt in default had signed up for the offer

year 2004 Top ^

Nov.1   Argentina   Debt repayment offer  Argentina's government has presented financial regulators in the US with plans to reorganise the debts Oct.26   Cuba   Castro to rid Cuba of U.S. dollars  Cuba will end circulation of the U.S. dollar as of Nov. 8 in response to tightened U.S. sanctions

year 2003 Top ^

Jun.24   Brazil   Rural credit aid launched  President Lula announced that poor family farms are to receive a significant increase in government credit Feb.5   Venezuela   Currency rate fixed  Chavez suspended the sale of dollars for two weeks because of a crippling general strike Jan.16   Argentina $1bn debt default avoided  Argentina clinched an aid deal with the IMF to refinance its short-term debts Jan.6   Venezuela Bankers set to join general strike

year 2002 Top ^

Nov.14   Argentina Argentina faces fresh default Sep.6   Mexico Finance leaders discuss fighting terrorism Aug.7   Brazil IMF throws extra $30bn to Brazil  The International Monetary Fund is hoping to help pull the country and the region out of crisis Feb.11   Argentina Peso passes first test  Peso, floating freely for the first time in a decade, ended trading stable against the dollar Jan.6   Argentina Peso devaluated
  New government ends 10 years of parity with the US dollar. 1.4 pesos would buy $1, a devaluation of 30%

year 2001 Top ^

Dec.23   Argentina Debt payments suspended  New interim president will suspend foreign debt payments, triggering the default Dec.19   Argentina Argentina plunges into turmoil  Economy Minister, Domingo Cavallo, has resigned. Police fired tear gas to disperse tens of thousands of angry protesters Aug.3   Argentina IMF to accelerate $1.2 billion loan  $1.2 billion loan for Argentina and $15 billion line of emergency credit for Brazil

year 2000 Top ^





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