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Daily Brief

Dec 23, 2005 Issue

Brazil and Venezuela Agree Joint Mineral Exploration

Brazil

Brazil and Venezuela will meet next February in Boa Vista in Brazil to discuss joint mineral exploration on the border zone between the two countries. The area to be expl...

Colombia Q3 Growth Of 5.75%

Colombia

Colombia's GDP grew by 5.75% in the third quarter compared with the same period last year, the fastest rate in the past 10 years. This follows growth in the second quarte...

Colombia Seeks Adviser For Granbanco-Bancaf´e

Colombia

The Colombian government yesterday, Thursday, said it would be accepting bids from investment banks to advise on the future of state-owned Granbanco-Bancaf´e, the country...

Shell Sells Off South American Retail Outlets

Brazil

Anglo-Dutch oil company Shell has sold off several of its South American retail outlets. In Uruguay, Paraguay and Colombia its 261 outlets were bought by Brazilian state-...