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LAC Countries Urged to Invest 6.2% of GDP on Infrastructure

LAC Countries Urged to Invest 6.2% of GDP on Infrastructure

By Narayan Ammachchi Latin American countries should annually invest more than 6% of their GDP on infrastructure development to meet their economic goals, the Economic Commission for Latin America and the Caribbean (ECLAC) suggests in its latest report. The report, prepared by ECLAC‘s Infrastructure Services ...

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Cuban Airliner to Resume Flight Service to Costa Rica

Cuban Airliner to Resume Flight Service to Costa Rica

By Narayan Ammachchi Cuba will soon begin offering direct flights to Costa Rica, as the Caribbean country intensifies its efforts to bolster its tourism sector in the face of the ongoing U.S. embargo. Cubana de Aviación, the nation’s top airliner, says it will begin running flights to ...

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Unemployment Rises as Chile’s Economy Slows Down

Unemployment Rises as Chile’s Economy Slows Down

By Narayan Ammachchi Chile’s economic recovery is losing steam, with the jobless rate rising to new highs during the three-month period ending in August. According to data released by the government, the unemployment rate shot up to 6.7%, while factory output ...

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