Tuesday, 12 October 2010 13:54 Barbara Schieber Today and yesterday many of the 150 country delegations that participated at Conference for Reconstruction and Transformation of Guatemala expressed their support for the plan proposed by the Government of Guatemala. At the same time it seemed clear to most international participants that Guatemala will never be able [...]
Category Archives: Economy
Article: International Community Agrees: Guatemala Urgently Needs Fiscal Reform
Article: Central America Coffee Land to Shrink as Globe Warms
The following excerpt is from a May 19, 2010 article published by Reuters. To read the article in its entirety, please click here. SAN LUCAS TOLIMAN, Guatemala, May 19 (Reuters) – Mexico and Central America could lose around a third of land suitable to grow coffee as global warming hurts conditions for the best quality [...]
Article: Internet and E-Commerce Industry in Guatemala
The following excerpt is from a May 12, 2010 article published by the E-Commerce Journal. To read the article in its entirety, please click here. Guatemala, that represents developing country that still faces many social problems, is among the 10 poorest countries in Latin America. The country is bordered by Mexico to the north and [...]
Article: Central America Pharmaceuticals and Healthcare Report Q2 2010 – New Market Report Published
The following excerpt is from an April 29, 2010 article published by CompaniesAndMarkets.com. To read the article in its entirety, please click here. When taken as a whole, the pharmaceutical market of Central America is an attractive prospect for drugmakers. Combined sales of prescription drugs and over-the-counter (OTC) medicines are forecast to increase from US$2.35bn [...]
Article: Apparel Producers in Guatemala Getting Back on Track
The following excerpt is from an April 2, 2010 article published by ApparelNews.net. To read the article in its entirety, click here. GUATEMALA CITY—Inside the cinderblock walls of the Los Volcanes knitting mill, located just outside of Guatemala City, the rows of metal machinery are old, but the ownership is new. In 2008, the mill [...]
Article: AEI Services Unit Funds Guatemala Project
The following excerpt is from an April 1, 2010 article published by the Houston Business Journal. To read the article in its entirety, please click here. An AEI Services LLC subsidiary has closed on long-term financing to build a 300-megawatt power plant in Guatamala. Jaguar Energy Guatamala LLC received a $350-million, 10-year loan from a [...]
Article: Google to Add Maya, Nahuatl Languages to Search Engine
The following excerpt is from a March 19, 2010 article published by The Economic Times. To read the article in its entirety, please click here. MEXICO CITY: Internet giant Google is adding two native Central American languages — Maya and Nahuatl — to its universal search service, a company official said Thursday. Searches in these [...]
Article: Shrimp And Lobster Disappearing Fast
The following excerpt is from a March 11, 2010 article published by Red Orbit. To read the article in its entirety, please click here. Central American shrimp and lobster populations are being threatened by illegal fishing and climate change, experts said on Thursday. The decline of such species is a huge impact on the two-billion-dollar-a-year [...]
Article: At Pollo Campero, Growth Is on the Menu
The following excerpt is from a March 11, 2010 article published by Business Week. To read the article in its entirety, please click here. The Guatemalan chicken chain established a niche with immigrants in the U.S. Now it’s hungry for more. Carla Flores emigrated to Chicago from Honduras 27 years ago. Her husband, Eric Ruiz, [...]
Article: Guatemala’s Sugar Exports to Mexico Surges
The following excerpt is from a March 9, 2010 article published by Commodity Online. Click here to read the article in its entirety. GUATEMALA CITY (Commodity Online) : Central American republic of Guatemala said its sugar exports to neighbor Mexico surged to close to 200,000 metric tons this fiscal. According to Guatemalan Sugar Growers Association, [...]
Article: Coffee Supplies Hit by Rising Demand, Climate Change
The following excerpt is from a March 1, 2010 article published by Reuters. Click here to read the article in its entirety. More coffee drinking coupled with climate change have reduced supplies of beans, producers said at an international conference over the weekend. “There is already evidence of important changes,” said Nestor Osorio, the head [...]
Article: Coffee Hit by Global Warming Say Growers
The following excerpt is from a February 26, 2010 article by The Abundance Farming Project (AFP), and hosted by Google News. To read the article in its entirety, please click here. GUATEMALA CITY — Coffee producers say they are getting hammered by global warming, with higher temperatures forcing growers to move to prized higher ground, [...]
Article: Guatemala Worlds Largest Cardemom Exporter
The following excerpt is from a February 25, 2010 article pubished by The Guatemala Times. To read the article in its entirety, please click here. Guatemala – The green Gold of Guatemala is Cardamom. 23,000 tones of cardamom are cultivated in Guatemala annually. This makes Guatemala the world’s largest exporter. Guatemala’s cardamom production sets the [...]
Article: Retooling Education
here is an account of countries around the world with educational shortcomings. Guatemala is on the list of countries where over 30% of young adults have fewer than four years of education. I encourage everyone to skim the article as it’s really quite eye opening. I think some of the solutions discussed in the article [...]
Article: Guatemala – 2009-10 Coffee Crop Struggling To Recover
The following excerpt is from a February 25, 2010 article published by The Wall Street Journal Online. To read the article in its entirety, please click here. GUATEMALA CITY (Dow Jones)–Harvesting of Guatemala’s current 2009-10 coffee crop continues at slow pace and weather problems are making a recovery more difficult, Guatemala’s National Coffee Association, or [...]
EU Invests in Sustainable Future for Guatemala
Here is an article on recent support of Guatemala by the European Union (EU) to the tune of 33.8 million Euros. “Guatemala City. The EU new initiative supports the five strategic objectives of the Strategic Plan for Food Security and Nutrition (PESAN, Plan Estratégico de Seguridad Alimentaria y Nutricional) from 2009-2012 and will benefit the [...]
Article: Construction of US$12bn Technological Corridor to Begin in June – Guatemala
The following excerpt is from a February 12, 2010 article published by Business News Americas. To read the entire article please click here. Guatemala’s US$12bn technological corridor project (CTG) to link ports on the Atlantic and Pacific oceans will get underway in June this year, northeastern municipalities’ association head Álvaro Olavarrueth told BNamericas. The corridor [...]
Article: Guatemalans, in Brooklyn for Work, Keep Bonds of Home
The following excerpt is from a February 3, 2010 article published in The New York Times. To read the article in its entirety, please click here. In Bensonhurst, Brooklyn, they wait on corners for odd jobs, sending as much money as they can back home to Guatemala. They gather at the small churches that double [...]
Article: Starbucks Reduces Coffee Buying in Costa Rica, Reuters Reports
The following excerpt is from a January 26, 2010 article published by The Seattle Times. To read the article in its entirety, please click here. Reuters reports that Starbucks has reduced purchases of Costa Rican coffee this year. Guatemalan growers said in December that Starbucks was slow buying their coffee, too, and some speculated then [...]
Article: Taiwan Pledges Continued Promotion of Investment in Guatemala
The following excerpt was taken from an article published in Taiwan News on January 15, 2010. To read the article in its entirety, please click here. Taipei, Jan. 15 (CNA) Vice President Vincent Siew said Friday that the government will continue to promote investment in Guatemala and that a proposed investment by a major Taiwanese [...]
Article: Cardamom on a High as Output Dips, Exports Rise
The following excerpt is from a January 10, 2010 article from mydigitalfc.com, out of India. To read the article in its entirety, please click here. (emphasis added) Since early 2006, cardamom prices have been on an upward trajectory. As the harvesting season ends, there are reports of lower arrivals in the mandis in Kerala, a [...]
Article: Farmer to Farmer steps up efforts to sell fair market coffee
To read the article in its entirety, please click here. Look for a profile on Farmer to Farmer in the next few days! Sunday, January 10, 2010 7:06 AM CST For THE NEWS GLENWOOD CITY – As economies struggle around the globe, one small, Wisconsin-based nonprofit is gearing up to increase its support of small coffee growers in Latin America. Farmer to Farmer began importing high quality, shade-grown coffee from the Lake Atitlan area of Guatemala in 2000, a time when coffee prices had plummeted worldwide. This year, the organization expanded its offerings to include a line of certified organic Honduran coffee, and it is exploring a source for certified organic, Guatemalan beans. Farmer to Farmer has recently contracted with Cari Witcher of Downsville, to help market the coffee directly and through retailers. A long-time member and former board member, Witcher’s enthusiasm for and knowledge about the organization and its coffee project have been enhanced by her five visits to Guatemala with other Farmer to Farmer members. Greater, more reliable income The group’s goal is to significantly increase sales in order to support more small farmers in Latin America with a fair price for their coffee. Being able to count on a higher price gives these families an income security they would not otherwise have. World coffee prices are around 60 to 70 cents per pound, and fair trade certification requires a minimum payment to growers of $1.26 per pound, $1.41 minimum for certified organic (www.globalexchange.org). Farmer to Farmer pays $2.07 to $2.50 per pound to the grower or to the cooperative of growers. [...]
Article: Malnutrition in Guatemala
The following excerpt is from an August 27th, 2009 article published by the Economist. This article does a great job of highlighting some public health issues facing the nation. To read the article in its entirety, please click here. It is hardly one of Latin America’s poorest countries, but according to Unicef almost half of [...]
Article: Guatemala Unit for Solar Energy
The following is an excerpt from an article published on December 29, 2009 in Brunei FM World News. To read the article in full, please click here. GUATEMALA, Dec 29 (NNN-PRENSA LATINA) – A unit known as the National Coordinating Cell of the Euro Solar Programme (CNC) was created in Guatemala. Official paper El Diario [...]