Finance Colombia » nicaragua

The above IHME map shows the mean value (across the 1,000 regressions that IHME runs in its SEIR model) of effective reproductive number, R, on June 9. Infections on June 9 roughly correspond to cases of COVID-19 on June 20 given the average duration of 11 days between infection and being reported as a case. Where this value is greater than 1, it means that every person infected with COVID-19 will produce more than one additional infected person. To successfully eliminate a disease from a population, R needs to be less than 1. The map shows that on June 9 in many parts of the world, R was lower than 1, including many parts of North America, Europe, Africa, India, Australia, and New Zealand. Locations that are showing effective R values greater than 1, which means that the number of cases of COVID-19 in the population is growing, include several states in India, the US, Mexico, and Brazil, as well as many countries in the Southern Hemisphere, such as Argentina, Chile, and Indonesia. Several countries in the Middle East, including Egypt, Saudi Arabia, Iraq, and Yemen, as well as Turkey and Iran, also had R values greater than 1 as recently as two weeks ago.

Up To 81,942 May Die In Colombia From COVID-19 Says University of Washington Institute

The Institute for Health Metrics and Evaluation (IHME) at the University of Washington is forecasting nearly 388,300 people will die from COVID-19 in Latin American and Caribbean nations by October 1. Brazil is expected to exceed 166,000 deaths and Mexico 88,000. Six other...

Posted On June 29, 2020

, By Loren Moss

Latin American Governments’ Weak Public Finances Leave Them Ill-Equipped To Battle Coronavirus Recession: Fitch

According to Fitch Ratings, Latin America sovereigns' weak public finances make them particularly vulnerable to the coronavirus crisis by limiting both their counter-cyclical policy flexibility and their ability to support post-crisis economic recoveries. The pronounced negative...

Posted On June 8, 2020

, By Loren Moss

Invest Pacific Executive Director Alejandro Ossa Cardenas

Cali Expects 13 New FDI Projects In 2020 Despite Coronavirus

Despite the Coronavirus COVID-19 Pandemic, Cali Colombia based Invest Pacific says it expects 2020 to close with 13 significant new FDI deals

Posted On April 21, 2020

, By Loren Moss

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Vernon Arseneau Named Executive Director & COO of Royal Road Minerals

Royal Road Minerals Limited (TSXV:RYR) has announced the appointment of Vernon “Vern” Arseneau as Executive Director and Chief Operations Officer of the Company. Vern is a founding Director of Royal Road Minerals having served on the company’s board since its inception in 2010....

Posted On January 13, 2020

, By Loren Moss

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Mineros S.A. & Royal Road Minerals Announce Colombia Gold Mining Joint Venture

Royal Road Minerals Limited (TSXV:RYR) announced today that it has entered into a Letter of Intent with Mineros S.A. (BVC: MINEROS) in relation to the company’s Guintar and Niverengo concessions and its Margaritas title application (The “GNM Project) in Antioquia, Colombia....

Posted On December 23, 2019

, By Loren Moss

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Grupo Aval’s Banco de Bogotá To Buy Panamá’s Multi Financial Group; Moody’s Says Outlook Remains Negative

Banco de Bogotá has reached an agreement with Multi Financial Group (MFG), Panama’s eighth largest banking group by assets, to acquire 100% of its common capital for about $730 million dollars in an all-cash transaction. The proposed acquisition will add $5 billion to Banco...

Posted On November 18, 2019

, By Loren Moss

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Avianca in SEC Filing: “We Are Currently In Payment Default”

Avianca: "Our business may not succeed even if the Re-profiling Plan is successful and the Stakeholder Investment is consummated."

Posted On September 3, 2019

, By Loren Moss

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Avianca Sells Regional Airline Subsidiaries in Nicaragua & Costa Rica

Avianca Holdings S.A., (NYSE: AVH) (BVC: PFAVH), through its subsidiaries Grupo Taca Holdings Limited and Nicaraguense de Aviacion S.A., closed the sale of its shares in Turboprop Leasing Company Ltd., parent company of the Costa Rican airline Servicios Aéreos Nacionales S.A...

Posted On June 13, 2019

, By Loren Moss

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Royal Road Minerals Appoints Social/Environmental Expert Liz Wall To Board of Directors

Toronto based Royal Road Minerals Limited (TSXV:RYR) has announced the appointment of social development and environmental specialist, Liz Wall to the Board of Directors. According to Royal Road, Wall has over twenty years of global experience assessing and addressing social and...

Posted On May 13, 2019

, By Loren Moss