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If you want to make money in Cuba, join a band
“In Cuba, we have an inverted socioeconomic pyramid,” says Guevara. Waiters make more than software engineers, a hotel bartender is more likely to go on a holiday abroad than a bank manager, and having a university degree typically doesn’t mean higher pay.
- Categories
- Uncategorized
- Region
- Latin America
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Cash Is Costly in the Caribbean, Says Mastercard Study
A study commissioned by MasterCard indicates that nine out of 10 transactions in Jamaica are done by cash or cheques, underscoring the problem of costly informality, according to the global card company.
- Categories
- Uncategorized
- Region
- Latin America
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Behind the World’s Top Drugmakers’ Approach to Zika Vaccine
What if a drugmaker spent billions of dollars to create a vaccine -- only to find out humans developed natural resistance to the disease before its product is ready?
- Categories
- Health Care
- Region
- Latin America
- Tags
- vaccines
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India Eyes Oil-for-Drugs Deal With Venezuela to Recoup Pharma Cash
Indian officials say they have proposed an oil-for-drugs barter plan with cash-strapped Venezuela to recoup millions of dollars in payments owed to some of India's largest pharmaceutical companies.
- Categories
- Health Care
- Region
- Latin America
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Colombia Battles World’s Biggest Drugmaker Over Cancer Drug
Colombia's government is giving pharmaceutical giant Novartis a few weeks to lower prices on a popular cancer drug or see its monopoly on production of the medicine broken and competition thrown open to generic rivals.
- Categories
- Health Care
- Region
- Latin America
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TransferTo, Barri Partner to Provide Mobile Money Transfers in El Salvador
Barri Financial Group, a U.S.-based money transfer service provider, has signed a strategic partnership with TransferTo, a B2B mobile payment network, to enable real-time mobile money transfers to Tigo Money accounts in El Salvador.
- Categories
- Technology
- Region
- Latin America
- Tags
- fintech, remittances
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In Brazil, a New Zika Strategy: Billboards That Smell Like Humans and Kill Mosquitoes
There’s an impressive array of creative billboards in Brazil. One in Rio de Janeiro sprays mists of water to cool down beachgoers waiting for a bus home. But a new innovation recently unveiled in this city is plain lethal — at least for bugs.
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- Health Care
- Region
- Latin America
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Opinion: Why … Rio de Janeiro’s 2016 Olympic Games Must Not Proceed
Zika infection is more dangerous, and Brazil’s outbreak more extensive, than scientists reckoned a short time ago. Which leads to a bitter truth: the 2016 Olympic and Paralympic Games must be postponed, moved, or both, as a precautionary concession.
- Categories
- Health Care
- Region
- Latin America
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