Nearly 40,000 people turned out Sunday for the 37th annual Central American parade in Los Angeles’ Westlake District. The event celebrates the culture and independence of seven Central American countries, including Costa Rica, Honduras, Nicaragua, El Salvador and Guatemala.
The Madrid summit witnessed the official closing of trade negotiations between the EU and the Central American countries of Costa Rica, El Salvador, Guatemala, Nicaragua and Panama. Heads of state signed off on the “trade pillar” of the association agreement today. In a joint statement, leaders said that they had achieved “an ambitious, comprehensive and […]
The European Union and Central American states reached an agreement on Tuesday to liberalize trade and cut import tariffs. The European Commission, the EU’s executive in charge of the 27-nation bloc’s trade policy, said the deal would formally be concluded by the EU and Central American heads of states at the summit in Madrid on […]
Nicaragua is the only Central American country that has yet to recognize the government of President Porfirio Lobo. Hope may be on the horizon, however, as Nicaraguan President Daniel Ortega met with President Lobo on April 9th in Managua, and most recently, stated, “We’re convinced it’s necessary to normalize relations.” These words were spoken today […]
Wal-Mart of Mexico has become the top Mexican retailer thanks to sales from their Honduras stores. The company, known as “Walmex”, yesterday announced a 4.4 percent rise in first-quarter same-store sales. Walmex said store sales in locations that have been open for at least 12 months rose 3.1 percent in March. March was the first […]