Despite decades of internal conflict and drug related security challenges.” (CIA.gov/Colombia). The results have been positive with fair elections, protection for the people, and a strong government. Colombia’s economy face the highest unemployment rate in Latin America statistically reported by cia.org, at 10.3% in 2012. Colombia's economic policies involving the free trade agreements make it easy for Ravi and Keith to have flow of goods imported and exported. “Economic development is stymied by inadequate infrastructure, weakened further by recent flooding.” (cia.gov/Colombia).
Lead by President Ollanta Humala, the country is led by a unitary state and a constitutional republic. Also, the Peruvian people for many years have been highly collectivist with a score of 16 on the collectivism versus individualism scale. With a unitary form of government, Peru has a relatively stable political and economic system. Annual growth of GDP, a growing infrastructure, and poverty reduction have all led to stable Peru. According to a 2011 study, GDP growth had risen to 6.9%, and mining investments rose over 67%.
Over the last 2 years, Apache had made unusual number of acquisition in 2000 and financed $3.7B worth of acquisitions. The firm’s adopted the approach of increasing production through acquisitions when oil price are high via hedging, financial flexibility (credit line, relatively low debt ratio). Risks that Apache is currently exposed to include: Systematic Risk in their operations – Insecurity arising from daily operating activities, such as product delivery and oil drilling; finances activities (bonds and shares issuance). Systemic Risk of the oil & gas industry – field age (maturity vs virgin fields), technological
Troy Zimmerman 11/13/12 Period 3 IB HOTA Latin American analysis Simon Bolivar and Benardo O’Higgins were similar, but also different in leading their individual parts of the Latin American revolution. Simon Bolivar was a political leader as well as a military leader. Bolivar was a diplomat he was president of Peru and Colombia., but at age 28 he left politics behind and joined the army (“Simon Bolivar.” Biography True Story. Bio. 2012.
It is home to the worlds largest rainforest and river, the Amazon; the highest waterfall, Angel Falls; the longest mountain range, the Andes Mountains; the driest place on the planet, the Atacama Desert; the highest capitol city, La Paz Bolivia; and the most southern city in the world, Puerto Toro, Chile. The landscape is a diverse plethora of vegetation that supplies many sources of food and medicines. It is also home to indigenous people and unknown tribes that still live in the Amazon Rainforest. History of the People and the Food. Before the Spanish explorers came to the Americas around the 16th century, there were existing thriving civilizations.
The country is a mixture of Republican, Democratic and Constitutional. Guatemala declared its Independence from Spain and its incorporation into the Mexican Empire on September 15th, 1821. The region was formally owned to New Spain during the colonial period but as time went by it as administered separately. Guatemala has a government that is like ours, in America. They have a President, Álvaro Colom Caballero and a Vice President, Rafael Espada just like our country has Barack Obama and Joe Biden.
Background Ancient Peru was the seat of several prominent Andean civilizations, most notably that of the Incas whose empire was captured by the Spanish conquistadors in 1533. Peruvian independence was declared in 1821, and remaining Spanish forces were defeated in 1824. Peru is located in western South America, bordering the South Pacific Ocean, between Chile and Ecuador and the climate varies from tropical in the east, to dry desert in the west, temperate to frigid in the Andes Mountains. Demographics Peru is a multiethnic country formed by different groups over five centuries. Amerindians inhabited Peruvian territory for several millennia before the Spanish Conquest of the 16th century; according to historian David N. Cook their population decreased from nearly 5–9 million in the 1520s to around 600,000 in 1620 mainly because of infectious diseases.
Over the last fifteen years the political stability allowed Honduras to expand into areas such as tourism, apparel, manufacturing, and shrimp farming. The apparel industry has employed 130,000 Hondurans over the last fifteen years. The natural resources of Honduras have great potential; however, in order for them to contribute to the country’s wealth it is important they be managed with care. Tourism could be a potential source of income for Honduras because of the public and private investment (“This is Honduras”). Unfortunately, the country
El Salvador officially the Republic of El Salvador (Spanish:República de El Salvador, is the smallest country in Central America. The country's capital city and largest city is San Salvador. El Salvador borders the Pacific Ocean on the south, and the countries of Guatemala to the west andHonduras to the north and east. Its easternmost region lies on the coast of theGulf of Fonseca, opposite Nicaragua. As of 2013, El Salvador had a population of approximately 6.29 million, By 1525 the Spanish Empire had conquered the territory, incorporating it into the colony of New Spain up until 1821 when it achieved independence as part of the Federal Republic of Central America.