Masahiro Inoue, the President of Toyota in Latin America, expressed concerns to the local Veja outlet about Brazil’s high cost of cars. Having started working at Toyota in 1987, he was sent to Brazil in 1992 to study the local economy, arriving during a challenging time of hyperinflation, a shock coming from a non-inflationary Japan. […]
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New Central American Bank President to Limit Loans to Nicaragua and El Salvador
Gisela Sánchez, CABEI’s new president, plans to revise lending policies, halting loans to Nicaragua and El Salvador. Historically, Nicaragua and El Salvador, led by criticized governments, received significant funding, raising concerns about CABEI’s direction under Dante Mossi. Sánchez’s initiative aims to balance the portfolio, moving away from Mossi’s controversial policies. She emphasized a need for […]