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Search resuls for: "Jose Garcia"


5 mentions found


☆ Farmers plant more cocoa outside Africa as prices rally
  + stars: | 2023-10-02 | by ( Marcelo Teixeira | Thomson Reuters | Covers Agricultural Commodities | ) www.reuters.com   time to read: +6 min
Production of the chocolate-making ingredient is expanding outside of the main growing area in West Africa as farmers in places such Brazil, Ecuador and Colombia see potential profit in the crop. The rally in prices to the highest level in nearly 50 years is boosting that trend, which could alleviate the current supply tightness in the global cocoa market. The country was once the second only to Ivory Coast in cocoa production, but a devastating fungus in the 1980's known as Witches' Broom sharply reduced production. "I believe that the new profile of cocoa production will be large-scale," said Moises Schmidt, one of the owners. "If you plant cocoa trees there (Amazon region), it is considered reforestation," said Douglas.
Persons: Schmidt Agricola, Moises Almeida Schmidt, Handout, Moises Schmidt, Jeroen Douglas, Douglas, Jose Garcia, IFAD's, Alvaro Lario, Marcelo Teixeira, Maytaal Angel, Simon Webb, Anna Driver Organizations: REUTERS, International Cocoa Organization, Reuters Graphics, Ivory, UN's, Fund for Agricultural Development, Thomson Locations: Bahia, Brazil, West Africa, Ecuador, Colombia, Africa, South America, Ivory, Ghana, Ivory Coast, Asia, United States, Europe, Guayaquil, Para, Netherlands, Medicilandia, New York, London
☆ The cost of borrowing in Spain is 'the lowest of any of the major economies in Europe,' says Santander CFO
  + stars: | 2023-07-26 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe cost of borrowing in Spain is 'the lowest of any of the major economies in Europe,' says Santander CFOJose Garcia Cantera, CFO of Santander, discusses earnings and explains how borrowing costs in Spain are lower than other European economies.
Persons: Jose Garcia Cantera Organizations: Santander Locations: Spain, Europe
☆ Safety Net Barriers Add to Child Poverty in Immigrant Families
  + stars: | 2023-04-06 | by ( Jason Deparle | ) www.nytimes.com   time to read: +1 min
The prosperous couple were taking their 5-year-old, Gabriel, to Disney World, when they learned that intruders had broken in their house. In a country saturated with political violence, Mr. Garcia, a government computer engineer, had already survived a kidnapping. Ineligible for most aid while waiting, they were afraid to seek it anyway for fear it would harm their case. “I thought it might be illegal,” Mr. Garcia said. Until recently, Mr. Garcia drove for Uber, with net earnings of $20,000 a year.
☆ Santander bets on Europe recovery, customers to lift profits and pay-outs
  + stars: | 2023-02-28 | by ( Jesús Aguado | ) www.reuters.com   time to read: +4 min
Santander has relied in the past on Latin America to cope with tough conditions for lenders in Europe since the financial crisis but banks across Europe are beginning to benefit from higher borrowing costs despite economic uncertainty. The remuneration would be in the form of cash payouts and share buybacks. This would bring Europe, the lender's main contributor to the group's profits, in line with the ROTE target seen for North America. Santander expects its cost of risk, which measures the cost of managing potential losses for the bank, to hover around 100 and 110 basis points in 2025 from an expected 120 bps this year. ($1 = 0.9448 euros)Reporting by Jesús Aguado; additional reporting by Emma Pinedo; editing by Inti Landauro and Emelia Sithole-MatariseOur Standards: The Thomson Reuters Trust Principles.
☆ Here's what the Day of the Dead means, and why it endures
  + stars: | 2022-10-31 | by ( Albinson Linares | Noticias Telemundo | ) www.nbcnews.com   time to read: +10 min
The "Day of the Dead Parade" in Mexico City on Oct. 29, 2022. Claudio Cruz / AFP - Getty Images"In Mexico, Nov. 1 and 2 are very special days because they celebrate All Saints’ Day and All Souls’ Day, respectively," said Diana Martínez, an academic at the Institute of Anthropological Research at the National Autonomous University of Mexico, or UNAM. By the 13th century, the Roman Catholic Church established Nov. 1 as All Saints’ Day. People take part in the "Day of the Dead Parade" in Mexico City on Oct. 29, 2022. He's worked at the cemetery from a very young age and has witnessed many Día de los Muertos celebrations.
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