25 de septiembre de 2020
ÚLTIMAS NOTICIAS:
Hispanic World

LatAm seeking non-traditional methods for managing data traffic

By Giovanna Ferullo

 The vice president for infrastructure at the CAF-Development Bank for Latin America, Antonio Silveira, participates on Dec. 2, 2019, at a business seminar in Panama City, Panama, to discuss providing infrastructure to enable Latin America to improve its data traffic management, a project that will require $160 billion in investment in the coming years. EFE-EPA/Bienvenido Velasco

The vice president for infrastructure at the CAF-Development Bank for Latin America, Antonio Silveira, participates on Dec. 2, 2019, at a business seminar in Panama City, Panama, to discuss providing infrastructure to enable Latin America to improve its data traffic management, a project that will require $160 billion in investment in the coming years. EFE-EPA/Bienvenido Velasco

By Giovanna Ferullo

Panama City, Dec 2 (efe-epa).- A digital hub in Panama and an undersea cable from Chile to China are projects that are designed to open up non-traditional routes for data flow in Latin America, a region that in the coming decade will require an investment of at least $160 billion to overcome its relative lag in the digitalization sector.

"There's a big need for investment in digital infrastructure in the region. We're about 40 percent behind in relation to the developed countries," the vice president for infrastructure at the CAF-Development Bank of Latin America, Antonio Silveira, told EFE on Monday.

The general aim is to develop the so-called digital ecosystem, which joins infrastructure with all the software networks, regulations and incentives for online entrepreneurship in the countries of the region, the executive said.

As part of the efforts to develop Latin America's online ecosystem, CAF is working on projects for a "digital hub" in Panama.

"Today, we're completing a study for the installation of a digital hub in Panama, which is going to be the first in Latin America and is very important because it's through here that the data traffic will flow and not Miami or Europe, like happens now," he said.

According to the study, which cost some $400,000, according to Silveira, the amount of investment needed to set up this digital hub in Panama "isn't very much."

"Soon, we'll have a series of meetings precisely to tally the amount of investment (needed) for this. We already have interest from the private sector and the public sector. There's a convergence of interests in this," he said.

Silveira emphasized that one of the impacts of the digital hub for Panama will be that "the cost of interconnectedness should fall a great deal. The figure we have is between 20 percent and 30 percent savings in the interconnectedness of data."

"And the important thing is that the data are starting to move through the region and not just outside the region," he added.

CAF also is financing "studies for an interconnection cable between South America and Asia that would run from Chile to China," he said.

The undersea cable "is also going to allow data traffic outside the traditional routes, which are Europe and the United States. This is very important for the (Latin American) region," Silveira said.

Developing this digital ecosystem "is central for development," said Silveira, who has a doctorate in economics from the Federal University in Rio de Janeiro.

"What's happening now with artificial intelligence, with the whole evolution of digital technology, is that if we don't have the possibility of incorporating this into our lives, we're going to slip backwards and it's going to create very pronounced inequality," he said.

Although a large part of the investment of $160 billion will come from private industry, "the state has to provide ... an environment that allows innovation, that incentivizes entrepreneurship and provides ... training to have access to this issue, which is so important for development," he added.

Silveira is in Panama City to participate in the seminar titled "Government and digital infrastructure for regional integration" organized by CAF within the framework of the multilateral organization's 50th anniversary.

Histórico de noticias
Congress delegation to inspect ICE detention center on unwanted surgeries

Atlanta, Sep 24 (efe-epa).- A US congressional delegation on the weekend will inspect the Irwin County Detention Center in southern Georgia to investigate...

Costa Rica increasing its protected ocean territory

By Maria Jose Brenes

Trump booed while paying respects before Ginsburg's casket at Supreme Court

Washington, Sep 24 (efe-epa).- A large crowd loudly booed President Donald Trump on Thursday during his visit to the Supreme Court, where the late Justice...

Why Brazil's Pantanal is having the worst fires in recent decades

By Carlos Meneses Sanchez

Trump: November election result will end up in Supreme Court

Washington, Sep 23 (efe-epa).- President Donald Trump said Wednesday that he believes the result of the November presidential election will end up in the...

US begins test of Covid-19 vaccine with 60,000 volunteers

Washington, Sep 23 (efe-epa).- Janssen Pharmaceutica, owned by US multinational Johnson & Johnson, on Wednesday launched one of the world's largest tests of...

Trump prohibits Americans from staying in 400-plus hotels in Cuba

Washington, Sep 23 (efe-epa).- President Donald Trump on Wednesday announced new sanctions against Cuba, prohibiting Americans from staying in hotels on the...

Migrant who reported sterilization at US detention center released

Atlanta, Sep 23 (efe-epa).- Pauline Binam, one of the immigrants who complained that they had been sterilized against their will at a migrant detention...

Debate about high court vacancy heats up US election climate

By Laura Barros

Trump registered his trademark in 2008 in Cuba to build hotels, casinos

Miami, Sep 22 (efe-epa).- President Donald Trump registered his business trademark in Cuba in 2008 with an eye toward building hotels, casinos and golf...

Typed draft of Neruda sonnet found

Santiago, Sep 22 (efe-epa).- A preliminary typewritten and signed version of Chilean poet Pablo Neruda's 1965 sonnet "Sangre de Toro" (Blood of the Bull)...

UN celebrates 75th anniversary with lackluster summit amid problems

By Mario Villar

Trump insists he'll fill Supreme Court vacancy, despite nearness of election

Washington, Sep 21 (efe-epa).- President Donald Trump insisted on Monday that he will quickly replace the late Supreme Court Justice Ruth Bader Ginsburg...

"Ultra-Hot Neptune," new exoplanet 260 light years from Earth

Santiago, Sep 21 (efe-epa).- An investigation headed by Chilean scientists has discovered the first so-called "Ultra-Hot Neptune," a type of exoplanet...

Brazilian government calls for halt to "Cuties" screenings, Netflix probe

Rio de Janeiro, Sep 21 (efe-epa).- The Jair Bolsonaro administration on Monday called for a halt to local screenings of the French film "Mignonnes"...

DeChambeau scores decisive win in US Open

Mamaroneck, New York, Sep 20 (efe-epa).- US golfer Bryson DeChambeau won his first major tourney on Sunday in decisive fashion, sweeping to victory in the...

Colombian police receiving yoga workshops to manage emotions on the job

By Jeimmy Paola Sierra

Gasoline shortage in Venezuela, new weapon in ongoing political fight

By Ron Gonzalez

At least 17 migrant women subjected to unnecessary surgeries at US detention center

Atlanta, Sep 16 (efe-epa).- At least 17 women were subjected to unnecessary surgeries, including hysterectomies, at a migrant detention center in Georgia, a...

Firefighters continue battling blazes across California

By Alex Segura Lozano

Six months of quarantine, an eternity in Venezuela

By Sabela Bello

After court reversal, TPS beneficiaries seek to be heard in US

By Luis Uribe

Apple unveils all-new iPad Air with advanced chip, but holds off on iPhone

By Marc Arcas

Authorities concerned over forest fire near Los Angeles

By Alex Segura Lozano