Newsmakers : Paraguay Joins The Leftist Club

PARAGUAY     Lugo: Promising to improve Paraguay's international standing. Paraguayan president-elect Fernando Lugo, a former Catholic bishop, is the newest member of Latin America’s growing list of left-wing leaders. He faces serious challenges in a country that, until his ...

Newsmakers : In The Hot Seat

ARGENTINA   Fernandez: His appointment unsettled financial markets. As he slips into the seat occupied by four others in less than a year, Argentina’s new economy minister, Carlos Fernandez, faces the unenviable task of restoring confidence in his government’s economic ...

Milestones : Peru Makes The Grade

PERU     Peru's president Alan Garcia: Fiscal policies led to upgrade. While analysts debated whether Brazil or Panama would win the race to become the next Latin American investment-grade-rated country, Peru beat both countries to the finish line. Citing ...

Emerging Markets : Net Benfits

Brazil             President Lula: Basking in Brazil's new net creditor status.   After holding its ranking as the world’s largest emerging markets debtor for several decades, Brazil in January became a net foreign creditor for ...

Cover Story : Continental Shift

LATIN AMERICA REGIONAL REPORT Latin American governments’ attempts to gain more control over their countries’ economic fortunes are having far-reaching effects on international corporations doing business in the region.       Left in charge: Brazilian president Lula da Silva ...

Cover Story : Mexico

MEXICO Mexico’s recent economic progress could be derailed by turmoil in the US economy and the outcome of the US presidential election.     High aspirations: Mexico is hoping its economy can resist a US downturn.     The last ...

Milestones : Lima Launches Rmbs Market

Peru     Lessons learned? Investors will be looking closely at the assets behind Peru’s mortgage-backed securities. While most global markets are seeking to shield themselves from shockwaves emanating from the US subprime home loan and residential mortgage-backed securities (RMBS) ...

Emerging Markets : Mind The Gap

Brazil       Mantega: Hiking other taxes will make up for shortfall.       With Brazilian legislators scrapping the country’s financial transactions tax (CPMF) in December, the government says it must now plug a 40 billion real ($22 ...