Latin America

INVESTMENT SPREE FOR FIFA WORLD CUP AND OLYMPICS   By Antonio Guerrero   Brazil is preparing for a major investment spree ahead of the 2014 FIFA World Cup and 2016 Olympic Games.   Brazil prepares for FIFA World Cup 2014 Brazil’s ...

Global Finance ranks the 50 Biggest Banks China Breaks Into The Top 10 NEW YORK, September 7, 2011— Global Finance reveals its annual ranking of the World’s 50 Biggest Banks , as measured by total assets. The world’s biggest banks ...

BEATING BUREAUCRACY AND TAXES   By Anita Hawser   With Brazil now firmly on the map as global economic power, treasuries want to include it in their global cash solutions. But many regulatory, legal and taxation issues still obstruct that ...

TAX BREAK PLAN TO PROVIDE RELIEF FOR MANUFACTURERS   By Antonio Guerrero   The Brazilian government unveiled a $25 billion plan to provide relief to domestic producers.   Tax breaks to help beleaguered Brazilian manufacturers Responding to concerns from local ...

Global Finance names the World’s Best Global Banks 2011 NEW YORK, August 22, 2011 – Global Finance magazine (GFmag.com) has announced its World’s Best Banks 2011 Awards. The annual listing includes the best bank worldwide for corporate, consumer and private ...

Global Finance names the World’s 50 Safest Banks 2011 NEW YORK, August 18, 2011 – Bank stability is an ever-more pressing concern for the world’s corporations and investors. It is within this context that Global Finance announces it’s 20th Annual ...

Global Finance names the World’s Safest Banks 2011 in Latin America NEW YORK, August 18, 2011 — Global Finance magazine (GFmag.com) has named the Safest Banks in Latin America in an exclusive survey to be published in the October 2011 ...

Global Finance names the World’s Best Internet Banks in Latin America 2011 NEW YORK, July 22, 2011 – Global Finance has announced the First Round winners in the “World’s Best Internet Banks” competition in Latin America. This is the 12th ...

NEWSMAKERS: PERU   By Antonio Guerrero   Humala: Investors’ friend? The election of leftist leader Ollanta Humala as president of Peru after a June run-off has unleashed concerns among the business leaders who feel the former coup-plotter may impose radical ...

EMERGING MARKETS ROUNDUP: BRAZIL   by Antonio Guerrero   Brazilian companies take flight Board members at Petrobras, the Brazilian state oil company, are calling on the company to tame costs linked to its $224 billion 2011-2015 spending plan. The investment ...

LATIN AMERICAN RETAILER PLANS $2 BILLION SHOPPING SPREE   By Gordon Platt   Santiago, Chile–based Cencosud, the largest retailer in Chile by sales and the third biggest in Latin America, plans to issue up to $2 billion of new shares ...

MILESTONES: LATIN AMERICA   By Antonio Guerrero   While Latin America led the world in FDI growth last year, the region’s companies also forged ahead with an aggressive international expansion drive.   Drive thru: Latin America buys up US brand ...

SPENDING BOOST PLANNED TO LIFT OIL OUTPUT   By Antonio Guerrero   Brazil’s Petrobras state-controlled oil company plans to more than double its investments to develop the country’s pre-salt offshore oil fields through 2015.   Petrobras to accelerate output from ...

NEWSMAKERS: HAITI   By Antonio Guerrero   Haiti’s president Michel Martelly, who took office on May 14, has the unenviable task of rebuilding Haiti after the January 2010 earthquake that killed nearly 300,000 and left some one million people homeless. ...

LATIN AMERICA Building On Solid Foundations   Few financial systems around the world have recovered from the 2008 global economic downturn as quickly as Latin America’s, with lessons learned from previous crises—both foreign and domestic—serving them well. Having financed their ...

Brazil Ups Taxes On Sugar To Boost Ethanol Output   By Antonio Guerrero   The US Export-Import Bank announced a $3 billion credit line for Brazil to purchase goods and services from US providers.   Sweet deal: Brazil’s sugar mills ...

COMPANY TO WATCH: VALE/BRAZIL   By Gordon Platt   Rio de Janeiro–based mining company Vale, the world’s largest producer of iron ore, is profiting from growing demand for steel as the global economy recovers.The company’s earnings rose 222% last year ...

  NEWSMAKERS : COLOMBIA   By Antonio Guerrero Less than a year after being sworn in, Colombia’s president Juan Manuel Santos is helping put his country back on the radar for investors scared away by guerrilla rebels and drug lords. ...

Global Finance Announces Best Banks by Region 2011 NEW YORK, April 8, 2011 – Global Finance magazine has announced its annual awards for the World’s Best Banks in Developed and Emerging Markets. For the first time, the selections will be ...

MILESTONES: MERCOSUR   By Antonio Guerrero   The Southern Cone Common Market (Mercosur) is celebrating its 20th anniversary this year.   Argentine beef exports could threaten Europe's farmer The world’s third largest trade bloc, after the EU and Nafta, comprises ...