Latin America

MILESTONES: MEXICO   By Antonio Guerrero   Mexico’s financing needs taken care of with century bond Mexico may have set the stage for a stampede in October when it successfully issued Latin America's first-ever sovereign century bond, a $1 billion, ...

ROUNDUP   By Antonio Guerrero   Brazil lights up at the prospect of increased foreign investment Sinopec, China's second-largest oil and gas producer, is investing $7.1 billion in the Brazilian unit of Spain's Repsol YPF oil company. The capital increase, ...

SECOND ACT   By Antonio Guerrero   In his second term, Peru’s president Alan Garcia is making amends for the shambles he left his country in after his first term.   Peruvian president Alan Garcia is leading one of the ...

CAN NAFTA FILL THE GAP?   For gaps in Nafta to be plugged, it may take smaller bilateral agreements rather than wide-ranging change to the original FTA.   By Denise Bedell   Renegotiating Nafta: (from left to right) US president ...

MEXICO'S NEXT WAVE   Although it was hit hard by the downturn in the US, Mexico is setting a course for a strong recovery. Its banks are helping to stimulate renewed growth.   By Antonio Guerrero   Long controlled by ...

Roundup   By Antonio Guerrero   Brazil’s leading ethanol processor seals deal with Shell Brazil's Cosan, the world's largest ethanol and sugar processor, and Royal Dutch Shell are merging their Brazilian operations in a deal valued at $12 billion. Under ...

EM REGIONAL BANKING FOCUS: LATIN AMERICA   By Denise Bedell   Latin America is a hotbed of growth, presenting a wealth of opportunities for domestic and international banks.     With some of the highest growth rates seen anywhere worldwide ...

  EMERGING MARKETS INVESTOR: COMPANY TO WATCH By Gordon Platt   Viña Concho y Toro, the largest wine exporter in Chile, recently signed a global marketing agreement with Manchester United Football Club in England—although maybe it should have signed with ...

ROARING BACK TO LIFE   Latin America has shown its strength over the past year and is reaping the benefits of that now, with increasing FDI flows, diversified trading partners and debt markets that are heating up.   By Denise ...

Venezuela   By Antonio Guerrero   Chávez: Economic troubles are turning his dreams into a nightmare Venezuelan president Hugo Chávez's dream of spreading his "21st century socialism" throughout Latin America could be halted by a troubled economy. After he spent ...

ROUNDUP   By Antonio Guerrero   With Brazil's economy expected to grow at around 7% this year and borrowing costs declining, Brazilian companies are seeking financing for their expansion plans. MMX, a leading metals and mining company, hopes to raise ...

Investor: Company to watch   By Gordon Platt   LLX Logística was created in 2007 by Eike Batista-controlled EBX Group to build three large private ports serving southeastern Brazil, a region that accounts for more than 75% of the country’s ...

Costa Rica   By Dan Keeler   All smiles: Chinchilla celebrates with supporters Laura Chinchilla, a former vice president and justice minister, is set to become Costa Rica's first female president after winning the country's early February election with a ...

Emerging Markets Investor: Company To Watch   By Gordon Platt   Cementos Argos, the leader in the Colombian cement industry, with a 51% market share, is benefiting from growing construction activity in its home market and a healthy backlog of ...

PLAY ON   By Antonio Guerrero   Brazil is betting that its huge investment in infrastructure projects for the 2014 Soccer World Cup and the 2016 Olympics will provide long-term benefits to the country.   Just six weeks after Rio ...

ROUNDUP   By Antonio Guerrero   Flying high: Embraer sees rise in order backlog Spain’s Telefónica agreed to buy Portugal Telecom’s stake in Vivo, Brazil’s largest mobile-telephony provider, for $9.8 billion. With 56 million clients, Vivo has an estimated 30% ...

GLOBAL FINANCE names the World’s Safest Banks 2010 in Latin America   NEW YORK, August 30, 2010 — Global Finance magazine (www.gfmag.com) has named the top 5 “Safest Banks in Latin America” in an exclusive survey to be published in ...

Global Finance names the World's Best Internet Banks in Latin America 2010 NEW YORK, July 26, 2010 – Global Finance has announced the First Round winners in the "World's Best Internet Banks" competition in Latin America. This is the 11th ...

ROUNDUP   By Antonio Guerrero   Petrobras, Brazil’s state-controlled oil company, is planning a $25 billion rights issue—one of the largest in history. The company hired Bank of America Merrill Lynch, Bradesco BBI, Citigroup, Itau BBA, Morgan Stanley and Banco ...

NEWSMAKERS: COLOMBIA   By Antonio Guerrero   Juan Manuel Santos Colombians have reaffirmed their support for conservative politics and economics, electing the newest member of a growing group of right-wing Latin American leaders. President-elect Juan Manuel Santos won the run-off ...