Venezuela’s external debt is variously estimated between $120 billion and $143 billion, including as much as $63 billion of foreign bonds.
Brazil's healthy food and drinks market, now the sixth biggest in the world, is becoming a magnet for global food giants like Nestle and Unilever.
Enrique Marshall, Chairman, Banco del Estado de Chile, winner of the Safest Bank in Latin America award 2017, spoke with Global Finance magazine editor Andrea Fiano about what he thinks of Chile's economy and the banking ecosystem in the country.
ManuelJesus Bautista, Governor, Central Bank of Honduras won an “A” grade in Global Finance’s annual Central Banker Report Cards 2017. He spoke with magazine editor Andrea Fiano about the growth prospects for Honduras' economy and how the country could see an increased rate of inflation for 2017.
As Latin America’s laggards recover, growth is trending toward a regional norm of slow but steady.
Carlos Fernandéz Valdovinos, governor of the central bank of Paraguay, was among the world’s top central bankers in Global Finance Magazine’s annual Central Banker Report Cards. Here, he talks with GFMag editor Andrea Fiano about how recovery in big neighboring economies is giving the Paraguayan economy a lift, and the need for reforms to continue.
Ilan Goldfajn, governor, central bank of Brazil, one of the top-rated governors in Global Finance’s annual Central Banker Report Cards, talks with Magazine editor Andrea Fiano about the progress of reforms in Brazil and how it has impacted the country and the region politically as well as economically.
The country recorded a GDP growth of 2.7% for the second quarter of 2017 after almost two years of negative growth.
The bank's CEO Jose Marcos Ramirez Miguel sees less risk now from revising the regional trade deal, even a "very positive impact" on Mexico's economy.
After more than seven years at the head of Bank of Mexico, Agustín Carstens, 59, leaves a country “more resilient,” he tells Global Finance Magazine, as he moves to a new post at the Bank for International Settlements. With the Americas at risk from rising protectionism, Carstens emphasizes the benefits of NAFTA. It’s better, he says, to tackle directly the negative impacts of globalization than to push back against widely beneficial economic integration.
The bank's chief economist Rodrigo Aravena sees more growth for the country and the region although economic risks remain.
These are the ratings for central bank governors for the Americas region in 2017.
With the state-owned National Bank for Economic and Social Development ending its subsidized credit lending practice in Brazil, state and private retail banks will have to step in to support the long-term credit market unlike at present.
With a growing budget deficit, Brazil is struggling to climb out of recession and become globally competitive.
Peru is expected to invest $1.5 billion in infrastructure for the games, including sporting facilities required by the International Olympic Committee (IOC) and at least 16 projects to improve chaotic traffic in the capital.
Emerging markets took 9% of the global total of $240 billion invested by private capital funds during the the first half of 2017, the highest share since before emerging markets’ sudden fall from grace in 2011.
Venezuela’s state-owned oil company is struggling to make bond payments, and could put US oil company Citgo up for sale to Russia’s Rosneft.
With Latin growth poised to accelerate, Santander is positioned to benefit from improved growth and stability, says Antonio Cortina, deputy director of economic research