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
El Nino storms have caused Peru more than $12 billion in damage, and are expected to shave a full percentage point off the country’s GDP this year.
Famously fit Fabio Schvartsman faces environmnetal, financial and market challenges as newly appointed CEO of Brazilian iron-ore maker Vale.
With asset prices low while fundamentals are improving, Latin American economies are poised for a rebound.
A positive macroeconomic outlook and a sharp decline asset prices are once again making Brazilian investments attractive for large international private equity firms, which are cautiously returning after three years of economic crisis.
Ratified by more than 110 of 164 member countries, the Trade Facilitation Agreement (TFA) has gone into force, launching “a new phase for trade facilitation reforms all over the world,” according to the WTO.
Paraguay has emerged from the shadows of its larger neighbors Brazil and Argentina to become the “little China” of South America. Its against-the-odds economic success story is sustained by an investment-friendly climate and strong fiscal discipline.
New mayor of São Paolo João Doria, a businessman, plans to sell the racing circuit of Interlagos and the operation of Pacaembu soccer stadium.
António Guterres, the former prime minister of Portugal and UN high commissioner for refugees, took over on January 1 for a five-year term as the United Nations secretary general. The fact that Guterres ran a major UN agency during a global refugee crisis would help him to focus on ways to better integrate the various UN operations and to partner with other institutions.
With alternative lending on the rise, Brazil seeks to establish new and reliable sources of financial information.
Columbian voters stunned observers on October 2 by rejecting the peace deal between the government of president Juan Manuel Santos and the guerrilla group Revolutionary Armed Forces of Colombia (FARC), despite a 52-year civil war that has claimed approximately 220,000 ...
The Felaban Annual Assembly in Buenos Aires in November is expected to be one of the biggest networking events of the year for international bankers.
Foreign-currency bonds offer Argentina needed resources but come with heavy risks.
Latin American nations seeking fiscal fixes encounter a wide variety of factors beyond their control.
CREDIT LINE | On a visit to Argentina in August, Citi CEO Michael Corbat met with the country’s pro-market president, Mauricio Macri, and announced a $3.5 billion line of credit for the bank’s 1,300 corporate and institutional clients in the country.