Secondary market trading volumes in emerging market debt recovered in the first quarter of 2000 to reach $749 billion, the Emerging Market Traders Association reported. This was the highest volume […]
Category: 2000
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Light Out in Sao Paulo
In spite of the best efforts by the Brazilian authorities, another group of foreign-controlled privatized companies has taken their São Paulo-listed subsidiaries private. Eletropaulo Metropolitana, Brazil’s largest power distributor that […]
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The Credibility Conundrum
Ecuador’s finance minister and chief debt negotiator admits that foreign creditors have reason to doubt the country’s integrity. But Jorge Guzmán says radical economic changes can restore faith.
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Brazilian Gas Deal
Gas Natural, owned by Spain’s Repsol-YPF, has said it will pay $297 million to build from scratch and operate, a natural gas concession in São Paulo, Brazil’s richest and most […]
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Losing Altitude in Brazil
After a year of losses and liquidity problems for Brazil’s major airlines, it’s unlikely they will all survive an overcrowded market and a shortage of passengers.
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Value Padded
Graham Makohoniuk, Globalvest Management’s tech skeptic, dissects the logic behind Latin Internet stock valuations and finds it seriously flawed.
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Cellular Revenues
Cellular phone revenue growth in Latin America has increased impressively during the last five years, but the growth curve seems likely to decelerate in the next four years. Economists at […]
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Mergers & Acquisitions
The size and quantity of mergers and acquisitions in Latin America over the past decade surged in the late, driven by Brazil’s telecom privatizations in 1998 […]
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Chilean Central Bank Renews Forex Restrictions
Chile’s central bank announced in April that it would renew for another year its longstanding foreign exchange restrictions intended to insulate the country’s financial system from excessive short-term foreign capital […]
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Mexican Money Supply
Mexico’s central bank has won an outstanding reputation for executing sound monetary policy. Rarely has the central bank’s monetary expansion deviated from the path it has laid out each year. […]