Arminio Fraga Fraga Accepts LatinFinance Man of the Year Award At a well-attended party in Fortaleza, Brazil during the March annual meeting of the Inter-American Development Bank, the governor of […]
Category: 2002
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Pushing Productive Investment
Nicholas Brady believes it is possible to bring positive change to Latin America with democratic political systems,
market-oriented economies and the rule of law. After many years, he remains a booster of investment in the region.
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Shooting the Rapids
Political risk insurance on Latin American bonds is a relatively new ? and untested ? product. With volatility roiling the region, such bonds are facing their first test and the outcome remains uncertain for investors.
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Soverign Report
Brazil Floats Dollar and Euro Issues Shortly after Moody’s Investors Service upgraded Brazil’s foreign currency rating outlook to positive from stable in March, the country issued $1.25 billion-worth of six-year […]
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A Country Crashed and Burned
With the Argentine economy quickly crumbling and the rules changing with such bewildering speed, little is certain in the debt negotiations of local companies and their creditors.
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Testing the System
Several countries in Latin America have modernized their corporate bankruptcy proceedings. But it is not yet clear the extent to which the reforms have established the flexibility needed to resolve complex default cases.
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A Dearth of Data and Depth
Investors lately have embraced bonds issues from some of Latin America?s smaller sovereign issuers. But scant research, plunging underwriting fees and smaller issue sizes could be doing issuers and investors a disservice.
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The War on Poverty Revisited
After 50 years and $1 trillion in public aid funneled to the world’s poorest countries, it’s become painfully clear that no one on Earth has figured out how to combat […]
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An Inconsistent Response
Caribbean nations with substantial offshore financial sectors have not responded uniformly to international efforts to crack down on money laundering and tax evasion.
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An Intercontinental Mix
Cemex, the Mexican cement company, is a global player that has acquired competitors on five continents. But the markets are carefully watching Cemex?s Asian expansion, worried that it might now be overextending itself.