The Latin American telecom industry took a heavy beating last year. As elsewhere around the world, the sector is stuck with billions of dollars of debt, depressed share prices and […]
Category: 2002
Posted inMagazine
Once and Future Euro Debt
Europe should represent a fantastic new opportunity for Latin American debt issuers, with the advent of a single currency and its increasingly integrated capital markets. However, the chaos in Argentina […]
Posted inMagazine
Brazil’s Banks Are the Best
Three of Latin America’s five best-performing banks in 2001 are Brazilian-owned. Banco Itaú of Brazil is by far the most profitable big bank in Latin America, scoring a 34% return […]
Posted inMagazine
Only One Winner
The Mexico City Stock Exchange’s IPyC share price index is the only one to have performed reasonably well over the last five years. It is nearly 70% above where it […]
Posted inMagazine
CCR Braves the Equity Waters
The world’s equity markets have been shaken to the core in the last couple of years. The dot-com meltdown and high-profile bankruptcies have raised serious questions about market transparency. It […]
Posted inMagazine
Private Sector Takes Up the Slack
The outlook for capital flows to Latin America is moderately encouraging. According to forecasts by Washington’s Institute of International Finance, flows from the official sector – which includes organizations like […]
Posted inMagazine
Comfortable But Not Complacent
Armínio Fraga is a native of Rio de Janeiro and spends two days a week in his hometown to escape the confines of Brasília and to take the market’s pulse. […]
Posted inMagazine
Disintegration of Trust
Confidence in Argentina’s government, the judiciary, the currency and the banking system has collapsed. The public sector, banks, companies and individuals are nearly all bankrupt. Employment is becoming even scarcer; […]
Posted inMagazine
Eyeing a Growing Market
Financiers agree that local fixed income markets in Latin America offer good potential for growth. Large commercial banks with big balance sheets are striving to make inroads in the region’s […]
Posted inMagazine
Getting an Unexpected Boost
Jamaica’s economy was just beginning to enjoy a renaissance when a bout of political violence last July that left 25 people dead was followed by the disastrous drop in tourism […]