Latin American bonds are rallying, thanks to commodity prices, low interest rates and Brazil’s recovery even though it is just 18 months since Argentina’s default.
Category: Web Articles
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Central Bankers Need To Be Free
Brazil’s central bank, a bulwark against inflation and nutty government policies, has suffered its first crisis under the new left wing government of Luiz Inácio Lula da Silva. Ilan Goldfajn has quit as head of research, an important job in a central bank with an inflation-targeting monetary policy. His departure scares people who worry that Lula is pressuring the semi-independent central bank into cutting interest rates despite very high inflation.
Posted inWeb Articles
April/May 2003
The next president of Argentina – to be elected in May 2003 – has his work cut out to get the country’s economy off the ground.
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Unspoiled, and Almost Unnoticed
The tourism industry in Trinidad needs investment and promotion.
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A Fragile Piggy Bank
The country’s dependence on energy revenues poses serious risks to its economy.
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A Work in Progress
Trinidad and Tobago wants to establish long-term stability for a prosperous future.
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Celebrating Regional Success
The country’s highly competitive companies is looking beyond the country’s borders for bigger and better opportunities.
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Doing Well, Aiming for More
Trinidad’s banks are building on their success in the local retail market to expand geographically and entering investment banking.
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March 2003
Washington is asleep at the switch while political problems mount in the Andean region, the main source of illegal drug exports to the US.
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Homegrown Giant
Arthur Lok Jack, one of Trinidad’s most successful entrepreneurs, is lending his business expertise to the government for its economic development plan.