Brazilian companies are facing a credit crunch. International loans are extremely hazardous and renewing maturing loans is almost impossible.
Category: Web Articles
Posted inWeb Articles
Banking Through the Crises
Brazilian banks are a hardy bunch, tough enough to withstand the current crisis. It’s the foreigners who are starting to bail out.
Posted inWeb Articles
Buildin a Better Base
Globo dominates Brazilian media but the company’s wide reach has stretched its capital structure too far. Now the company has a new financing plan.
Posted inWeb Articles
Corporate Law Comes of Age
Brazil’s new Civil Code includes rules that modernize the country’s corporate law and should facilitate increasingly complex business transactions.
Posted inWeb Articles
Keeping the Financial Faith
Armínio Fraga, Brazil’s central bank president, believes Brazil can achieve an investment grade debt rating in less than three years.
Posted inWeb Articles
Passing on Politics
Uncertainty over Brazil’s upcoming presidential election has the financial markets reeling. Whoever wins will have to work to bring Brazil back from the brink.
Posted inWeb Articles
Pouncing on Perez
The markets are concerned over Petrobras’s purchase of Pérez Companc. But Petrobras’s president says the deal’s potential rewards far outweigh the risks.
Posted inWeb Articles
Good Money After Bad
The International Monetary Fund stared into the abyss and drew back from the precipice. By agreeing to lend Brazil $30 billion it has probably ensured a smooth presidential election in […]
Posted inWeb Articles
Ironing Out Ups and Downs
Venezuela’s economy has always risen and fallen with the price of oil. But pressure from President Chávez and a new investment law are creating further challenges.
Posted inWeb Articles
Keeping Damage to a Minimum
Venezuela’s financial services industry is remarkably solid and profitable. But bankers are worried about the effect of unemployment, inflation and recession on their institutions.