Category: Web Articles

Ill-fated Aerolineas Argentinas falls to earth.
The privatized flag carrier is losing more than a $1 million a day. SEPI, the Spanish government agency that took over the airline from state-owned Iberia, is looking for a buyer.

Domingo Cavallo takes over as economy minister of Argentina as the government struggles to rebuild credibility and stave off default. Cavallo’s magic seems to work and investors gradually begin to regain confidence in Argentina.

It’s a big deal when a Latin American company acquires a US or European firm, even more so when it represents the biggest acquisition ever by a company from the […]

Last year, the World Bank became the first foreign issuer to launch a bond in Mexican pesos. The bank’s 1 billion peso ($106 million), three-year euronote helped Mexico raise international […]

Now that free market reforms have failed to deliver widespread prosperity, the return of political instability, dormant in Latin America for most of the last decade, creates a new and unwelcome source of risk.

Several countires in Latin American adopt the US dollar in a last-ditch effort to stop inflation and economic instability.

Last year saw a burst of activity in Latin America’s new issues market after three slow years, with activity concentrated mainly in the region’s two largest and strongest economies – […]

Latin America’s battered economies emerge from a
downturn, but are about to be swamped by recession
in the US.

In an active year for Latin American bank sales, it’s no surprise that Banco Santander Central Hispano’s $3.55 billion purchase of Banespa, the former São Paulo state bank, takes our […]