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The international financial markets have warmed to
Brazilian President-elect Lula’s statement-like pronouncements. But he must impose unpopular austerity measures to keep investors satisfied.
Trinidad and Tobago?s embryonic capital markets could
get a much-needed boost, now that the country?s 11-month political stalemate is over.
Pemex, Mexico’s national energy company, earns billions of dollars a year. But that prodigious wealth is vanishing
because the government has failed to feed its exploration
budget.
Argentina’s financial crisis has affected the region’s
markets far more deeply than many expected. It has changed the way investors and banks approach risk in Latin America.
A 123-year-old Peruvian brewer has become the prize in
a fight to dominate the region’s beer market. The battle involves some of South America’s most powerful families.
Gonzalo Sánchez de Lozada is leading the country again
and his main goal is to rescue Bolivia from a debilitating
four-year recession.
Following an overwhelming victory, Brazil’s President-elect Luiz Inácio Lula da Silva now must show investors he can control spending and inflation, and continue to pay the
country’s debts.
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