Latin American countries can reap the rewards of high commodity prices by turning finite resources into renewable financial investments.
Category: 2005
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Selling Perfumes in Paris
Expanding internationally has become a necessity, not a luxury, for big companies. They need to tackle difficult global markets in a hunt for growth and scale.
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Caribbean Dreams
Venezuela’s Petrocaribe aims to help the Caribbean cope with rising oil prices. But with payments deferrable for 25 years, someone’s going to be left holding the bag.
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Kings and Queens
LatinFinance has compiled its second annual ranking of the 50 most powerful and influential people in Latin America and the Caribbean, spanning business, politics, government, academia and even pop culture.
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Shipping Out
Trans-Pacific trade has overwhelmed US ports. Shippers looking for alternative routes to the US market are beginning to look at Mexico.
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Cashing In
Brazilian businesses complain about banks’ high lending rates and record profits. But banks say their reward should be commensurate with the risks they are taking.
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Slaughtering the Sacred Cow
Mexico’s national oil company loses money hand over fist and is leveraged to the hilt. It needs major reform urgently.
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China’s Call
China revalued its currency, the renminbi, in July. Joydeep Mukherji, director at Standard & Poor’s, explains its long-term effect on Latin America.