Overhauling the oil firm would indicate the government is ready to take tough decisions to address Peru’s structural problems, say analysts
Category: Economy & Policy
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Argentina puts freight railways up for sale
Three groups have expressed interest in bidding for 50-year concessions to operate three state-run railways
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DFC plans to be ‘extremely active’ in Caribbean
US investment agency sees opportunities in critical minerals, infrastructure and other key sectors, official says
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Goldman’s Waldron sees ‘lots of opportunity’ in Mexico, risks in Brazil
The bank’s president and COO tells LatinFinance why he is optimistic about Mexico, Colombia and Argentina but sees risks looming in Brazil
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Peru to ‘unblock’ $40 bln in mining investment
A pillar of the new government’s strategy will be preventing the social conflicts that have stalled some projects, minister says
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Argentina allows banks to step up dollar lending
The government’s goal is to allow banks to use their rising in US dollar deposits to expand loans to the business sector
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Growing demand fuels hopes for Argentine local bond revival
More investors are participating in local bond offerings, but work to develop the market must continue, executives say
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Colombia declares economic emergency after earthquake
Relief and rebuilding efforts could complicate the new government’s plans to rein in the fiscal deficit, says analyst
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BNDES president says ‘betting against Brazil’ is bad idea
Investors stand to lose money if they “speculate” with Brazilian assets, Aloizio Mercadante tells LatinFinance, following a slump in the equity and FX markets
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New finmin says Peru to raise debt ceiling
The government will also reportedly run a higher deficit in the short-term, partly due to measures to mitigate the impact of El Niño