The developed world may fear China because its cheap labor and colossal exports threaten to decimate manufacturing industry and jobs, but Brazilians see the Asian country as an immense opportunity. […]
Category: Brazil
Team Brazil
President Luiz Inácio Lula da Silva and his finance minister, Antônio Palocci, pulled Brazil back from the brink last year. Now, they face the even greater challenge of accelerating growth and keeping their promise to end Brazil’s social injustices.
The Country’s Engine
Paulistas like to say that if the state of São Paulo were an independent country it would be the second-largest economy in South America. As the most populous and most […]
LatinFinance 2004 Predictor Competition
What will the Mexican peso be worth this time next year and where will Brazil’s C-bond be trading (if at all)? What will happen in Latin America when the Fed raises US interest rates? Who will be the next Latin American leader to be ousted by street protestors?
You can make your predictions for these and many other financial, economic and political events by participating in our LatinFinance 2004 Predictor Competition. The person whose predictions are closest to the mark will win a case of champagne this time next year.
A Gargantuan Refinancing
Enersis, Latin America’s largest private sector electricity utility, with subsidiaries in Argentina, Brazil, Chile, Colombia and Peru, faced a bleak situation in 2002 as Argentina’s devaluation and deepening economic crisis […]
Bradesco’s Biggest Bond Ever
After several years in the doldrums, Brazil’s economy is likely to grow by 3%-4% this year and bankers expect a sharp increase demand for loans. Bradesco, Brazil’s largest private-sector bank, […]
Brazil’s Newfound Respect
Brazil’s return to the capital markets in April 2003 after a year’s absence was a closely watched event. Any slip up or misreading of the market could end in disaster. […]
Co-Piloting Capital Raising
Unibanco, one of Brazil’s largest banks, has a solid history of capital markets activity dating back to the 1950s, acting both for itself and its clients. The bank began raising […]
Mounting a Flexible Strategy
Demand for exotic credits, popular with international investors in 2001 and 2002, waned after Brazil won back investor interest in the second half of 2003. Luckily, there is still demand […]
Petrobras Barrels Back
For years Brazil’s national oil company, Petróleos Brasileiros (Petrobras) could only raise money on the international markets with bonds equipped with credit enhancements. The company long hoped to resume issuance […]
