Divergent Paths Interest rates in Mexico and Chile are at historical lows, in spite of the growing uncertainty afflicting most of the region. Chile is located next door to Argentina, […]
Category: Mexico
An Intercontinental Mix
Cemex, the Mexican cement company, is a global player that has acquired competitors on five continents. But the markets are carefully watching Cemex?s Asian expansion, worried that it might now be overextending itself.
Fighting on All Fronts
As Secretary of Mexico?s Ministry of Comptrollership and Administrative Development, Francisco Barrio Terrazas is the country?s anti-corruption czar. His job, and that of his office, is to stamp out deep-rooted government corruption and promote financial transparency and accountability in all public institutions. Here Barrio describes Mexico?s multi-pronged attack on dishonesty and fraud in government, and acknowledges that a prolonged and relentless effort is necessary to alter the course of decades of corruption.
No Bells and Whistles Needed
Riding on the tails of Mexico?s freshly upgraded credit rating, Grupo Televisa, the Spanish-language television broadcaster, was able to raise $300 million with 30-year plain vanilla bond in the international market.
The Envy of the Region
Guillermo Ortíz is not a popular man, not that he cares much. For the thick-skinned Ortíz, governor of Mexico’s central bank and hardline inflation hawk, his victory last year when […]
Holding the Anchor
LatinFinance: Why is it important to lower inflation to the same level as in the US? Guillermo Ortíz:I think that if the history of Mexico has been of convergence and […]
Secondary Marketplace – Sovereign Report
Mexico Sheds Junk Rating Standard&Poor’s finally joined fellow ratings agencies Moody’s Investors Service and Fitch Ratings by awarding Mexico a long awaited investment grade rating of BBB-, up from BB+. […]
Time to Re-Engineer
Bloated with debt, Mexico’s conglomerates have largely failed to reshape themselves into profitable, efficient companies capable of competing globally.
Globalization Gets A Presidential Push
Mexico’s former head of state, Ernesto Zedillo, is fashioning a post-presidential career as an advocate for globalization, international development and social justice.
Going Big, Going Wide
Banorte, Mexico’s leading regional bank, has bought Bancrecer, a bank with a strong branch network in an attempt to create a powerhouse operation that serves the enitre country.
