Trinidad and Tobago has more money than it knows what to do with. A debilitating political deadlock is making dealing
with this abundant liquidity an even greater problem.
Category: Regions
No Small Tasks Lie Ahead
Roberto Junguito, Colombia’s new finance minister, has his work cut out for him. He must deal with the country’s budget
deficit, wage fiscal war on the guerillas and grow the
economy.
Politics Torpedoes Growth
A casualty of the politics surrounding Alejandro Toledo’s first year as president, Pedro Pablo Kuczynski succeeded
in growing Peru’s economy, sealing a deal with the IMF and issuing a historic international bond. But the public failed to embrace his free market ideas.
Keeping Damage to a Minimum
Venezuela’s financial services industry is remarkably solid and profitable. But bankers are worried about the effect of unemployment, inflation and recession on their institutions.
Negotiating the High Wires
An interview with Vicente Llatas, executive vice president of CanTV, Venezuela’s biggest telecoms provider.
CAF Cultivates the Europeans
The multilateral bank that serves impoverished Andean economies received a warm reception for its long term bond issue from wary European investors.
Resource Rich, Cash Poor
PDVSA needs to invest more to keep current energy production at its present level. Rising operating and production costs are making the goal more elusive.
by Brian S. McBeth
Riding Out the Storm
As Venezuela confronts one of the most turbulent periods in its recent history, the government and its people struggle to hold on to democracy and to a cohesive society. Jonathan Wheatley reports in this supplement.
Tending Both Sides of the Budget
Jesús Bermúdez, Venezuela’s deputy finance minister, says the government has assembled a coherent plan to attack one of the country’s most serious economic weaknesses, its deteriorating […]
