Peru ended its 74-year absence from the international bond markets in February when it issued $1.43 billion worth of 10-year global bonds in a well-received deal that included a Brady […]
Category: Regions
Posted inWeb Articles
Convergence of Powers
Roberto Dañino, the prime minister, promises to straighten out the government’s difficult relations with Congress and improve those with the businesses and financial markets.
Posted inWeb Articles
Bailing Out the Banks
The final cost of Ecuador’s banking crisis is still unknown. Most deposits in the failed private sector banks were covered either by cash payments from a government agency, the AGD, […]
Posted inMagazine
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 […]
Posted inMagazine
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+. […]
Posted inMagazine
Getting an Unexpected Boost
Jamaica’s economy was just beginning to enjoy a renaissance when a bout of political violence last July that left 25 people dead was followed by the disastrous drop in tourism […]
Posted inWeb Articles
Enhancing Flight and Cargo
Jorge Chávez International Airport is improving with investment by its new owners.
Posted inMagazine
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 […]
Posted inWeb Articles
Crossing the Political Divide
Gustavo Noboa, Ecuador’s president, has shown an uncanny ability to pick a path through Ecuador’s political minefield. Will his successor?
Posted inMagazine
Putting Closure on a Crisis
Jamaica has paid a heavy price for its botched financial sector liberalization of the 1990s. Omar Davies, Jamaica’s finance minister, estimates the 1997 banking crisis cost the country J$125 billion […]