Despite having one of the world’s richest oil reserves, Venezuela’s economy must still fight to overcome the effects of an overvalued currency and an unstable business environment.
Category: Regions
Posted inWeb Articles
Ironing Out Ups and Downs
Venezuela’s economy has always risen and fallen with the price of oil. But pressure from President Chávez and a new investment law are creating further challenges.
Posted inWeb Articles
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.
Posted inMagazine
Business & Banking
MetLife Buys Mexico’s Hidalgo MetLife, the largest insurer in the United States, has agreed to buy Mexico’s state-owned Aseguradora Hidalgo for $965 million in cash, outbidding rival insurers aiming to […]
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Negotiating the High Wires
An interview with Vicente Llatas, executive vice president of CanTV, Venezuela’s biggest telecoms provider.
Posted inMagazine
Hauling in High-Yield Investors
A Sub-investment grade Mexican railroad company took advantage of an openeing in the US junk bond market to issue $180 million worth of 10-year paper.
Posted inWeb Articles
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
Posted inMagazine
Lowering Barriers to Entry
There are small signs that Mexico’s competition authorities are beginning to stand up to the rich and powerful bosses who have defied control for years. But the regulators have a hard battle ahead of them.
Posted inWeb Articles
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.