Twenty years after gaining independence from the UK, Belize is struggling to define itself while dealing with mounting debts. It is also trying to diversify its agricultural-based economy.
Category: Regions
Breaking with the Past
President Vicente Fox ended 71 years of rule by the Institutional Revolutionary Party with his election last year, but he has yet fully to break the mold of Mexican politics.
Business & Banking
ING Moves into Mexico’s Insurance MarketING Group, the Netherlands-based financial services company, agreed to buy a 45.2% stake in Seguros Comercial América from Savia, the troubled Mexican conglomerate. The $791 […]
Bolivian Issue Makes its Mark
The largest and longest-dated bond issued in the Bolivian market could open the door for more private sector projects looking to find financing in the local markets.
Pemex Repositions its Risk
A recent bond issue by the Mexican national oil company proves that it is parting ways with other emerging debt markets issuers, a trend that investors support.
Sovereign Report
Colombia Swaps, Issues, and Reopens Colombia carried out an impressive domestic debt exchange in June reducing its financing needs for next year. The government exchanged $2.45 billion in debt for […]
Too Little, Too Late?
In July, Colombia’s three feeble stock exchanges merge into a unified bourse. The question is, will the change restore equity investment in the country, even if sovereign risk improves?
Creating a Consistent Image
Peru has endured erratic economic policies and political corruption at the highest levels. President Alejandro Toledo now must convince investors that the country will pursue a disciplined recovery.
Milpo’s Mettle Rattles Peru
A small mining company’s hostile takeover of a neighbor mine is a test for the Peruvian capital markets.
