An interview with Vicente Llatas, executive vice president of CanTV, Venezuela’s biggest telecoms provider.
Category: Regions
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
MarketWatch
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, […]
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.
An Inconsistent Response
Caribbean nations with substantial offshore financial sectors have not responded uniformly to international efforts to crack down on money laundering and tax evasion.
Life is not a beach
The major Caribbean countries this year face rising debt loads, election uncertainty and economic challenges.
To keep investors satisfied, they must maintain fiscal discipline and diversify their markets.
Making A Jamaican Statement
Canadian mutual fund magnate Michael Lee-Chin recently expanded his empire with the purchase of Jamaica?s largest bank. He plans to use National Commerical Bank?s 50 branches to distribute every conceivable financial product.
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+. […]
