Mexico’s state-owned oil company generates billions of dollars in revenues, but cannot afford to invest in its own future. The government is trying to convince Congress to allow private-sector investment in the oil, gas and power industries.
Category: Regions
Posted inMagazine
Betting on the High Rollers
Belize is looking to diversify away from traditional agricultural exports to manufactures and Internet-based services. Online gaming could be a lucrative niche.
Posted inWeb Articles
The Cost of a Strong Peso
The Mexican peso is one of the few currencies to have risen in value against the dollar this year. That is a major psychological boost for Mexico but it’s wreaking havoc on its competitiveness.
Posted inMagazine
Early-Stage Banking
With a lack of foreign exchange, international regulatory pressure and shortage of bankable risks, Belize’s young banking system still has serious deficits.
Posted inWeb Articles
Turning on the Credit Supply
Interest rates and inflation are falling. That should have a positive impact on bank lending and the capital markets.
Posted inMagazine
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 […]
Posted inMagazine
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?
Posted inMagazine
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 […]
Posted inMagazine
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.
Posted inMagazine
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.