The agenda of Mexico?s new president is emerging, and Vicente Fox appears to be tackling the domestic and international fronts with equal zeal. His strong popularity will help him navigate local political challenges as he seeks to make Mexico a major player in world affairs.
Category: Regions
Moving in Tandem with the US
To avoid an increase in its current account deficit and increased pressure on the peso, Mexico needs to synchronize its business cycle with that of the US.
Stumbling No More
After a costly government rehabilitation program, Mexican banks are re-capitalized, restructured and back in private hands. As consolidation and foreign bank participation peaks, things are looking up for Mexico’s accident-prone banks.
Tugging Toledo to the Right
Alejandro Toledo, one of the front-runners in Peru’s April presidential race, chose Pedro Pablo Kuczynski, the veteran international financier, as his chief economic advisor in a bid to gain investor confidence.
Down But Not Out
Though the Andean countries have been hit by a barrage of political and economic instability, some investors managed to turn adverse market dynamics to their advantage.
Business & Banking
Telmex Spins Off International AssetsMexico’s largest telecommunications company, Telmex, spun off its wireless and international holdings into a new company América Móvil in an offering on the New York Stock […]
A Renewed Yen For Latin Bonds
After going up in smoke during Asia’s financial crisis, the Samurai market has sprung to life, offering a valuable fund-raising alternative to Latin sovereign borrowers.
Building on a Boom
Panama’s construction industry is humming along as the conversion of Canal Zone properties and new highway concessions keep the permits rolling. But financial and environmental issues are complicating business for some operators.
Cleaning Up Its Fiscal Act
Panama quickly responded to an international blacklisting by passing new bank laws that prove its commitment to get tough on money launderers and their crimes.
Panama Holds Its Own
Panama’s economy didn’t take the nosedive many feared it would when the US military departed just over a year ago. Instead, the country has taken advantage of the existing infrastructure to fuel economic growth in the shipping, tourism and construction sectors.
