Venezuela and Colombia have become two of the most dangerous places to do business in Latin America. Their financial systems are in disarray. Venezuela’s Hugo Cháves and Colombia’s Andrés Pastrana are taking starkly different approaches to dealing with their countries’problems.
Category: Regions
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Colombia’s Growth Industry
Kidnapping has become one of Colombia’s most common forms of serious crime, with a record 3,100 cases reported in 1999. Human rights campaigners say they expect even more cases this […]
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Televisa Spreads the Wealth
Mexican businessman Alejandro Burillo plans to sell his 25% stake in Grupo Televisa, Mexico’s largest media company, to a group of large shareholders led by María Asunción Aramburuzabala, one of […]
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Holding on at the Top
Panama’s Banco del Istmo has swallowed Pribanco to create Central America’s largest bank. But can the new bank successfully expand in a region peppered with tough competitors?
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Peruvian Telecom Auctions Wireless Licences
Cepri Telecom, Peru’s telecommunications privatization committee, auctioned two fixed wireless access licenses to Telefónica del Perú and Millicom Perú. Telefónica paid $9.7 million and MIC Peru paid $9.85 million at […]
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A Universal Exchange
National stock exchanges are teaming up to offer investors round-the-clock trading and a single pool of global liquidity. The Sao Paulo and Mexico City bolsas are on board, but would they really benefit?
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Front Notes
The election of Vicente Fox as Mexico’s next president was a triumph both for the cowboy-booted former Coke executive and for the country’s effort to distance itself from the rest […]
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Spanish Spending Spree
Spain’s Banco Bilbao Vizcaya Argentaria spent more than it planned to buy Mexico’s second-biggest bank. With BBVA’s substantial assets and promise of profits, colonial domination isn’t looking so bad.