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.
Category: Regions
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.
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 […]
Cemex’s Stratospheric Rise
In the last decade, the Mexico-based cement company has transformed itself into a world-class company. The problem is, Cemex may eventually outgrow its home market.
Codified Rules, Not Case Law
While based on similar constitutional principles, Mexico’s confined legal framework differs from the US common law system. Foreign investors should understand the basics of the country’s legal system and its enforcement.
Fox’s Biggest Sell
Part cheerleader, part idealist and all business, Vicente Fox Quesada is convincing Mexico – and the world – that with rationally designed policies, performance targets and a dose of zeal, he can put the country firmly on the road to modernization and growth.
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.
