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.
Category: Regions
Posted inMagazine
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.
Posted inMagazine
Jobs, Growth and Modernization
Vicente Fox met with John Barham, editor of LatinFinance, at Fox’s new offices in the Los Pinos presidential compound in Mexico City. Fox, in his trademark cowboy boots, was relaxed and in high humor as he fielded questions that included reforming Pemex, the national oil company, ending the Zapatista uprising, increasing foreign direct investment and eliminating poverty.
Posted inMagazine
Safakeeping Panama’s Private Kitty
Panama has accumulated more than a billion dollars in a
social investment trust, funded by the sales of state-owned industries and former US holdings in the Canal Zone.
The government is taking pains to ensure the money goes where it is supposed to go.
Posted inMagazine
Staving Off Obsolescence
Panama’s geography has always been its best asset. Will its strategic location drive prosperity in the new millennium as Panama aims at becoming the Americas’ premier trade zone?
Posted inMagazine
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.
Posted inMagazine
Business & Banking
Citibank Reaches Accord with MexicoCitibank and Mexico’s Institute for the Protection of Bank Savings (IPAB) settled their dispute over a controversial $2.5 billion debt prepayment made by IPAB to Citibank […]
Posted inMagazine
Citibank’s New Start
The bank says its problems with Banco Confía, an ailing Mexican retail bank it bought in 1998, are close to an end. Senior Citibankers say the bank is at last ready to start growing in Mexico.
Posted inMagazine
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.
Posted inMagazine
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.