As Chile feels the effects of its first downgrade since the 1990s, Finance Minister Felipe Larraín lays out the strategy to improve the country’s credit rating.
Category: Regulation
Trucker strike exposes Brazil’s logistics vulnerability
Infrastructure bottleneck gains more visibility as strike impacts food delivery, hospitals and airports
Petrobras CEO says no policy changes despite 10% cut
Brazil’s state-owned energy company tries calming market after share price plunges 14.6% in one day
BR Distribuidora pumps local bonds
Petrobras’ service station business aims to raise $277m in debentures, tied to $206m in CRAs
Odebrecht case delays M&A deals
A far-reaching bribery scandal has shifted the landscape of M&A in Latin America. Now the sale of Peru’s Chaglla hydropower plant is in danger of collapsing.
Petrobras CEO says no policy changes despite 10% price cut
Brazil’s state-owned energy company tries to calm market after share prices plunge 14.6% in one day
Banxico stays put amid currency malaise
Mexico keeps interest rate unchanged at 7.5% but inflation is expected to fall in the coming year
Copom holds rates
Brazilian central bank MPC unanimously decides against a 25bp cut, leaves monetary policy at 6.5%
Brazil tells State Grid to revise CPFL offer
Securities regulator CVM backs the energy company’s minority shareholders, demanding that the Chinese firm pay a higher stock price
Coruripe readies CRA sale
Brazilian sugar, ethanol producer submits paperwork for $56m local securitization
