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Country Report

Banking In Brazil | Addicted To Hot Money

With thestate-owned National Bank for Economic and Social Development ending its subsidized credit lending practice in Brazil,state and private retail banks will have to step in to support thelong-term credit market unlike at present.

Capital Raising & Corporate Finance

Argentina Prepares Another Bond Issue

Encouraged by its successfulbondsalein June,Argentina is planning another bond offer. But some experts are cautious ahead ofOctober'smidterm election.

News

El Niño Batters Peru’s GDP

El Nino storms have caused Peru more than $12 billion in damage, and are expected to shave a full percentage point off the country’s GDP this year.

News

New Mountains For New Vale CEO

Famously fit Fabio Schvartsman faces environmnetal, financial and market challenges as newly appointed CEO of Brazilian iron-ore maker Vale.

News

Temer To Ram Through Unpopular Reforms

Brazil’s administration faces an approval rating of only 10.3% and the unpredictable course of corruption investigations. But president Michel Temer still has a major opportunity to get Congress this year to approve his ambitious and unpopular austerity reforms of social security, labor laws, and the opening of rural land and domestic airline sectors to foreign investors.

News

New Mayor Sells Off São Paulo

New mayor of São Paolo João Doria, a businessman, plans to sell the racing circuit of Interlagos and the operation of Pacaembu soccer stadium.
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