Latin America Archives

Join the global community of corporate and public-sector finance industry leaders reading Global Finance monthly in print.

Click Here

Emerging & Frontier Markets

Emerging Markets : Quest For Investment Grade Gathers Pace

BRAZIL Some 50% of respondents to a Merrill Lynch emerging market investor survey in August said they were bullish on Brazil. Reaching a similar conclusion, rival Morgan Stanley predicts Brazilian markets will see further upside, despite recent US market turbulence, ...

Country Report

Features : Balancing Act

COUNTRY REPORT / BRAZIL Buffeted by the shockwaves from the US subprime mortgage crisis, Brazil has to steer a steady course if it is to keep its economic development on track. Buffeted by the shockwaves from ...

Emerging & Frontier Markets

Milestones : Latin American Markets Ride Out Global Turmoil

LATIN AMERICA Lipsky: Sounds a warning. When the meltdown in US subprime mortgages triggered forecasts of a possible US recession, unleashing global credit and money market volatility, Latin America proved to be relatively insulated from the debacle. Though ...

Emerging & Frontier Markets

Milestones : Oil Firm Ipo Sets Stage For More Share Issues

COLOMBIA Ecopetrol's Cartagena oil refinery. The Colombian energy sector entered a new investor-friendly era with the late-August IPO of Ecopetrol, the state-owned oil company. Ecopetrol is Colombia’s largest corporation, with income of around $18 billion in 2006. The ...

Emerging & Frontier Markets

Newsmakers : New Leader Details Economic Revival Strategy

JAMAICA Golding: Ambitious economic plans. Newly sworn-in Jamaican prime minister Bruce Golding is seeking ways to kick-start the island’s sluggish economy and tackle mounting social pressures over escalating unemployment and crime rates (his own forecasts predict 1,300 murders ...

Capital Raising & Corporate Finance

Corporate Finance : Brazilian Companies Lead Rush By Latin American Issuers To Tap Us Private-placement Market

Corporate financing news / global equity/drs Latin American equity capital markets had their biggest month ever in July, with $9.6 billion in proceeds from 23 issues, an increase of 48% from the previous record of $6.5 billion set ...

Emerging & Frontier Markets

Emerging Markets : International banks enjoy Brazilian boom times

Brazil Brazil’s strong capital markets recovery and IPO blitz has prompted international investment banks to put the country back on their radars. Lehman Brothers, which exited Brazil in 2003 amid a near market collapse, has reopened its São ...

Emerging & Frontier Markets

Newsmakers : The unsinkable mrs. K

Argentina Double act: Nestor Kirchner and the presidential hopeful, Mrs. K. Argentine First Lady and senator Cristina Fernández de Kirchner is poised to replace her husband, President Nestor Kirchner, in the top post in the October 28 ...

Emerging & Frontier Markets

Cover Story : A Changing Agenda

Latin America There is no longer any doubt that Venezuelan president Hugo Chávez’s “Bolivarian Revolution” is having a significant economic and political impact on Latin America. The question now is, Will it last? It’s 11 o’clock in the ...

Emerging & Frontier Markets

Emerging Markets : Meat Processors Bulk Up With Foreign Acquisitions

Brazil Beefing up: Brazilian meat producer JBS is set to buy the US's Swift Following a spate of local IPOs by Brazil's main meat processing companies, sector players are now engaged in an acquisitions spree to expand their ...

Emerging & Frontier Markets

Emerging Markets : Argentine Utility Lists On New York Stock Exchange

DR NEWS Edenor, a Buenos Aires-based electricity distributor, became the 12th Argentina-based company to trade on the New York Stock Exchange, following its initial public offering in the United States and Argentina. The company, also known as Distribution ...

Emerging & Frontier Markets

Emerging Markets : Making The Grade

BRAZIL Brazil's agricultural output is helping boost its economy Brazil moved closer to a coveted investment-grade rating in May as both Standard & Poor’s and Fitch upgraded the sovereign to BB+ from BB. The rating puts it just ...