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Weekly Report - 30 June 2016 (WR-16-25)
BRAZIL: Temer vetoes plans for further FDI in airlines
Battered stocks in Brazil’s struggling domestic airline industry have received a boost following the approval of a bill in the federal congress to allow foreign investors to own up to 100% of shares in these carriers. However, under pressure in the senate, interim president Michel Temer decided to withdraw the proposal, thereby limiting foreign investment in the airline industry to the status quo of 20%. Stocks in Gol and Azul fell accordingly.
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- COLOMBIA: Details of demobilisation divulged
- VENEZUELA: The Three Amigos – shoulder to shoulder
- BRAZIL: Rousseff cleared over creative accounting measures
- BRAZIL: Temer vetoes plans for further FDI in airlines
- BRAZIL: Real strengthens, inflation still troubling
- ARGENTINA: Macri advances with adjustment
- TRACKING TRENDS
- MEXICO: Peña Nieto pursues new tack
- NICARAGUA: Fears grow over a one party state
- PANAMA: Canal expansion project unveiled
- US chain opens first of three Cuban hotels
- Quotes of the week