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Economy & Business - June 2008 (ISSN 1741-7430)
Betting on Cuba
The highly publicised economic changes in Cuba
are temping some investors to dabble in Cuban debt. Cuban debt has long been
among the most speculative. The country defaulted in 1986 and has not made any
payments since. Furthermore, the debt is denominated in European currencies
which, mostly, have been replaced by the Euro.
- Latin America tightens
- MEXICO: Banco de México ignores Calderón
- MEXICO: Calderón fixes prices
- BRAZIL: Still booming
- ARGENTINA: Consumption dips
- CHILE: Central bank raises rates
- URUGUAY: Strong
- PARAGUAY: Trade deficit rises
- BOLIVIA: Inflation surges
- COLOMBIA: Inflation worries
- ECUADOR: Inflation jumps
- PERU: Tax revenues up 11% in May
- VENEZUELA: Odd inflation figures
- CUBA: Raúl to pay by results
- COSTA RICA: Banking competition kicks on
- DOMINICAN REPUBLIC: FDI booms
- EL SALVADOR: Coping rather well
- GUATEMALA: Steady
- HONDURAS: Taking delivery of Petrocaribe oil
- NICARAGUA: Gloomy
- PANAMA: Counting on the canal
- Eike Batista raises US$3.6bn for start-up
- METALS: Protesters take a police general hostage in mining royalty protests
- BRAZIL : Booming food prices speed up deforestation
- Betting on Cuba