Tag: Top Pick

FISCAL POLICY: Cárdenas signals belt tightening

Colombia by LatinNews 22 July 2015
Colombia's national budget proposal for 2016 could open the door to several years of austerity. After a decade of strong government spending, Colombia faces several years of tight budgets. On 14 July the National Council for Economic and Social Policy (Conpes) approved the finance ministry’s...

Corporate Radar

Regional Business Overview by LatinNews 03 July 2015
Trouble for Odebrecht and Andrade The presidents of two of Brazil’s largest construction companies, Marcelo Odebrecht (of Construtora Odebrecht) and Otávio Azevedo (of Andrade Gutiérrez) were arrested by police on 21 June. Reports said they were held as part of the on-going investigation...

Trump launches campaign bid with broadside against Mexico

Postscript by LatinNews 25 June 2015
“An offensive, reckless xenophobe.” This was how the president of Mexico’s ruling Partido Revolucionario Institucional (PRI), César Camacho, described the US business tycoon Donald Trump on 18 June for remarks he made during a speech to launch his presidential campaign a day earlier. Camacho was...

Corporate Radar

Regional Business Review by LatinNews 05 June 2015
Odebrecht and FCC win Panama Metro contract Brazil’s civil engineering giant Construtora Norberto Odebrecht, in partnership with FCC Construcciones of Spain, was declared the winner of the bidding for the Línea 2 Panama City Metro contract, with a US$1.86bn proposal. The consortium led by the two...

BRAZIL: From China with love, and money

Brazil & Southern Cone by LatinNews 21 May 2015
Petrobras, the troubled Brazilian state oil firm, was one of the big winners this week following the visit of Chinese premier Li Keqiang. While other former investors are suing Petrobras over its management’s cover-up of the massive corruption scandal at the firm, China is betting that the...

Chile: Trouble comes in threes

Regional Economic Review by LatinNews 30 March 2015
Chile is considered one of the least corrupt countries in Latin America. Yet all of a sudden there are three major cases in the headlines, and an embarrassed government is promising new measures to strengthen ethical standards. The first case, known as the Caval affair, was revealed by the...

Opposition wins crucial last seat in El Salvador

Main Briefing by LatinNews 30 March 2015
Development: On 27 March, El Salvador’s supreme electoral tribunal (TSE) finally announced the official results of the country’s legislative and municipal elections, nearly a month after they were staged on 1 March. Significance: The painstakingly slow count was compounded by the fact that the...

Peru: Troubled times for Pluspetrol

Regional Business Review by LatinNews 02 March 2015
A confrontation on 10 February between local police and the community in Pichanaki, (province of Junín), could have major implications for oil and gas production in Peru. According to the government, around 500 people invaded Peruvian army barracks temporarily leased to Pluspetrol, an Argentine...

GUYANA: Questions of energy and power

Regional Economic Review by LatinNews 30 January 2015
By most metrics, Guyana's economy has performed well in recent years. Progress through 2015-2017 will depend significantly on two factors. One is the arrangement of finances for the Amaila Falls Hydroelectric Project (AFHP). The other is the possible lack of access to credit through Venezuela’s...

Obama sets bold new course on Cuba

Leader by LatinNews 18 December 2014
Barack Obama has made history – and cast his legacy – by becoming the first US President to make a decisive move to end the last Cold War anachronism in the Americas. On 17 December President Obama used his executive powers to decree a major change in US-Cuba policy, paving the way for the...

Bolivia and Peru at odds over quinoa

Postscript by LatinNews 17 December 2014
In November some 500 Bolivian quinoa producers from Oruro and Potosí – Bolivia’s two main quinoa growing regions – held demos outside the presidential palace demanding that the government led by President Evo Morales stem an influx of cheap non-organic Peruvian quinoa into the country. This has...

Executive summary

Leader by LatinNews 16 December 2014
The ‘militarisation’ of policing has become a matter of concern in much of Latin America, where the recourse to the military to deal with internal security matters has been spreading. Fears have been voiced by some about the potential for abuse and violation of human rights, by others about its...

The end of the OPEC era

Main Briefing by LatinNews 28 November 2014
Development: As widely trailed in advance, Saudi Arabia exercised its muscle at the Organization of Petroleum Exporting Countries (Opec) on 27 November, rejecting any cut in the group’s 30m barrel per day (b/d) output target. Significance: For Latin American oil producers the news is uniformly...

POLITICS & SECURITY: Narco politics

Paraguay by LatinNews 13 November 2014
The 16 October murder of an investigative journalist and his assistant by suspected contract killers working for a local mayor has prompted serious concern about just how far organised criminal groups may have infiltrated authorities in Paraguay. With a string of national deputies and even a...

Prosperity Index 2014

Special Announcement by LatinNews 03 November 2014
LatinNews is excited to announce a new partnership with the Legatum Institute, a London-based public-policy think-tank that produces the highly regarded Prosperity Index, the 2014 issue of which launches this week. Subscribers to LatinNews will enjoy strong added-value from this collaboration,...