Mercosur – Upfront: Argentina Rochelle Broder-Singer Economy minister Domingo Cavallo has announced a number of initiatives aimed at shocking the Argentine economy to life. Mercosur has agreed to allow the country to eliminate all tariffs on capital goods until year-end 2002, even though this would eliminate Mercosur members’ competitive advantage in the country. Cavallo has […]
Category: Latin CEO: Executive Strategies for the Americas
Argentina’s long, strange trip: Argentina’s collapse did not come overnight, but was the result of a slow descent into fiscal irresponsibility – Economic Outlook William Plasencia CALL IT REVOLVING do or economics, In the last 12 months Argentina has one through five heads of state, almost as many economy ministers, and now rioting and a […]
Sultan of fashion: Venezuela’s Graffiti retail chain was born as a single store selling designer clothing. CEO Carlos Sultan has turned it into a house of style with hundreds of outletsand plans to take the chain global Christina Hoag Carlos Sultan is a hard man to pin down these days. His only time for an […]
Aviation policy: who decides? Its time for the aviation industry to take the lead in liberalization – Final Thoughts Jeffrey N. Shane SIGNIFICANT CHANGES IN INTERNATIONAL aviation in Latin America can’t be very far off. I’ve been saying that for the past 12 years, and so far I’ve been mostly wrong. Today I’m somewhat more […]
Major telecom default – Upfront: Argentina Rochelle Broder-Singer Telecom Argentina, the country’s No. 2 telecommunications company, has ceased principal payment on its US$3.3 billion debt, and is seeking to renegotiate its interest payments as well. Owners France Telecom and Telecom Italia have already written off most of their stakes in the company. Other debt defaults […]
Slim Domit’s billion-dollar bet: Carlos Slim Domit has scored a string of successes for Grupo Carso in Mexico. But can he translate his retailing prowess to the us market? – Mexico Special Report Daniel J. McCosh Carlos Slim Domit’s work space is not what you would expect. The offices of the 34-year-old chairman of Mexico’s […]
www.salutia.com – Your Health and the Financial News Rochelle Broder-Singer What it is: Health news, discussion groups and information, in Spanish and Portuguese. What it promises: Health information, news and community, customized country by country. What it delivers: Information about a large variety of topics, including men’s health, aging, sexuality, exercise, nutrition, alternative therapies and […]
Uruguay bond issue – Finance Johanna Marmon Most of the sovereign debt issued in Latin America is purchased in the world’s financial capitals, places like New York and London. In a small but important step toward self-sufficiency in Latin America’s capital markets, however, Uruguay recently floated a US$145 million bond in Chilean pesos — the […]
From the bottom up: Kola Real finds its niche among the poor in Peru, but competitiors say its low price has more to do with unfair competition – Strategies Lucien O. Chauvin GUERRILLA INSURGENcies rarely spur economic development, but in the case of Industrias Ananos in Peru, that’s exactly what happened. The company was born […]
International banking: with more than 40 international banking agencies, only New York can vie with Miami as a center for Latin America bankingin trade finance, private wealth management or investment services To get an idea of just how vibrant Miami’s international banking community is–and how important its links to Latin America–one need only to have […]