Latest articles from Americas

A booming economy with enough energy to expand

July 4, 2005

Finance minister Conrad Enill is steering one of the fastest growing economies in the western hemisphere. Monica Campbell quizzes him on policy and strategy.

Trinidad takes the long view

July 4, 2005

A healthy energy sector is fuelling economic growth in Trinidad and Tobago, but not everyone is feeling the benefits. Monica Campbell writes from Port of Spain on the challenges facing the government.

SEC chair Cox is Republicans’ man of the moment

July 4, 2005

The republican chairman of the Senate Banking Committee, Richard Shelby, has thrown his support behind the new chairman of the US Securities and Exchange Commission (SEC), Christopher Cox. He also criticised former chair William Donaldson for failing to listen to his Republican peers.

US bank profits are about to head south

July 4, 2005

The medium-term outlook for profits at US banks is gloomy, according to Andrew Smithers and George Leventis.

Buyers poised to move in on Latin banks

July 4, 2005

Monica Campbell takes a close look at which banks are likely to snap up Brazilian, Mexican and Central American banks for sale.

Peru and Brazil field rivals for IDB presidency

July 4, 2005

Two main candidates are lining up to replace Enrique Iglesias as president of the Inter-American Development Bank (IDB), the biggest multilateral development bank in Latin America. Mr Iglesias, who has held the position since 1988, has decided to step down at the end of September.

Legal drama unravels debt exchange scheme

June 6, 2005

Argentina’s debt exchange plan is in limbo after a court froze Argentine assets on US soil, including $7bn worth of bonds. Sophie Roëll reports from New York.

Basel II impact study threatens to derail accord start date in the US

June 6, 2005

Implementation may be delayed again as the Americans say the changes in minimum required capital are too wide-ranging.

Bankers on tenterhooks over trade agreement

June 6, 2005

Banks will benefit from CAFTA if it goes through, as it will increase trade among the member countries but there is considerable political opposition, both in the US and some Central American states.Monica Campbell reports from Honduras.
San Pedro Sula, an industrial hub in Honduras, looks like an average Central American mid-sized city. Diesel-belching buses – mostly filled with workers, many of whom are young and female – dodge potholes while heading to nearby garment factories.

Brazil profits from the ‘China syndrome’

May 2, 2005

As China’s growth continues apace, Jonathan Wheatley reports from São Paulo on how Brazilian banks are moving into the market there and agreeing joint ventures at home.