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Latest articles from Americas

Mexico looks for more global trade

May 3, 2004

Mexico’s economy has turned a corner, says finance minister Francisco Gil Díaz. However, much still depends on its giant neighbour, the US.
After several years of economic stagnation, Mexico appears to be turning a corner. The manufacturing industry, led by the maquiladora (in-bond assembly for export) sector, is hiring again. Exports earnings, including those generated by the crucial oil sector, are also up – no small thing, considering exports make up about 25% of Mexico’s economic activity. Interest rates are also trending down and inflation is under control.

Catching the eye of the investor

May 3, 2004

Nicaragua’s central bank president, Mario Alonso, says that the HIPC debt relief will enable his country to tackle poverty and push for economic and judicial reform.

US economic recovery feeds through to banks’ Q1 results

May 3, 2004

US banks reported strong first quarter results on the back of a solidifying economic recovery, demand for banking products and improved asset quality. Here are the highlights of some of the top banks:

Foundation of Latin American economic revival is shaken by US and China

May 3, 2004

The signs for optimism in Argentina, Brazil and Mexico are under threat from a cooling of the Chinese economy and a probable rise in US interest rates.

IADB interviews

May 3, 2004

Monica Campbell interviews top officials from Bolivia, Mexico and Nicaragua at the Inter-American Development Bank meeting, discussing the major issues currently affecting their countries.

When negotiations turn into blackmail

April 5, 2004

Argentina’s negotiating strategy of threatening to default on its loans to get its own way has underlined the case for greater IMF independence.

Lending, a helping hand

April 5, 2004

With interest rates falling, Brazil’s banks are losing the drip feed that is government debt and are looking to increase lending and fees. Bill Hieronymus reports from Săo Paulo.

Banking for the bankless

April 5, 2004

Young Argentines who sold a small internet site to Banco Santander for millions of dollars at the height of the internet bubble are jumping into Brazilian banking to compete with the region’s largest financial institutions.

Costa Rica leads the pack in 2002 trade rankings for Latin America

March 3, 2004

This month, The Banker publishes its first ranking of trade conditions for Latin America based on 2002 data.

Reconstructing confidence

March 3, 2004

Monica Campbell on the steps Nicaragua is taking to lose its status as one of the region’s most corrupt countries.