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Friday, June 1, 2012

Another Way Into Latin America

It’s not easy being invested in equities these days. Especially higher beta region like Latin America. The market is not really rewarding the region for its solid government finances and ever-expanding consumer base.

Thursday, May 31, 2012

The Greek crisis: a cautionary tale from Argentina

Policymakers in Europe seem to be surprised at the ongoing bank run in Greece (and the nascent run in Spain). They should not be.

Wednesday, May 30, 2012

Spanish oil company Repsol to stop drilling in Cuba

Spanish company Repsol has said it is pulling out of Cuba after failing in a recent attempt to find oil off the island. Chairman Antonio Brufau told journalists and investors that Repsol "won't do another" well in Cuba.

Sunday, May 27, 2012

Mexico Oil Hedging Costs Rose 44 Percent Last Year

Mexico, the third-largest supplier of oil to the U.S., paid $1.17 billion last year to lock in prices for 2012 exports at $85 a barrel, a 44 percent increase compared to hedging costs paid the previous year.

Saturday, May 26, 2012

EU refers Argentina's import restrictions to the WTO

The European Union has filed a suit against Argentina's import restrictions at the World Trade Organisation (WTO).

Friday, May 25, 2012

Mexico's PRI eyes jump-start to reforms if victorious-aide

(Reuters) - Mexico's main opposition faction hopes to secure support for energy, fiscal and labor market reforms by December if its candidate who is well ahead in the polls wins the presidency, a senior official in the Institutional Revolutionary Party (PRI) said on Wednesday.

Thursday, May 24, 2012

Brazil stocks fall 3% as Greece fears accelerate

LOS ANGELES (MarketWatch) — Brazilian stocks tumbled Wednesday, part of a global selloff in equities on heightened fears that an exit from the euro zone by Greece will result in costly damage for the key export region.