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Friday, June 7, 2013

Argentina Will Not Become Venezuela

Chevron (NYSE: CVX) is in advanced negotiations with Argentinean state owned YPF (NYSE: YPF) to develop Vaca Muerta basin, considered by Chevron the second largest reservoir of unconventional oil in the world. This looks like a potentially huge opportunity, but the risks are also enormous.

Thursday, June 6, 2013

Xi visits US, Latin America as leader of more confident China after decade of explosive growth

BEIJING - President Xi Jinping meets his American counterpart, Barack Obama, this week after stops in the Caribbean and Latin America as the leader of a more confident China following a decade of explosive economic and trade growth.

Wednesday, June 5, 2013

China drawn to Mexico's opening economy

MEXICO CITY (AP) — China has invested heavily in resource-rich Latin America in recent years, striking major trade deals with governments from Venezuela to Argentina.

Tuesday, June 4, 2013

Monday, June 3, 2013

Colombia Leaves Rates Unchanged and Extends Dollar Purchases

Colombia kept borrowing costs unchanged for a second straight month as policy makers gauge whether Latin America’s lowest interest rate and a government stimulus package will reverse a slowdown in growth. It also extended a program of dollar purchases until September.

Sunday, June 2, 2013

Mexico Peso Extends Biggest Monthly Decline in Year on Economy

Mexico’s peso dropped, extending its biggest monthly decline in a year, as a surge in U.S. Treasury yields sapped demand for the Latin American nation’s assets.

Saturday, June 1, 2013