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Monday, April 30, 2012

Argentina: YPF vows to continue gas supplies

Argentina’s biggest oil firm, YPF, has pledged to keep providing gas supplies to local customers, as the dispute over its forced nationalization continues.

Friday, April 27, 2012

Brazil's Congress approves changes to enviro law

BRASILIA, Brazil (AP) — Brazil's lower house of Congress on Wednesday approved a bill that weakens the nation's benchmark environmental law protecting the Amazon and other areas, a move that some fear will lead to a spike in deforestation.

Thursday, April 26, 2012

Colombia Proves Latin America’s Best Equities Since 2002

Colombia (IGBC), Latin America’s murder capital when Pablo Escobar ran the Medellin drug cartel in the 1980s, produced the region’s best risk-adjusted stock returns over the past decade as improved security bolstered economic growth and foreign investment.

Wednesday, April 25, 2012

Standard & Poor's puts Argentina on 'negative watch' over YPF nationalisation plan

Standard & Poor's has put a "negative watch" on Argentina's credit rating, citing "rising restrictions to international trade" and "steps to nationalise oil company YPF" as reasons for the move.

Tuesday, April 24, 2012

Cuba plans massive shift to "non-state" sector

HAVANA (Reuters) - Cuba will move nearly 50 percent of the state's economic activity to the "non-state" sector, a senior Communist party official said at the weekend, the latest signal the island is headed toward a mixed economy.

Monday, April 23, 2012

Argentina's Economy Probably Grew 4.5% In February

BUENOS AIRES -(Dow Jones)- Argentina's national statistics agency, Indec, is expected to report a moderation in economic activity in February, owing to a downturn in construction and industrial output.

Sunday, April 22, 2012

Chile Finance Minister: 2012 GDP Growth Over 4% Would Be Good For Economy

NEW YORK -(Dow Jones)- Any economic growth over 4% in 2012 would be "very good" for Chile considering the deterioration in the global economy, the country's finance minister said Wednesday.