Latin America
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TIM Participações Plays Their Hand Well in the Recent 4G Auction in Brazil
The Brazilian government has raised 2.93 billion Brazilian reals ($1.4 billion) from the auction of 4G wireless airwaves, president of national regulator Anatel, said that the average premium paid for the 54 frequencies sold in the auction was 31%. Anatel
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G20 Summit: Merkel still wants both Austerity and Growth in the Eurozone… but still no clue as to who will pick up the tab
Angela Merkel brushed off criticism of her focus on austerity, as the leaders of the world’s 20 largest economies focused their attention on the crisis in the Eurozone. In Los Cabos the EU largely postponed the discussion on the specifics
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MIGA (World Bank): During the Storm – Shift from North to South FDI
By Manabu Nose and Moritz Zander[1] At MIGA (the Multilateral Investment Guarantee Agency) we see the principal near-term risks for emerging market foreign direct investment (FDI) on the supply-side of financing. Despite a rise of emerging market risk perceptions, demand
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Stuart Gulliver keeps HSBC on Track for Focused Global Growth
HSBC is one of a hand full of truly global banks with both corporate and personal customers. As globalisation continues HSBC is extremely well positioned to take advantage of the shift of economic power to Asia, with its strong position
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The Euro Crisis Should Distract on Rio+20 Agreement
Much of the world’s attention has been focused on the Euro crisis but this should not be allowed to distract from Rio+20. Negotiations in the run up to the UN’s sustainable development summit are normally dificult, said UN Secretary General
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Brazil Has Reason to be Proud of First-Tier Banks
Reported by Marcos dos Santos. After a period of tension between the banking sector and the Brazilian government, the Executive Vice President of FEBRABAN (Brazilian Federation of Banks), Wilson Roberto Levorato, said recently, during a seminar of financial inclusion in
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Colombia Comes Together to Overcome Its Past
Bogotá Skyline at Night Maybe the Greeks could learn a thing or two from the Colombians. The change in Colombia over the past ten years is remarkable. Financially Colombia was the “Greece” in Latin America. Its debt was classified as “junk
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Brazilian Brands Abroad
Brazilian brands are expanding internationally. Brazil is rapidly becoming a global powerhouse and “Brand Brazil” has moved on from waxing and micro bikinis; Brazilian brands are starting to go international. Brazil is now seen as chic and consumers globally want
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Mexico’s Competitive Banking System
At the opening of the 75th Banking Convention in Mexico, President Calderon said the country’s financial sector is well fortified against external shocks. ACAPULCO, May 18. – Facing a backdrop of the international financial uncertainty and other countries in economic
Read MoreA View From São Paulo
From the outside Brazil’s new image seems unstoppable but this can quickly change on arrival in the country, starting with long queues for processing visas at São Paulo’s Guarulhos International Airport. Leaving is even tougher: at weekends, overstretched airports can
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