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Peter Macnee: IFC Helps Virgin Mobile Find Untapped Demographic
For Mobile Virtual Network Operators (MVNO) Latin America is virgin territory. Barely 0.5% of installed network capacity is currently leased out to providers that do not themselves own any telecom assets. UK operator Virgin Mobile has taken note and is
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José Piñera Echenique: Robbing the State of Its Piggy Bank
Chile owes a debt of gratitude to the Piñera family. This debt may not always be universally acknowledged but most Chileans would readily agree that the Piñeras have played a key role in the country’s politics and economics over the
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Bullish on Chile: Elections Prompt New Thinking
Copper is set for a price rebound. Manufacturing output in China is up more than analysts predicted and that country’s growing demand for refined copper has significantly decreased global stockpiles. Copper prices have already recovered from this year’s low of
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The Limitless Power of Latin America: Renewables to Light Up a Continent
In Latin America, renewable energy can supply up to 22 times the region’s power needs, even taking into consideration future growth. Wind, solar, geothermal, biomass and ocean energy sources can generate up to 80 pWh (petaWatt-hour*) of electricity while by
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Revenue Watch: 4 out of 5 Companies Fail in Good Governance
The Resource Governance Index (RGI) measures the quality of governance in the oil, gas and mining sector of 58 countries. From highly ranked countries like Norway, the United Kingdom and Brazil to lowranking countries like Qatar, Turkmenistan and Myanmar, the
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Michelle Bachelet and the Right of a Woman to Decide
When Chile’s government was ousted by Augusto Pinochet in 1973, Michelle Bachelet’s father (a supporter of the deposed Salvador Allende) was arrested, tortured in prison and died in custody at the age of 51. Security forces later arrested Bachelet herself,
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M&A in Emerging Countries – Tax Risks and Opportunities
The Importance of Taxes in M&A Processes Companies are focusing more and more on the tax aspects of M&A. This focus is partly because tax authorities are scrutinizing transactions more closely than ever before. But this increase concentration is also
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New ‘Pacific Alliance’ Upbeat and Seeking Competitive Advantages
Leaders of Pacific Alliance: Ollanta Humala, President of Peru; Juan Manuel Santos, President of Colombia; Sebastián Piñera, President of Chile; Felipe Calderón, President of Mexico. The new bloc’s integration opens up significant opportunities for incremental economic development through increased
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Air Travel Growth Continues to be Driven by BRICS Members and South East Asia
Asia leads the world’s growth in air travel and holds seven out of the ten busiest inter-city routes. In addition to the BRIC markets, Indonesia, the Philippines, and Chile showed an impressive growth, according to analysis by the market intelligence
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CFI Top 40 Billionaires in Emerging Markets 2012
The list is dominated by billionaires from the BRIC economies (65% out of the total number of billionaires). Of these, the Russian (and one Ukrainian) makes up more than half of the billionaires from BRIC economies and 38% of the
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