Latin America
Euro crisis takes a big bite out of Gol’s transatlantic flights
Major Brazilian airline Gol (GOL, quote) saw a rebound in domestic demand at the end of 2011, but transatlantic flights fared poorly.
Brazil infrastructure play is alive and well
Putting renewed emphasis behind the investment theme for Brazilian infrastructure, Bloomberg reports that Brazil has raised $14 billion through operating licenses for three of the country’s largest airports.
Who are the bottom fishes in the Brazilian stock market?
Vermilion’s analysts believe Brazil continues to emerge as the short-term global leader in Latin America and that there are plenty of individual opportunities there.
Emerging Markets Week Ahead: Is Optimism over a Greek Deal Just a Trojan Horse?
The wait may be over for a formalization of the 130-billion-euro aid package for Greece to avoid a default in March. Bloomberg reports on Saturday that the Greek government has found the additional cuts to bring spending down to $427 million, a requirement led by Germany as part of further aid.