Latin America
International companies exposed to Venezuela’s massive currency devaluation
Venezuela’s currency devaluation will impact global and regional companies that the market may not have yet priced in.
Why Ecopetrol is rivaling Petrobras for Latin American domination
As of Monday’s close, Colombian oil company Ecopetrol (EC, quote) once again has a larger market cap than Brazilian giant Petrobras (PBR, quote). Do current market prices for these equities reflect their true valuations?
Whirlpool Corporation a growing emerging market play
The middle class in emerging markets is buying more and more appliances. Look no further than Latin America, and Brazil in particular — where producers and retailers of small to medium sized appliances are booming.
Increase in pension fund investments makes for headwinds in Andean market
The Central Bank of Peru announced last week that it will probably raise the limit on pension fund investments in foreign securities by the end of the year. Funds have approached the current limit of 30% on roughly $35 billion in assets as strong economic growth and regional integration increased assets.
Booming manufacturing sector of Mexican economy challenging China
The Mexican economy is benefiting from a manufacturing renaissance, thanks in part to cheap labor allowing the country to challenge China’s hold on the global export business.
