Latin America
Chavez Outdone by Billionaire Mendoza as Wealth Soars Amid Takeover Threat Venezuelan President Hugo Chavez’s
“21st Century Socialism” is failing to rein in billionaire
Lorenzo Mendoza.
Brazil Recovery and Record Retail Surge Boost Chance of Interest Rate Hike Brazil’s fastest economic expansion
in two years and a record jump in retail sales may prompt policy
makers to start raising interest rates as early as next week.
Argentina's Biggest Agricultural Producer Tejar Weighs U.S. IPO on Demand El Tejar SA, Argentina’s largest
agricultural producer, is weighing an initial public offering in
New York to tap rising investor demand for farming assets.
Venezuela Bolivar May Sink as Low as 9 Per Dollar This Year, Barclays Says Venezuela’s bolivar may fall as low
as 9 per dollar in the “worst scenario” as the government
refrains from selling U.S. currency in the unregulated market to
preserve foreign reserves, Barclays Plc said.
Quake, Aftershocks Cripple Chilean President Pinera's Plan to Spur Economy Sebastian Pinera was inaugurated as
Chile’s president today minutes after powerful earthquakes shook
buildings in Santiago and Valparaiso, stirring memories of last
month’s devastating 8.8-magnitude temblor.
Colombia Corporate Bond Issues to Beat 2009 Record This Year, Cordoba Says Colombia will exceed last year’s
record in private bond issues in 2010 as low interest rates spur
companies to sell debt amid rising investor demand, said Juan
Pablo Cordoba, president of the country’s main stock exchange.
Chile Is Struck by Magnitude 6.9 Earthquake, Shaking Buildings in Santiago A magnitude 6.9 earthquake hit
central Chile today, shaking buildings in downtown Santiago and
prompting tsunami warnings less than two weeks after a Feb. 27
temblor killed more than 400 people.
Argentina's Senate May Oust Head of Central Bank for Transferring Reserves Argentina’s opposition-controlled
senate today will vote to oust central bank President Mercedes
Marco del Pont for transferring $6.6 billion of reserves to the
Treasury, said opposition Senator Sonia Escudero.
Chile Volunteers Jam Highways in Trek to Help Earthquake, Tsunami Victims Cesar Perez, a managing director at
brokerage Celfin Capital SA in Santiago, said he was glad to sit
in traffic as he drove supplies to victims of the 8.8 magnitude
earthquake that struck Chile on Feb. 27.
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