End of preview - This article contains approximately 351 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
Economy & Business - February 2012 (ISSN 1741-7430)
DEBT: Tapping China
On 1 February América Móvil, a leading Mexico-based telecoms company, controlled by the world’s richest man, Carlos Slim Helú, became the first Latin American company to tap the so called “dim sum” (Chinese renminbi) bond market. It borrowed RMB 1bn (US$158m) for three years, but paid only 3.5% a year in interest for the money to do so.
- Another sign of confidence
- What is going on in the labour market?
- A tale of two economies
- ARGENTINA: In denial
- CHILE: Better than expected December
- PARAGUAY: Preparing to cut
- URUGUAY: Fiscal deficit comes in at below 1% of GDP
- BOLIVIA: Double deficits as government ramps up spending
- COLOMBIA: An under-control boom
- ECUADOR: Banks expect credit growth to slow
- PERU: Bank lending up 19% in 2011
- VENEZUELA: Spraying economy with dollars
- Macroeconomic data and forecasts
- COSTA RICA: The fiscal deficits start to flash red
- CUBA: Slow start to the sugar harvest
- DOMINICAN REPUBLIC: Steady
- EL SALVADOR: Trade deficit rises
- GUATEMALA: Tax reform launched
- HONDURAS: Electricity problems
- NICARAGUA: Brito project up in the air
- PANAMA: Inflation problems
- 2011 GDP Figures
- MINING: Panama demonstrators win a round
- ENERGY: Mining company to build Chile’s biggest wind farm
- OIL: The pros and cons of Pemex becoming a major oil refiner
- AGRIBUSINESS: Drought hits Brazilian harvest
- TOURISM: South America becomes a market
- DEBT: Tapping China