Revista Latin Trade articles from September 2003

Revista Latin Trade archives from September 2003

Best and busted banks.(Editor's Note)
September 1, 2003... Bankers have never been an optimistic group, but recently the pinstriped crowd has had more than its fair share of challenges. Mexican bankers are only recently resuming retail lending nine years after their country's 1994 monetary meltdown....

Trade, not aid.(Letters)
September 1, 2003... Silicon Jack's column calling for U.S. aid in Latin America is reminiscent of a prehistoric time: the age of transportation via ass ("Washington Consensus? Nonsensus!," May 2003). Trade comprises half of this magazine's name, yet Silicon Jack...

Show me the money.(Letters)
September 1, 2003... The following question posed by Brazil's president, Lula da Silva, certainly deserves an answer: "What gives the United States the right to decide unilaterally what is good and what is bad for the world?" ("New World Disorder," June 2003). The...

Spread the news.(Letters)
September 1, 2003... I currently attend American University, and my goal is to further improve the status of Latin American countries through trade and economic policy. For the longest time, I have been trying to find a magazine that talks about the real issues...

New beginnings.(Panorama)(Brief Article)
September 1, 2003... Peruvian President Alejandro Toledo reshuffled his 13-member Cabinet for the third time in two years. The unpopular president appointed former Congresswoman and current tax agency head Beatriz Merino as prime minister, the first woman to ever...

Inversora Electrica de Buenos Aires.(Argentina)(bankruptcy protection)(Brief Article)
September 1, 2003... INVERSORA ELECTRICA DE BUENOS AIRES, a subsidiary of Italian energy company Camuzzi Gazometri, filed for bankruptcy protection in Argentina. The Argentine electricity company defaulted on more than US$230 million in debt during the 2002 crisis....

Molinos Rio de la Plata.(Argentina)(acquires Bodegas Nieto Senetiner)(Brief Article)
September 1, 2003... MOLINOS RIO DE LA PLATA, an Argentine food producer, paid US$4.5 million to acquire the 39% stake in Argentine winery Bodegas Nieto Senetiner it didn't already own from Canada's CDPQ Mercosur.

Transportadora de Electricidad.(Bolivia)(Brief Article)
September 1, 2003... TRANSPORTADORA DE ELECTRICIDAD, a Bolivian electricity transmission company, received US$30 million from the International Finance Corporation to support the company's expansion plans in the region, including the possibility of interconnecting...

Banco Nacional de Desenvolvimento Economico e Social (BNDES).(Brazil)(financial support for Projecto Malhas)(Brief Article)
September 1, 2003... BANCO NACIONAL DE DESENVOLVIMENTO ECONOMICO E SOCIAL (BNDES), Brazil's development bank, will loan approximately US$294 million to support Projecto Malhas, a natural gas network expansion in the northeast and southeast of Brazil. The project...

Embraer.(Brazil)(Embraer Empresa Brasileira de Aeronautica S.A. receives loan)(Brief Article)
September 1, 2003... EMBRAER, a Brazilian aircraft manufacturer, received a US$200 million syndicated loan from Japan's Mitsui Banking Corporation and the Dutch bank ABN AMRO, among others. The funds will be used to purchase parts and equipment for production of...

Alcatel Space.(Brazil)(contract with Star One)(Brief Article)
September 1, 2003... ALCATEL SPACE, Europe's No. 1 satellite manufacturer, signed a US$190 million contract with Brazil's Star One to build and deliver the telecommunications satellite Star One C1. The satellite, expected to launch at the end of 2005, will provide...

Navegacao Vale do Rio Doce (Docenave).(Brazil)(Brief Article)
September 1, 2003... NAVEGACAO VALE DO RIO DOCE (DOCENAVE), the logistics unit of the Brazilian iron ore producer Companhia Vale do Rio Doce, sold two ships used for its dry-bulk shipping business to Canada's Magna Marine for US$36 million. Docenave plans to sell...

Companhia Vale do Rio Doce (CVRD).(Brazil)(sold Fazenda Brasileiro gold mine)(Brief Article)
September 1, 2003... COMPANHIA VALE DO RIO DOCE (CVRD), a Brazilian iron ore giant, sold Fazenda Brasileiro to Canadian mining company Yamana Resources for US$20.9 million. With the sale of Fazenda Brasileiro, CVRD's only gold mine, the company will halt gold...

Up Offshore.(Caribbean)(Brief Article)
September 1, 2003... UP OFFSHORE, a start-up shipping company owned by Bahamas' Ultrapetrol, received a US$70 million loan from the International Finance Corporation, an arm of the World Bank UP Offshore will use the funds to buy six platform supply vessels to...

Bank of Nova Scotia.(Caribbean)(to acquire Banco Intercontinental financial assets)(Brief Article)
September 1, 2003... BANK OF NOVA SCOTIA, a Canadian bank, signed an agreement with financial authorities in the Dominican Republic to acquire select financial assets of Banco Intercontinental, including 35 branches on the island. The Canadian bank also purchased...

The Panama Canal Authority.(Central America)(partners with United States ports)(Brief Article)
September 1, 2003... THE PANAMA CANAL AUTHORITY partnered with U.S. ports in New York, New Jersey, Virginia, Georgia, South Carolina, Texas and Florida to boost trade from North America through the canal. The ports will sign an agreement to implement joint...

Chile signed a free trade agreement with the European Free Trade Association.(Chile)(Brief Article)
September 1, 2003... CHILE signed a free trade agreement with the European Free Trade Association, which includes Iceland, Liechtenstein, Norway and Switzerland. The deal, on goods and services, government procurement, competition and intellectual property will...

Falabella.(Chile)(merges with Sodimac)(Brief Article)
September 1, 2003... FALABELLA, a Chilean retail chain, merged with Chile's Sodimac, creating the largest retail company in the country with expected sales of US$2 billion in 2004.

Rio Tinto.(Chile)(Escondida Norte copper mine)(Brief Article)
September 1, 2003... RIO TINTO, a U.K. mining company, will invest US$120 million to develop the Escondida Norte copper mine in Chile, as part of a $400 million joint project with Australia's BHP Billiton, among others.

Endesa Chile.(Chile)(sold 60% stake in Infraestructura 2000)(Brief Article)
September 1, 2003... ENDESA CHILE, a unit of Spanish electricity company Endesa, sold a 60% stake in Chilean highway-infrastructure company Infraestructura 2000 to Spanish construction company Obrascon Huarte Lain. The deal, which also included the sale of a minor...

Lanchile.(Chile)(to receive US$30 million credit facility)(Brief Article)
September 1, 2003... LANCHILE, a Chilean airline, will receive a US$30 million credit facility from the International Finance Corporation (IFC) to strengthen the airlines working capital. This is the IFC's first project in Latin America's airline industry.

Carrefour.(Colombia)(to acquire Grandes Superficies de Colombia )(Brief Article)
September 1, 2003... CARREFOUR, a French retailer, signed an agreement to acquire the 35% it didn't already own in Colombian supermarket operator Grandes Superficies de Colombia from Colombia's Valores Bavaria. Carrefour plans to open three new hypermarkets in the...

Beer brawl.(Panorama)(Grupo Empresarial Bavaria)(Brief Article)
September 1, 2003... Colombian brewer Grupo Empresarial Bavaria, the second-largest in Latin America, is expanding and modernizing its beer business in order to survive. Bavaria acquired additional shares in Peru's Backus & Johnston, giving it more than 60% of its...

Colombia liquidated state-owned telephone operator Telecom.(Colombia)(Brief Article)
September 1, 2003... COLOMBIA liquidated state-owned telephone operator Telecom due to the company's inability to continue operating through 2004. The government plans to create a new state-owned provider under the same brand name. The new company will take control...

The Multilateral Investment Guarantee Agency.(Ecuador)(Brief Article)
September 1, 2003... THE MULTILATERAL INVESTMENT GUARANTEE AGENCY, a member of the World Bank Group, approved a US$66.5 million guarantee for the construction of a new airport in Ecuador. The new facility, slated to open in 2007, will replace Quito's Aeropuerto...

Telefonica Moviles.(Mexico)(Brief Article)
September 1, 2003... TELEFONICA MOVILES, a Mexican unit of Spain's Telefonica, will invest US$1.5 billion in Mexico by 2005 to develop the country's telecommunications sector. The Mexican mobile company also signed an agreement with Finnish telecommunications...

Jatco.(Mexico)(Jatco Mexico)(Brief Article)
September 1, 2003... JATCO, a Japanese auto transmission producer, will invest approximately US$256 million to build a plant in Aguascalientes, Mexico to supply auto manufacturers in North America. Jatco Mexico is expected to begin producing 300,000 steel-belt...

Azteca America Network.(Mexico)(begins operating television station in Los Angeles, California)(Brief Article)
September 1, 2003... AZTECA AMERICA NETWORK, a subsidiary of Mexico's TV Azteca, began operating a Los Angeles television station as part of a three-year local marketing agreement with U.S. television broadcast group Pappas Telecasting Companies. Azteca America has...

Bank of America.(Mexico)(Brief Article)
September 1, 2003... BANK OF AMERICA, a U.S. bank, and Mexico's Grupo Financiero Santander Serfin are allowing customers to withdraw funds and perform balance inquiries free of charge at automated cash machines in both Mexico and the United States.

Triple-team.(Panorama)(Grupo Gigante S.A. de C.V., Organization Soriana, and Comercial Mexicana)(Brief Article)
September 1, 2003... As U.S. retailer Wal-Mart's Mexican unit Walmex aggressively lowers prices and continues to whack its competitors, three of them are banding together to better compete with the growing threat. Grupo Gigante, Organization Soriana, and Comercial...

Southern Peru Copper Corporation.(Peru)(Brief Article)
September 1, 2003... SOUTHERN PERU COPPER CORPORATION, a Peruvian mining company, signed a US$70 million contract with U.S. construction company Bechtel International to design and build a leaching system in the Toquepala mine.

Tenaris.(Venezuela)(Amazonia Ltd., Siderurgica del Orinoco C.A.)(Brief Article)
September 1, 2003... TENARIS, a Luxembourg steel producer, said its Venezuelan subsidiaries Amazonia and Sidor restructured their aggregate debt, reducing it to US$791 million from almost $1.9 billion. In the deal, the Venezuelan government increased its...

Repsol YPF.(Venezuela)(Brief Article)
September 1, 2003... REPSOL YPF, a Spanish-Argentine oil company, will invest US$700 million in Venezuela by 2008 on exploration and production. The company acquired a 25% stake from Argentina's Tecpetrol in Venezuelan oil field Quiamare La Ceiba, increasing its...

The Central Bank of Mexico filed lawsuits against Mexican banks Banamex, BBVA-Bancomer, Bital and Banorte.(Banking)(Brief Article)
September 1, 2003... The Central Bank of Mexico filed lawsuits against Mexican banks Banamex, BBVA-Bancomer, Bital and Banorte. The Central Bank wants to force the institutions to turn over information on bad loans the government absorbed during the 1994 peso...

Telefonica, the Spanish telecom giant, told U.S. securities regulators that it is seeking compensation from the Argentine government.(Telecom)(Brief Article)
September 1, 2003... Telefonica, the Spanish telecom giant, told U.S. securities regulators that it is seeking compensation from the Argentine government under terms of a bilateral investment agreement for losses its sustained in Argentina after the country's 2002...

Mexican mobile operator Unefon reached a settlement with Canadian telecommunications equipment manufacturer Nortel Networks in a supply contract dispute filed in 2002.(Telecom)(Brief Article)
September 1, 2003... Mexican mobile operator Unefon reached a settlement with Canadian telecommunications equipment manufacturer Nortel Networks in a supply contract dispute filed in 2002. Unefon, which initially accused Nortel of not supplying financing or...

Brazilian environmental authorities issued a US$3.5 million fine to iron ore giant Companhia Vale do Rio Doce.(Environment)(Brief Article)
September 1, 2003... Brazilian environmental authorities issued a US$3.5 million fine to iron ore giant Companhia Vale do Rio Doce after one of its trains derailed in Minas Gerais and spilled more than 185,000 gallons of various toxic chemicals into the Congonhas...

Brazil's Supreme Court overturned a fixed-line telephone rate hike granted by telecommunications regulator Anatel.(Energy)(Brief Article)
September 1, 2003... Brazil's Supreme Court overturned a fixed-line telephone rate hike granted by telecommunications regulator Anatel. The increase would have allowed telephone companies to raise tariffs 29% on average. The court said operators instead could...

Ad it Up.(Trade Talk)(Brief Article)
September 1, 2003... Planning an ad campaign? While Argentina may not be the best place to sell new products, it is among the cheapest locations to roll tape for television commercials. * Film production activity was paralyzed during the first half of 2002, as...

Tussle in the tropics.(Trade Talk)(Miami and Atlanta publicity war for Free Trade Area of the Americas' administrative home)(Brief Article)
September 1, 2003... Miami and Atlanta have been waging an escalating publicity war to become the permanent administrative home for the Free Trade Area of the Americas. Now Miami gets the first chance to shine--or fail miserably in the attempt. Anywhere from a...

Chat line.(Trade Talk)(Brief Article)
September 1, 2003... "Lula has made some noises that investors want to hear"--Annabel Betz, Credit Suisse First Boston (International Investment) "When does the lack of growth become a problem for Mexico? I would say yesterday."--Economist Mauricio Gonzalez,...

Cash machine.(Trade Talk)(Brief Article)
September 1, 2003... Cornered by government-imposed exchange controls, some Venezuelans are getting greenbacks through the markets. It works like this, market. sources say: Investors buy Venezuelan shares in bolivars of telecom CANTV, then swap them for American...

Chopping the bloc.(Trade Talk)(Common Agriculture Policy reformed by European Union)(Brief Article)
September 1, 2003... The European Union reformed its Common Agriculture Policy, a 45-year-old subsidy system that props up inefficient Euro bloc farmers, keeping food two times more expensive at home and occasionally hooding foreign markets with overproduction,...

The world according to Enrique ...(Trade Talk)
September 1, 2003... "If I had $50 [million] to $70 million and started handling it out, I could have gotten things done too."

Unibanco's Finance Minister.(Trade Talk)(Uniao de Bancos Brasileiros S.A.)(Brief Article)
September 1, 2003... Pedro Malan has already secured his place in the history books as the longest-serving finance minister, at eight years, in modern Brazilian history. The sexagenarian is now starting a new career as a banker. But he'll stay in Brazil instead of...

Banco de Chile.(Dear Shareholder ...)(net income)(Brief Article)
September 1, 2003... Banco de Chile's net income soared in the first quarter of 2003, increasing nearly 138% compared to the same period last year. The Chilean bank also completed its merger with Banco Edwards, which caused operating expenses and provisions for...

Banco de Galicia y Buenos Aires.(Dear Shareholder ...)(Brief Article)
September 1, 2003... In 2002, the Argentine bank restructured its operations and kept a tight budget to make up for low banking activity. The first sign of recovery came in the form of significantly reduced losses in the first quarter of the year. Argentina's gross...

Banco de Credito del Peru.(Dear Shareholder ...)(Banco Santander Central Hispano-Peru)(Brief Article)
September 1, 2003... Peru's No. 1 bank started 2003 with lower-than-expected net income results, incurring US$15.5 million in restructuring costs as a result of its merger with Banco Santander Central Hispano-Peru.The bank also acquired the remaining 45% stake it...

Collateral damage: the U.S. war on drugs keeps Latin America's poor farmers tethered to the trade.(Trade Talk)
September 1, 2003... In the past year, stepped-up U.S. pressure in Bolivia and Peru to wipe out coca--the leafy Andean bush that can be processed into cocaine--has met increasingly violent protests. And no wonder. Small farmers' dependence on coca revenue has...

Blind man's bluff: free trade is coming to Central America, but few understand what's on the table.(Trade)
September 1, 2003... Free-trade debates on the streets of Central Americas capitals sound like tales of the chupacabra, the mysterious, dog-like beast that can fly and drains livestock of their blood, wreaking financial havoc on pour campesinos. No one has...

Head of the class: Chile could soon allow collective consumer lawsuits. Business is not pleased.(Law)(Brief Article)
September 1, 2003... Latin America's model economy, effectively stenciled two decades ago on the U.S. economy, is about to take the next big step--for better or for worse--toward another common feature of U.S. capitalism, class-action lawsuits. The Chilean...

Top 100 banks: after a stormy 2002, banks look forward to increased trade and integration.
September 1, 2003... Read the tiny type first. The reporter's dictum for deciphering financial results--that all the news is in the footnotes--holds true for 2002's LATIN TRADE Top 100 Banks. A lot of the usual suspects are here, although in far different places...

Good, better, best.
September 1, 2003... Separating the best from the merely good in banking is a tough task. For the first-ever LATIN TRADE ranking of best banks in Latin America, we treated each country as an individual ranking. They should be viewed and understood in that sense....

Cleaning house.
September 1, 2003... All the chickens came to roost this year for Argentina's bushwhacked financial system. The forced conversion of dollars to pesos following the late 2001 economic collapse hurt--a lot. As LATIN TRADE predicted last year, the ugliness could...

Top 100 banks: ranked by assets as of Dec. 31, 2002.
September 1, 2003... TOP 100 BANKS Ranked by assets as of Dec. 31, 2002 RANK INSTITUTION COUNTRY TOTAL ASSETS '02 '01 US$ % ...

Hurricane Ramoncito: how Ramon Baez and his cronies broke the Dominican Republic's largest bank--and almost brought down the country.(Top 100 Banks)
September 1, 2003... From his 18th story penthouse at The Libertador Tower on Santo Domingo's Anacaona Avenue, banking scion Ramon Baez had sweeping views of this seaside capital. For years, his name was synonymous with booming business, open-handed charity and...

Let's make a deal: Argentine carmakers face a future of little credit, few buyers and sluggish exports.(Autos)
September 1, 2003... At the Serra Lima Ford dealership in Buenos Aires, salespeople putter around the showroom, flip through newspapers and find small jobs to keep busy. People wander in to look at the Ford pickups, sedans and sports cars, ask questions and leave....

Idle hands.(Autos)(Brief Article)
September 1, 2003... Big carmakers are grappling with too much capacity in depressed markets. Specialized research firm Global Insight predicts a steady recovery, but from a deep hole. Brazil vehicle sales will return to 1997 levels by 2005, thanks to exports,...

Viewer's choice.(Connection)(TeleImage)(iMusica)(Brief Article)
September 1, 2003... Nowadays, anything that can be made digital can be downloaded. Pictures, computer programs, even music. So why not download TV? * Only a few countries in the world currently pamper viewers with the option to play, pause and rewind any program...

Air power.(Connection)(cheap wireless fidelity (Wi-Fi) )
September 1, 2003... Cheap, nearly free, wireless Internet is spreading across the globe. What if the Internet was free, in the air and all around you, all the time? That radical concept is threatening to become a reality. Chalk it up to a new form of...

Sony Ericcsson P800.(gear Box)(Brief Article)
September 1, 2003... SONY ERICSSON 13800 Cellular telephone Price: US$600 www.sonyericsson.com/p800 * The Good Nice light body, good-looking phone with nearly enough power to rival a handheld computer, plus there's a camera built into the back. As an...

Bubbling along.(Connection)(Internet ready to grow in Mexico)(Brief Article)
September 1, 2003... Why wireless? As Mexican telecom giant Telmex and its cellular unit Telcel know, mobile phones combine fat revenues with consistent growth. But even these giants know that the big growth to come is Internet, set to jump 20% annually by 2007. As...

Big fish, small fish.(Connection)(Yankee Group statistics on Internet customers )(Brief Article)
September 1, 2003... It's good to be the king. Spanish telecom giant Telefonica controls 59% of all high-speed Internet customers connected via home phone lines in Brazil, a market of about a half a million, according to The Yankee Group. Brazil's cable-TV...

Clean and green: renewable fuels sugar and soy, plus hydrogen and gas, get a kick-start from economic hard times.(Trade Lanes)
September 1, 2003... Brazil is turning up the heat in its search to turn ordinary foods like sugar and soybeans, even hydrogen, into fuel for a growing economy, while Argentina and Mexico are dabbling in ways to put more drivers behind the wheel of cars fueled by...

Check point.(Out Of The Box)(Panama Canal Authority marketing, advertising campaigns with United States ports)(Brief Article)
September 1, 2003... Panama is on a logistics marketing offensive these days. Panama Canal Authority executives have been traveling to major East Coast U.S. ports, including New York, New Jersey and Charleston, South Carolina, to sign agreements that guarantee...

Fender benders.(Out Of The Box)(laser docking system used by Port of Santos, Sao Paulo, Brazil)(Brief Article)
September 1, 2003... The port of Santos in Sao Paulo state upgraded to a laser docking system earlier this year to cushion itself from potential shipping accidents and hard docking, which occurs when a ship comes to port too fast. In the shipping industry. 18...

Recycled roads.(Out Of The Box)(Costa Rican portion of Pan-American Highway)(Brief Article)
September 1, 2003... The Pan-American Highway, running from Alaska to Argentina, is the jugular vein of road trade and tourism in the Americas. But decades of torrential rains have degraded the Costa Rican portion the highway, leaving a 240-kilometer strip in much...

CAFTA's Mardi Gras.(Out Of The Box)(United States-Central American Free Trade Agreement; New Orleans, Louisiana)(Brief Article)
September 1, 2003... The port of New Orleans will spend US$95 million to expand its container terminal in preparation for more trade from Central America. Port officials are counting on the impending U.S.-Central American Free Trade Agreement (CAFTA) to boost...

What lies ahead for Latin America's financial institutions?(Special Advertising feature)
September 1, 2003... KEY ISSUES TO BE EXAMINED AT FELABAN ANNUAL ASSEMBLY While the past two years have been difficult for Latin could be much brighter. An upturn in the U.S. economy America's financial institutions, the outlook for 2004 would stimulate trade...

Downtown's angels: Latin America's richest man and a popular mayor take on centuries of grime and neglect.(Executive Travel)
September 1, 2003... Street vendors selling fake Rolex watches and Che Guevara T-shirts block the sidewalks. Black with grime, neglected colonial palacios lean at crazy angles. Narrow cobbled streets are littered with refuse. Smokey taco stands and porn cinemas...

When in Mexico ... movie theaters, bowling even bullfighting come to Mexico's main soccer stadium.(Executive Travel)
September 1, 2003... The Roman Forum was the ancient capital's commerce hub, a marketplace where farmers and urban dwellers met to sell livestock. Located next to the massive Colosseum, the forum also hosted festival games and housed temples to Roman and Greek...

Fear factor.(air traffic, SARS, and Iraq War)(Brief Article)
September 1, 2003... International air traffic to South America was the only region in the world to show positive signs, with revenue passenger kilometers growing 5% in April 2003 compared to the same period last year. Nervousness regarding severe acute respiratory...

Conrad Miami Hotel coming to Espirito Santo Plaza.(Focus On)(Miami, Florida)
September 1, 2003... Conrad Hotels, Hilton's global luxury brand, will bring a new dimension in hospitality to Espirito Santo Plaza, the dynamic 36-story mixed-use project now nearing completion on Miami's fabled Brickell Avenue. The new 203-room Conrad Miami...

Travel hot tips.(Executive Travel)(Brief Article)
September 1, 2003... * Brazilian airline TAM is offering one free hotel night at the Buenos Aires Hilton or Morumbi Sao Paulo Hilton for first- and business-class fliers. Travelers must stay at least two nights to get the discount. Call (305) 477-5997. *...

Your security, my war, our continent.(Book Review)
September 1, 2003... Hemispheric Security: A Long and Winding Road By Maria Cristina Rosas Universidad Nacional Autonoma de Mexico US$24 The Sept. 11, 2001 terrorist attacks on U.S. soil showed the need for increased security in the Americas. During the...

Other titles of interest.(Book Review)
September 1, 2003... In Why Smart Executives Fail (portfolio), Sydney Finkelstein, a management professor at Dartmouth, analyzes an all-too-common scenario. A company ranks among the most admired in the world then fails terribly after three or four years. What...

Excerpt from Hemispheric Security: a Long and Winding Road.(Brief Article)(Excerpt)
September 1, 2003... "Washington's proclamation that terrorism is the principal threat to international security, and that countries should primarily commit their material and human resources to fight it, will promote discord and dissent, more so with the differing...

Key indicators.(Trends)(Illustration)
September 1, 2003... LATIN TRADE INDEX* % CHANGE APRIL 02/03 Total Trade April 03 US$ 50.1 billion -0.4% Exports April 03...

Privatizations.(Trends)(Illustration)
September 1, 2003... SECTOR PROJECT DESCRIPTION AVIATION CHILE Region I airport 20-year concession to upgrade and operate the airport in ...

Trade calendar.(Trends)(Calendar)
September 1, 2003... EVENTS INTER-AMERICAN FORUM ON MICROENTERPRISE How to Confront Changes and Manage Risks Sept. 3-5 Guatemala City, Guatemala Contact: Florencia Pettigrew Tel: [1] (202) 623-2691 Fax: [1] (202) 312-4134 ...

Book 'em.(Point of View)(Ricardo Cavallo)(Brief Article)
September 1, 2003... Slapped with more than 300 charges for disappearances, kidnappings and torture during Argentina's "dirty war" against leftists during the mid-1970s, former Navy Captain Ricardo Cavallo inches closer to judgment day. Summoned from Mexico to...

Los buenos y los malos.(rentabilidad de bancos latinoamericanos)
September 1, 2003... Los banqueros nunca han sido un grupo optimista, pero recientemente han tenido que enfrentar una dosis de retos mayor de lo normal. Los de México recién han vuelto a los préstamos minoristas nueve años tras la debacle del peso en 1994. Sus...

Comercio, no ayuda.(Carta al editor)
September 1, 2003... La columna de Silicon Jack en la que pide ayuda norteamericana para América Latina nos recuerda un momento de la prehistoria: la era del transporte a lomo de burro ("Lejos de la atención de Washington", mayo de 2003). El comercio (trade) es la...

Cuestion de dinero.(Carta al editor)
September 1, 2003... La siguiente pregunta, formulada por el presidente de Brasil, Lula da Silva, mere ce una respuesta: "¿Qué le da a Estados Unidos el derecho a decidir unilateralmente qué es bueno y qué es malo para el mundo?" ("Nuevo desorden mundial", junio...