Cuba is open for business, but it’s complicated. It is run by the Cubans, for what the Cubans want
Even with Venezuela’s economic meltdown and Brazil’s underwhelming performance, the Chinese want to keep up investment in the region.
Foreign investors in Latin America are warming to Brazil as a promising turnaround bet while souring on Mexico and its landmark energy reform that has yet to deliver.
With their eyes set on an eventual recovery, Venezuela’s currently worthless bonds could be turned around for big profit even if they were to default on debt.
The investment banking firm is involved with at least one $260 million bond relating to the country’s infrastructural renewal.
Alfonso Prat Gay, Argentina’s Minister for the Economy reassured potential investors in Spain that their controversial new policies are supposed to reinvigorate the economy as they did there.
December 2015 showed the highest direct foreign investment since the all-time record in December 2010, as speculators look for the low point of a cycle.
With her job on the line, Brazilian President Dilma Rousseff is spending January developing an economic plan which she hopes will restore faith in her leadership and weaken looming impeachment proceedings against her.