The situation facing European countries like Greece and Portugal is directly comparable to the economic crisis which hit Latin America in the late 1990s, Andy Brough, co-head of Schroders’ Pan European Small and Mid Cap team, told CNBC Wednesday.
Past voluntary debt reprofilings in Latin America have worked to varying degrees, but "soft" restructuring is not going to solve Greece's debt problems, according to Stuart Culverhouse, chief economist of frontier markets specialist Exotix
The IMF, or International Monetary Fund, is an intergovernmental agency that works to keep exchange rates and the international system of payments stable.
After decades of boom to bust behavior, economies from Mexico to Brazil are looking dynamic, diverse and durable, helped by a wealth of natural resources and a good measure of fiscal discipline.
The sudden death of Néstor Kirchner, Argentina’s pugnacious former president, sparked a rally on international financial markets at the prospect of a more investor-friendly regime in one of the world’s top commodities producers. The FT reports.
Why Cramer sees promise in the production of this cleaner energy source, even if it isn’t for us.
Mohamed El-Erian, CEO and co-CIO of Pimco, the world’s largest bond investor, said some emerging market economies are doing better than those of developed countries because they had dealt with financial crises years earlier.
First we found out bacon makes you smarter. Now, it may also make you sexier. Oh, bacon. Is there anything you can't do?
South America, which boasts a range of basic resources and agriculture, is showing signs of rebounding from the global recession. But political uncertainty continues to plague the continent.
Find out which CEO and sports legend “swung” by for a surprise visit with the traders!
As the second quarter begins, and uncertainty in the U.S. market prevails, investors might want to start looking south for some opportunities. For the first quarter, Latin American indices were amongst the best performers around the globe.
The economy's so bad, Cramer says, they have no choice.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Western Europe has long been the most popular getaway for U.S. tourists, but rising airfare and the weak dollar may have Americans traveling to more exotic destinations in 2008.
Spanish-Argentine oil major Repsol said Thursday first-half net profit fell 4.3%, hurt by higher exploration costs and a lower hydrocarbon output.
Banco Bilbao Vizcaya Argentaria reported a 1% rise in first-half net profit on Wednesday, with lower gains from asset sales masking otherwise strong operating trends.