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USA Economy |
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FT.com - Americas, Business
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FT.com - Americas, Business
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Venezuela currency rationing hits home
Marxists believe in the determinism of economics, so it should come as no surprise that Hugo Chávez's economic vision of "21st-century socialism" is wreaking unusual effects in Venezuela. One is the possibility that even government officials may struggle to make mobile phone calls when working abroad
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Brazil stakes future on $75bn Petrobras offer
The mere fact Brazil is attempting this now, and on the eve of a presidential election, is a sign of brazen confidence
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Petrobras looks to raise $25bn with share issue
Brazil's national oil company is due to release details of the transaction, which would help fund an ambitious $224bn capital expenditure plan for 2010 to 2014
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Mining taxes
Copper's rise to fund Chilean reconstruction
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Chile pushes for mining tax increase
The president sends to Congress a revised bill to increase a key mining tax in a bid to raise $1bn to help fund reconstruction efforts following the devastating earthquake in February
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M&A fever lifts the tempo in Brazil
The high value put on Brazilian advertising agency Talent is further evidence of a scramble among big international groups to grab a piece of the nation's market
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Black arts against Argentine press
The Kirchners, who last year lost their Peronist majority in both houses of Congress, have fallen out with Clarín, the country's leading media group ? over both policy and the company's vaulting ambitions
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G4S plots further expansion into Brazil
The world's biggest security company is pushing further into Brazil with a 51% stake in Plantech, a group focused on systems for securing airports, public transportation and hotels
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Time Warner buys Chile TV network
US media group acquires the broadcaster from Sebastián Piñera, the Chilean president, in a $150m deal that expands its investments in emerging markets
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Antofagasta cuts output forecast
The miner changed its copper production prediction to 530,000 tonnes, down from 543,000 tonnes, after delays at its Los Pelambres mine caused by the earthquake in Chile
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