Latin Capitalist's blog

Investing in Latin America: When, where and how

Our store

"Here's a great resource from the folks at PricewaterhouseCoopers." @latincapitalist

Hispanic Population in U.S.Grew by 43% in Ten Years

Our store

Per the census office:

More than half of the growth in the total U.S. population between 2000 and 2010 was because of the increase in the Hispanic population. Between 2000 and 2010, the Hispanic population grew by 43 percent, rising from 35.3 million in 2000 to 50.5 million in 2010. The rise in the Hispanic population accounted for more than half of the 27.3 million increase in the total U.S. population. By 2010, Hispanics comprised 16 percent of the total U.S. population of 308.7 million.

Venezuela's Oil Leak

Our store

Do you think Venezuela will default by 2012?

EVER since Greece plunged into a sovereign-debt crisis in 2009, investors have focused on which European country might be next. According to Capital Economics, a research firm in London, however, the next trouble spot could be Venezuela.

http://www.economist.com/node/18233412

Peru signs two Free Trade Agreements in two days

The real success of G-20 is that it highlights the importance of emerging market countries in the new economic order. On 15 November, Peru signed a free trade agreement (FTA) with South Korea; on 14 November, it also concluded FTA negotiations with Japan. What does this mean?

Global Currency War Looms

Last night Brazil’s Finance Minister warned of a global “currency war”. Interventions by governments like Japan and Brazil can only do so much. Calling your country's currency the most over-valued one does a lot more to keep inflows down. Are trade sanctions the next step? Not for Brazil. It needs all the open markets it can find to sell to and huge foreign direct investment to build it's energy sector.

Argentina Positions for New Debt Offerings

Argentina’s peso continues to drop relative to the U.S. Dollar.

The central bank said that it last bought dollars on Sept. 23rd, when reserves reached a record $51.3 billion.

President Fernandez last week nominated Marco del Pont, who backed the government’s use of $6.6 billion in international reserves to pay debt this year, to remain in her post after it was set to expire Sept. 23rd, Economy Minister Amado Boudou presented lawmakers with a plan on Sept. 16th to tap another $7.5 billion in reserves to make debt payments next year.

With the recent credit rating agency upgrades, Argentina is looking for rates under 8%. What is your credit card rate and do you think you are less or more a default risk than Argentina?

For more comments see:
Mercado Libre (NasdaqNM:MELI)
Grupo Financiero Galicia (NasdaqSC:GGAL)

Is Repsol YPF Brasil really worth $10 Billion?

Madrid-based Repsol, which plans to sell about 40 percent of its Brazilian business through an initial public offering. It’s seeking to raise about $4 billion from the stock sale, valuing the Brazilian unit at about $9-10 billion.

But what's it really worth?

The Change is Coming in Three Great Waves

I just got this via my inbox. This is a bit scary for right thinking folks......

--Prepare!!!!!!!!

If you don't know how to swim you still have 4 months to learn. Don't forget the flippers and mask.

In just six months, on January 1, 2011, the largest tax hikes in the history of America will take effect.

CSN may list iron ore mining unit in US after IPO - CEO

Here's a story about a potential new iron ore offering. Definitely a "Hot Stock of the Week" candidate.

Brazil's third largest steelmaker Cia Siderurgica Nacional SA said that it may list shares of its mining unit in the US after an initial public offering.

Mr Paulo Penido CEO of CSN said that shares may trade on the New York Stock Exchange after the IPO in Brazil.

Argentina could benefit from China soybean demand.

Here's a news clip that reminds us all the Argentina has an interest in Chinese markets too!

Cresud SACIFYA (Nasdaq:CRESY), the Argentine agroindustrial real estate and grains producer, gained 2.3 percent. Argentine President Cristina Fernandez de Kirchner said today in a speech in Beijing that Argentina wants to become an agricultural supply platform for China. In April China banned soybean oil shipments from Argentina, the world’s biggest supplier, as part of a disagreement over antidumping measures.

Fortunately for the Argentines, these are different times. Soybean futures prices have risen 10% in the last two months alone.

Syndicate content