(latinbusinesschronicle) Latin America 2012: China’s Perspective

    Monday, January 30, 2012   Perspectives   The outlook of China-Latin American economic relations in 2012. BY JIANG SHIXUE   In 2012 the momentum of the development of China-Latin American economic relations in recent years will be maintained. On the Latin American side, demand forChina’s cheap manufactured goods and investment is likely to [...]

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(businessweek) Mexicans Overpaid Slim-Led Phone Industry $13 Billion a Year

Bloomberg January 31, 2012, 1:45 AM EST   By Crayton Harrison (Updates with Telmex comment in sixth paragraph.) Jan. 30 (Bloomberg) — Mexico’s phone industry, dominated by billionaire Carlos Slim’s carriers, overcharged customers $13.4 billion a year from 2005 to 2009, hurting the nation’s economy, according to a report. The excess fees combined with the [...]

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(BN) Chile Jobless Rate Unexpectedly Falls, Complicating Outlook for Rate Cuts

  By Randall Woods – Jan 31, 2012 8:46 AM ET   Chile’s unemployment rate unexpectedly declined in the three months through December, adding to inflationary pressures and complicating the outlook for further interest rate cuts. The jobless rate dropped to 6.6 percent from 7.1 percent in the month-earlier period as the retail, mining and [...]

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(BN) Lone Colombia Forecaster Who Foresaw Interest-Rate Increase Predicts More

  By Blake Schmidt and Andrea Jaramillo – Jan 31, 2012 8:46 AM ET   Global Securities’s Daniel Escobar, the only analyst surveyed by Bloomberg to predict Colombia’s interest-rate increase yesterday, says policy makers will raise borrowing costs twice more by June to keep inflation in check. Escobar correctly forecast that the central bank would [...]

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(foxbusiness.com) Santander: Brazil Lending To Grow Sharply Next 5-10 Years

Published January 31, 2012 Dow Jones Newswires  SAO PAULO –  Overall lending by the Brazilian financial industry will rise sharply in the next five to 10 years, improving profit prospects for banks such as Santander Brasil SA (SANB4.BR), the bank’s president said Tuesday. “In general, we are going to see a sharp increase in lending [...]

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(BN) Brazil Industrial Output Rises Most Since May as Economy Shows Resilience

  By Raymond Colitt and Andre Soliani – Jan 31, 2012 8:01 AM ET   Brazil’s industrial production in December rose at the fastest pace in seven months, as a weaker currency and falling interest rates help domestic manufacturers in Latin America’s biggest economy. Output increased 0.9 percent in December, in line with the median [...]

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Venezuela & PDVSA Indicative Run

                     Bid Ask         Bid Ask Security              Px Px          YTM YTM    Bench ——————————————————————————- **Venezuela*** VENZ  10¾  13   103.000-104.000   8.719/ 8.065 1YR VENZ  8½   14    96.500- 97.500  10.011/ 9.569 2YR VENZ  5¾   16    82.000- 83.000  11.405/11.053 3YR VENZ  13⅝  18   101.000-103.000  13.387/12.928 5YR VENZ  7     18    75.000- 76.000  12.554/12.290 5YR VENZ  7¾   19    75.750- 76.760  12.789/12.539 5YR [...]

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