Petrobras, Brazil's state-run oil company, will pay US$137
million for control of the Usina Termeletrica Termo Ceara power plant
PETROBRAS, Brazil's state-run oil company, will pay US$137
million for control of the Usina Termeletrica Termo Ceara power plant
from MPX, a Brazilian holding company. The sale concludes legal . . .
Banco Nacional de Desenvolvimento Economico e Social
(BNDES).(financing)(Brief Article)
BANCO NACIONAL DE DESENVOLVIMENTO ECONOMICO E SOCIAL (BNDES),
Brazil's state-owned development bank, approved US$145 million in
financing for Braskem, a Brazilian petrochemical producer. Funds . . .
Michelin.(Compagnie Generale des Etablissement Michelin)(Brief
Article)
MICHELIN, a French tire maker, will invest US$200 million in a new
heavy vehicle tire plant in Brazil near an existing facility in Campo
Grande, in western Rio de Janeiro state. The plant will . . .
Fiat.(Fiat S.p.A.)(Brief Article)
FIAT, an Italian automobile manufacturer, will invest US$480
million in a plant in Brazil's Minas Gerais state. The investments
will run through 2007 and will involve technological . . .
Companhia Vale do Rio Doce (CVRD).(Companhia Vale do Rio Doce
S.A.)(Brief Article)
COMPANHIA VALE DO RIO DOCE (CVRD), a Brazilian metals and mining
giant, increased a private-sector standby credit limit to US$750 million
from $500 million. U.K. financial institution HSBC leads a . . .
Petrobras.(Petroleo Brasileiro S.A.)(Brief Article)
PETROBRAS, Brazil's state-run oil company, will invest US$1.01
billion to upgrade the Gabriel Passos oil refinery and add a
petrochemical producer to the complex in Betim, Minas Gerais state. . . .
Camargo Correa.(Loma Negra Compania S.A. acquired)(Brief
Article)
CAMARGO CORREA, a Brazilian construction company, will buy for
US$1.03 billion Lorna Negra, an Argentine cement company, from Argentine
businesswoman Amalia Lacroze de Fortabat. The deal includes . . .
Telefonica Moviles.(Telefonica Moviles S.A.)(Brief
Article)
TELEFONICA MOVILES, a Spanish wireless telecommunications company,
will function under the brand Movistar in Spain and in 13 Latin American
countries, including Mexico, Argentina, Chile and . . .
Good in debt.(PANORAMA)(Brief Article)
Latin American countries are improving their image as borrowers.
Brazil said it will not renew an International Monetary Fund lending
agreement. The country had a US$41.75 billion credit line . . .
Poorer every day.(Letter to the Editor)
I very much agree with Silicon Jack's column on political
corruption ["Dirty Money." March 2005]. Nevertheless we should
consider that the fault lies with everyone in Latin America, not just
our . . .
Preachy.(Letter to the Editor)
On the final page of your April 2005 issue, in the last sentence on
a short piece about dog drug mules, the author states "Dogs are
just the latest disgusting chapter in a sordid story, one likely . . .
Will to change.(Letter to the Editor)
Jack Epstein writes that "The Bush administration must help
Latin America alleviate its dreadful poverty" ["Silicon
Jack," April 2005]. Allow me to disagree. Until the citizens of
Latin American . . .
Five hundred.
What more is there to say? The gargantuan task of assembling data
on 500 companies in Latin America--plus our own, exclusive forecast of
the region's top 100 publicly traded companies--was a . . .
Cow palace.(POINT OF VIEW)(Brief Article)
When there is a will there is a way. Dairy farmers in Costa Rica
have 180 Holstein cows producing more than 1890 liters of milk a day
despite the tropical heat, and they are doing so in an . . .
Events.(AGENDA)(Calendar)
MOBILE MESSAGING AMERICAS 2005
Meet the Mobile Messaging Industry of
Latin America
June 1-2
Miami, Florida
Contact: Fernanda Coelho
Tel: [55] (11) 3017-6888
Fax: [55] (11) 3017-6918
. . .
Privatizations.(Illustration)
SECTOR PROJECT DESCRIPTION DEADLINE
AVIATION
CHILE Region IX airport Concession to build Pending
and . . .
Indicators.
COLOMBIA
THE ANDEAN DEVELOPMENT CORPORATION, a multilateral lending
institution, approved two credit lines totaling US$400 million for
Colombia. The country will use the funds to expand capacity . . .
National Treasure (DVD).(BRIEF CASE)(Brief Article)
National Treasure (DVD)
An archaeologist tries to find a treasure hidden by the founding
fathers of the United States. The clues are scattered in the original
copies of the U.S. Constitution and . . .
Tax Revolt.(book)(Brief Article)
Tax Revolt, Phil Valentine
A call to popular action against what the author considers an
excessive system of taxation. Valentine spins the tale of popular
uprisings against new taxes and analyzes . . .
A Double Scotch.(BRIEF CASE)(Brief Article)
A Double Scotch, F. Paul Pacult
Two brands of whiskey are produced in Scotland, Chivas Regal and
The Glenlivet. Both have achieved global success. Here is the story of
the families that created . . .
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