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1 – 10 of 19The Brazilian financial system, which is still dominated by five state and private banks, saw slower loan growth and worsening asset quality in 2023 due to high inflation and…
The government has continued to absorb banks’ liquidity to close the fiscal deficit, with most private investors reluctant to finance the Treasury. The decline in demand for…
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DOI: 10.1108/OXAN-DB280606
ISSN: 2633-304X
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The government’s prudence should allow it to maintain Mexico’s investment-grade rating, despite lacklustre economic growth and the downgrading of state-owned oil firm Pemex.
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DOI: 10.1108/OXAN-DB273671
ISSN: 2633-304X
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Massa also extended peso debt maturities through a successful debt swap. On the political front, he was able to overcome the resistance of Vice-President Cristina Fernandez de…
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DOI: 10.1108/OXAN-DB272411
ISSN: 2633-304X
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Soon after taking office, President Mauricio Macri announced a "rain of new investments" from foreign companies attracted by the business-friendly tone set by his administration…
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DOI: 10.1108/OXAN-DB212198
ISSN: 2633-304X
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Economic policy-making.
MEXICO: Pemex hedges to provide some stability
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DOI: 10.1108/OXAN-ES220487
ISSN: 2633-304X
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So far, state-sector price controls and price caps on food and private markets have prevented runaway inflation. However, producers are withholding goods or selling on the black…
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DOI: 10.1108/OXAN-DB260020
ISSN: 2633-304X
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The government's precarious fiscal position means that some taxes will be increased, but the rate of VAT will remain unchanged. Much of the adjustment will come about from the…
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DOI: 10.1108/OXAN-DB246846
ISSN: 2633-304X
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MEXICO: State support for Pemex will reassure markets