Americas

Investment opportunities in Colombia’s hydrocarbons sector look set to rise, given that companies such as Reficar are instilling a greater sense of sustainability in the industry

Reficar invest in long term Colombian production

Investment opportunities in Colombia’s hydrocarbons sector look set to rise, given that companies such as Reficar are instilling a greater sense of sustainability in the industry

Colombia has long been among Latin America’s brightest geographies for oil production, a status that shows no signs of fading. Government policy and economic growth have set the scene for a significant rise in oil production. The boom in Colombia’s...

Detroit has become the biggest city in US history to file for bankruptcy, after drowning in debts of almost $19bn

Detroit goes bust

Detroit has become the biggest city in US history to file for bankruptcy, after drowning in debts of almost $19bn

The motor city formally filed for chapter nine bankruptcy after Kevyn Orr, Detroit’s emergency manager, failed to broker a deal between the city’s pension funds and its bondholders. Until a court can review the case, an automatic stay will be issued o...

Challenges for Colombia’s extractive industries

The Colombian hydrocarbons sector has undergone impressive changes over the past decade, though resulting figures have revealed for continued growth there should be an even greater capacity for exploration and extraction

The present constitution of the Colombian hydrocarbons sector can, and should be, analysed from two perspectives – its achievements and future challenges. Comprehensive economic indicators exhibit for considerable progress to have been made through rece...

Latin American aviation emerges on course

In such a rapidly growing part of the world, good connections are vital to ensure businesses get access to key destinations. The recently merged Avianca group is leading the way in a highly competitive market

The Latin American airline industry has been undergoing a period of consolidation in recent years, with Chile’s LAN and Brazil’s TAM merging last year, creating LATAM, the region’s largest carrier. However, this era of consolidation was kick-started...

Bci: Chilean resources offer substantial returns

Having exhibited unprecedented economic growth in recent years, Chile looks to have the resources in place to continue to appeal to investors around the world

Chile’s steadfast economic constitution and auspicious prospects for the future have cemented the country’s high standing as one of the foremost economic havens of the present day. Last year, a time in which the vast majority of economies exhibited de...

Colombia: Latin America’s rising star

Colombia’s domestic economy is growing, as are its foreign assets. There is little to suggest it cannot continue to grow over the coming decade, even if its political situation remains tinged with uncertainty

From its position as a declared ‘failed state’ in the 90s, Colombia has turned into one of the most stable growing markets in Latin America. The economy grew six percent in 2011 and four percent in 2012, with similarly strong growth forecasts over the...

The Hugo Chávez legacy in Venezuela could last generations, with the Commandante’s career forging a strong impact on the nation’s economy and culture

The televised revolution

The Hugo Chávez legacy in Venezuela could last generations, with the Commandante’s career forging a strong impact on the nation’s economy and culture

February 1999: Chávez, a former paratrooper, is inaugurated as president of Venezuela for a six-year term after castigating the “rotten elite” that plundered much of the country’s natural wealth. Venezuela remains resource-rich, however, mainly fro...

As the world’s most costly office building, One World Trade Centre is one of the most ambitious real estate projects in development today. Rita Lobo finds out how, plagued by delays and disputes, the multi-billion dollar complex is slowly emerging to transform Manhattan’s skyline

One World Trade Centre: phoenix rising from the ashes

As the world’s most costly office building, One World Trade Centre is one of the most ambitious real estate projects in development today. Rita Lobo finds out how, plagued by delays and disputes, the multi-billion dollar complex is slowly emerging to transform Manhattan’s skyline

One WTC’s key players Larry Silverstein A top New York City real estate investor, Brooklyn-born Silverstein won the lease for the World Trade Centre with a $3.2bn bid. Weeks later, the terrorist attacks of 9/11 razed the building to the ground. A...

World Finance interviews James Campbell, Executive Director of Hospital Redevelopment at Bermuda Hospitals Board, and Ian Bendal, Foreign Legal Consultant for Davis LLP, the hospital's PPP legal advisors

James Campbell, Ian Bendall | Bermuda Hospitals, Davis LLP

World Finance interviews James Campbell, Executive Director of Hospital Redevelopment at Bermuda Hospitals Board, and Ian Bendal, Foreign Legal Consultant for Davis LLP, the hospital’s PPP legal advisors

With only one acute hospital on its shores, Bermuda's healthcare has not always been at the forefront of government priorities. However, the country is now financially able to broaden its primary infrastructure, and the redevelopment of King Edward VII Me...

Banobras, as trustee of the government-owned infrastructue fund ‘Fonadin’, has invested billions in improving Mexico’s infrastructure. As the new government settles in, support for new development projects in the sector looks set to continue

Private investment in Mexico

Banobras, as trustee of the government-owned infrastructue fund ‘Fonadin’, has invested billions in improving Mexico’s infrastructure. As the new government settles in, support for new development projects in the sector looks set to continue

Mexico has a commitment to infrastructure investment. It recognises infrastructure as one of the main drivers for economic growth. To make the development of infrastructure possible, the government has several mechanisms in place to channel financial reso...

World Finance interviews Dr Rueben Devlin, President and CEO of Humber River Hospital, and Mike Marasco, CEO of Plenary Group, on the public-private partnership redevelopment of the Humber River Hospital

Dr Rueben Devlin, Mike Marasco | Humber River Hospital

World Finance interviews Dr Rueben Devlin, President and CEO of Humber River Hospital, and Mike Marasco, CEO of Plenary Group, on the public-private partnership redevelopment of the Humber River Hospital

Advancing healthcare through PPPs has now become international best practice and plays a crucial role in how hospitals are managed. Humber River Hospital in Canada will be one of the country's largest acute care facilities when it opens in 2015. Dr Rueben...

Building for a sustainable future

Investment in Bermuda’s healthcare has not always been at the forefront of government priorities. Currently under construction, the island is now financially able to broaden its primary infrastructure

Bermuda is an idyllic, 21 square mile island located on the Atlantic Ocean, 700 miles east of the US, with a population of about 65,000. Famous for its pink sandy beaches and turquoise waters, Bermuda has more golf courses per square mile than any otFibro...

British Virgin Islands inspire confidence

The International Finance Centre for the British Virgin Islands has steadfastly overseen the country’s emergence from the financial crisis

The British Virgin Islands (BVI) has a longstanding reputation as a reliable and efficient offshore financial centre, but the territory is still investing in finding ways to evolve as a global leader in the financial management sector. With a populatio...

The Brazilian state of Minas Gerais is known locally for the easy-going and tranquil disposition of its inhabitants, but behind this peaceful nature is an entrepreneurial spirit unrivalled in any other part of the country

New partnerships energise Minas Gerais

The Brazilian state of Minas Gerais is known locally for the easy-going and tranquil disposition of its inhabitants, but behind this peaceful nature is an entrepreneurial spirit unrivalled in any other part of the country

Minas Gerais is a state of rolling hills and baroque citadels. Translated literally from Portuguese, the name means ‘general mines’, because of the abundance of gold and precious stones found buried under its hills, which have been steadily excavated ...

China and Europe to continue Latin American investments

Many of the countries sprinkled across south America are enjoying periods of growth, as natural resources and higher standards of education than before present the region as a fantastic place to invest

Chinese investment in Latin America has increased dramatically over the last decade. An article in Latin Finance points out that bilateral investment between the two areas has grown by 1,400 percent, which equals about $140bn. The Chinese investment co...

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