Courtesy of The Financial Times, a report on recent initiatives between Colombia and Venezuela to team up in the oil sector: “Zero,” said Hugo Chávez firmly, when asked almost three years ago what the chances were of Colombia’s state oil company Ecopetrol having a hand in developing Venezuela’s oil-rich Orinoco Belt. That was back when […]
Read more »Via Mark Mobius’ blog, a look at Colombia, an investment destination growing in attractiveness: Colombia is a land of culturally rich colonial cities, lanky skyscrapers, pristine beaches, dense Amazon jungle, snow-capped Andean and Sierra Nevadan mountains, archeological ruins and home to author Gabriel Garcia Marquez. And, I should add, in my view, a country ripe […]
Read more »Via The Financial Times, an interesting article on a recent purchase by Colombia’s Ecopetrol. As the reports notes: “…Ecopetrol has been rummaging around the sale bins for a few years now as part of an aggressive growth strategy aimed at ramping up oil production to 1m bpd by 2015. In 2009, Colombia’s majority state-owned oil […]
Read more »Via Newsweek, an interesting look at the performance of emerging market indices in the past decade. As the article notes: “…If you had any doubt about what Fareed Zakaria calls “the rise of the rest,” consider a new Bank of America Merrill Lynch report on the performance of emerging markets over the past decade. If […]
Read more »Via NuWire Investor, an interesting analysis of investment & economic prospects in Latin America. As the article notes The “right” Latin America will thrive in the New Year, fueled by ts own growth—with an assist from the continued hot growth from China—while the “wrong” Latin America will get left behind. The second phase of emerging […]
Read more »Via IPS News, an in-depth report on the growing influence of PDVSA in Central America, Cuba, the Dominican Republic and islands in the eastern Caribbean who are receiving more and more oil from Venezuela, while major refineries are planned in South America — at Pernambuco in northeastern Brazil, and at El Aromo, on Ecuador’s Pacific […]
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