NEXT

Bloomberg News

Bloomberg News

October 03, 2016 | Daily Business Review

Disillusioned Brazilians Don't Believe in Democracy Anymore

Luciano Pacheco, a 42-year-old owner of a key-cutting shack in the Brazilian capital, used to be a fervent supporter of the left-wing Workers' Party. His disillusion set in long before the party was ousted after 13 years in power, and he says there is no candidate or group he can now imagine backing.

By Raymond Colitt, Samy Adghirni and Bruce Douglas, Bloomberg News

10 minute read

September 29, 2016 | Daily Business Review

Argentina Sees First Tech Billionaire in Macri Renaissance

When Argentine President Mauricio Macri needed a place to sell his vision for reviving his country's economy, he chose the Buenos Aires offices of MercadoLibre Inc., Latin America's largest online marketplace. By his side was the company's 45-year-old founder and chief executive officer, Marcos Galperin, who used the August event to reveal plans for a $100 million investment that he said will create 5,000 new jobs in the region.

By Tom Metcalf and Blake Schmidt, Bloomberg News

11 minute read

September 21, 2016 | Daily Business Review

Temer Vows to Spend Political Capital on Reforming Brazil

Brazil's President Michel Temer vowed to push ahead with unpopular measures to revive a troubled economy, saying his lack of electoral ambition gives him a free hand to act.

By Anna Edgerton, Bloomberg News

11 minute read

September 02, 2016 | Daily Business Review

With Free-Market Practices, Brazil's Economic Policy Lurches Right

Brazil managed to pull off the Rio Summer Olympics and silence the naysayers. Now the country has a bigger act to manage: approve a painful austerity package to help bring on an economic rebound.

By Peter Millard, Bloomberg News

11 minute read

August 31, 2016 | Daily Business Review

Rich Clan Shaping Brazil Narrative Stays Away From Dark Chapter

Brazil's Marinho clan, with a combined family fortune of $18 billion, is trying to move beyond a past that keeps popping up between the cracks of today's impeachment crisis.

By Blake Schmidt, Bloomberg News

12 minute read

August 26, 2016 | Daily Business Review

A $67,000 Home Robbery Exposes $500 Billion Problem in Argentina

The case of $67,000 stolen from Argentine Vice President Gabriela Michetti's house should have ended when her bodyguard was arrested. Instead, prosecutors have shifted to tracing the money's origin, making her a public example of the challenges President Mauricio Macri's faces in weaning the country off its reliance on cash, an age-old system that in many instances hides tax evasion.

By Charlie Devereux, Bloomberg News

9 minute read

August 16, 2016 | Daily Business Review

Julius Baer Said to Hire HSBC Bankers in Latin American Push

Julius Baer Group Ltd., Switzerland's third-largest wealth manager, hired several private bankers from HSBC Holdings Plc to bolster its Latin American business, said three people with knowledge of the matter.

By Giles Broom and Jan-Henrik Foerster, Bloomberg News

5 minute read

August 11, 2016 | Daily Business Review

Chile Investment to Go From Bad to Worse as Building Frenzy Ends

Chile's construction industry has prevented a slide in investment turning into a slump in the past few years amid a boom in home building. Next year will be a different story.

By Laura Millan Lombrana, Bloomberg News

5 minute read

August 10, 2016 | Daily Business Review

Mexico's Richest Man Wants a Three-Day Workweek

Carlos Slim thinks his plan will spur on economies with more tourism, entertainment, and culture.

By Patricia Laya, Bloomberg News

10 minute read

August 09, 2016 | Daily Business Review

Ortega Back to His Old Ways in Nicaragua's 'Dictatorship Lite'

Nicaraguan President Daniel Ortega is slipping back into a 1980s mindset, cracking down on opposition, amassing power and locking horns with the U.S. It's "dictatorship lite," said Adam Isacson, senior associate for regional security policy at the Washington Office on Latin America.

By Michael D. McDonald, Bloomberg News

7 minute read