Chile has long been perceived as one of Latin America’s most reliable economic out-performers, but on July 7, the government announced a downward revision of growth forecasts for 2015, a development which changed many observers’ perceptions of Chile’s economic health. According to…
After a storm comes a calm in Chile
Two weeks ago, in an unprecedented decision, Chilean President Michelle Bachelet asked all her ministers to resign so that she could form a new and more trustworthy cabinet that would help her to promote the reforms that Chile needs to reignite…
Multinationals Brace for Economic Volatility in Colombia
Over the last few years multinationals have been increasingly prioritizing Colombia within their LATAM portfolios, particularly as other major markets like Argentina, Brazil and Venezuela fall into recession. However, as regional CFOs revise their FX forecasts across the region many…