Last Thursday, Dec. 10, Mauricio Macri took office as Argentina’s first non-Peronist president in more than a decade, promising to end policies of leftist populism and revive the country’s ailing economy. This significant change had a positive reception, particularly from…
What if Macri wins Argentina’s runoff election? Implications for multinationals
Mauricio Macri, the pro-business mayor of Buenos Aires, stumped Argentina’s ruling party with an unexpected strong showing in the presidential elections held on Oct. 25. Results from almost 90 percent of the votes showed that Macri took second place in…
What can multinationals expect from the post-FARC period in Colombia?
The Colombian government and the Revolutionary Armed Forces of Colombia (FARC) recently announced the outline of a peace agreement they hope to sign within the next six months. For the first time since the formal initial negotiations were launched in 2012, the…
Argentina’s upcoming elections: A mix of uncertainty and opportunity
Argentina’s presidential primary is over, and the stage is now set for October’s presidential and legislative elections. With the participation of 92.8 percent of the country’s registered voters, Argentina’s primary election results provide a good indication of how the actual election is…
Chile’s growth outlook weakens
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…