Uruguay’s Rising Star

S&P restores Uruguay to investment grade, while Fitch boosts outlook to positive After raising its sovereign credit rating on Uruguay to BBB-/A-3 from BB+/B1 on April 3, S&P followed up with the same  boost to Citibank Uruguay’s global scale counterparty...

Colombia-US FTA Set to Go

With labor issues resolved, tariffs on US exports will fall starting May 15 The Summit of the Americas ended on a minor key, with headlines zeroing in on the continued exclusion of Cuba at the instance of the US and the bad behavior of US agents, while twitter...

Not So Invisible Hand Stirs Ethanol

Government policies shape biofuels markets Sometime around the middle of last year, the US surged ahead of Brazil to become the world’s highest-volume exporter of ethanol. According to the Department of Energy’s Energy Information Administration (EIA), the US boosted...