Venezuela

Picking up from where we left off in Tuesday's Latin America Daily Financial Alert (May 18), our bearish stance on LatAm equities remains firmly in place. Rising uncertainty in global... 2010-05-20

The Venezuelan stock market has come under some corrective pressure in recent weeks, undoing much of the thrust seen in the immediate aftermath of the bolivar devaluation. The benchmark... 2010-02-26

Our long-held view that investors have underpriced the risks of policy-induced turbulence in Venezuela have been vindicated this week, with a significant sell-off in the country's... 2009-12-04

BMI View: Tensions between Venezuela and Colombia remain heightened, due to the formers' belligerent rhetoric and recent destruction of bridges straddling the border. Although the... 2009-11-27

BMI View: Third quarter GDP figures show significant lingering headwinds in the Venezuelan economy, both in the oil and non-oil sectors. Given deepening macroeconomic asymmetries... 2009-11-18

Our suspicion that the gravity-defying rally in Venezuela's outstanding international bonds would eventually be subjected to the laws of physics appears to be playing out. The yield... 2009-11-17

BMI View: Although the economy may be enjoying some temporary tailwinds at the moment due to higher oil prices, structural policy-induced imbalances, are, if anything, getting more... 2009-11-12