Writing in the Financial Times, AS/COA Chairman of the Board William Rhodes warns of a coming market correction and recommends prudent lending and investing.
Just as the Mexican Senate was approving a groundbreaking federal pension reform law, the Americas Society and Council of the Americas (AS/COA) held its 2007 Mexico City Conference to look at Mexico’s role in the global economy. With over 180 private and public sector leaders in attendance, the conference, hosted in association with the Mexican Business Council of Foreign Trade Investment and Technology (COMCE), highlighted key reforms—including labor, energy, and fiscal reforms—to improve Mexico’s competitiveness.
“When you look at the statistics, we have lost jobs to China and India—countries where we do not have a freetrade agreement. So, it is not the free-trade agreements that cause the problem.”
Global Head of Equities at Grupo Santander Dario Lizzano believes 2007 will mark a fifth consecutive year of positive returns for regional equities and outperformance over both emerging and developed markets. Improvements in the region’s economic position are linked to both domestic and external factors.
Left-wing economist Rafael Correa’s come-from-behind victory over right-wing businessman Álvaro Noboa capped a roller-coaster campaign that proved to be full of surprises.
As the United States and Chile Free Trade Agreement (FTA) concludes its third year, commercial trade, both in products and services, has been a resounding success.