Ecuador Vice President ‘Does Not Know’ If Country Will Pay Debt

By Nathan Gill      Dec. 11 (Bloomberg) — Ecuador’s Vice President Lenin Moreno comments on the country’s debt. Moreno spoke to reporters today in Santiago. On whether Ecuador will pay its foreign debt:      “This is the president’s decision, frankly. I don’t know. There are many factors to consider. We have decided that it is… Read More Ecuador Vice President ‘Does Not Know’ If Country Will Pay Debt

Marine Shippers May Cancel Up to 30% of Booked Orders, Pan Says

By Nathan Gill      Dec. 3 (Bloomberg) — Stephen Pan, president of Hong Kong-based World-Wide Shipping Agency Ltd., comments on potential order cancellations by overseas shipping companies.      Pan was interviewed today at the Latin American International Conference on Naval and Maritime Defense in Valparaiso, Chile. On the cancellation of overseas shipping contracts:      “For… Read More Marine Shippers May Cancel Up to 30% of Booked Orders, Pan Says

Chile Central Bank Sells $160 Million in Dollar Swaps to Banks

By Nathan Gill      Dec. 2 (Bloomberg) — Chile’s central bank sold $160 million in dollar swaps to banks, part of a six-month, $5 billion program.      Banks were awarded the swaps at an average rate of 1.06 percentage points above Libor, the London interbank offered rate, the central bank wrote on its Web site.… Read More Chile Central Bank Sells $160 Million in Dollar Swaps to Banks

Chile Advisers Recommend Change in Sovereign Fund Investments

By Nathan Gill      Dec. 1 (Bloomberg) — A Chilean financial committee that advises Finance Minister Andres Velasco recommended the government revise investment policies for its sovereign wealth fund.      Chile’s government should postpone implementation of policies that would use 15 percent of accumulated reserves to purchase stocks and 20 percent to buy corporate bonds… Read More Chile Advisers Recommend Change in Sovereign Fund Investments

Chile Equity Movers: Colbun, Copec, CMPC, Masisa, Multiexport

By James Attwood and Nathan Gill      Nov. 25 (Bloomberg) — The following companies had unusual price changes in Chilean trading. Stock symbols are in parentheses, and share prices are as of 3:44 p.m. in New York.      The Ipsa index fell 0.2 percent to close at 2,413.01.      Colbun SA (COLBUN CC) gained for… Read More Chile Equity Movers: Colbun, Copec, CMPC, Masisa, Multiexport

Santander Chile Rises on Recommendation, Citigroup (Update1)

By James Attwood and Nathan Gill      Nov. 24 (Bloomberg) — Banco Santander Chile rose the most in five weeks in Santiago after JPMorgan Chase & Co. recommended owning Chilean banking stocks and the U.S. rescue of Citigroup Inc. eased investor concerns about the global financial system.      The country’s biggest lender rose 8.8 percent… Read More Santander Chile Rises on Recommendation, Citigroup (Update1)

Chile Retailer Cencosud Rises After Pricing Shares (Update3)

By James Attwood and Nathan Gill      Nov. 19 (Bloomberg) — Cencosud SA rose for the first time in three days in Santiago trading after pricing new shares at a 12 percent premium to yesterday’s closing price.      Chile’s biggest retailer advanced 2.1 percent to 1,005 pesos, recovering most of the ground lost in the… Read More Chile Retailer Cencosud Rises After Pricing Shares (Update3)

Argentina Vows to Maintain Value of Pensions’ Stocks (Update1)

By Nathan Gill and James Attwood      Nov. 14 (Bloomberg) — Argentina will defend the value of domestic stocks currently held by private pension funds once the retirement system is nationalized, according to the head of the country’s social security agency.      “The first thing is to maintain their value because it is Argentine capital… Read More Argentina Vows to Maintain Value of Pensions’ Stocks (Update1)

Chile’s Concha Rises After Addition to MSCI Index (Update2)

By James Attwood and Nathan Gill      Nov. 12 (Bloomberg) — Vina Concha y Toro SA, Chile’s biggest wine exporter, rose the most this year in Santiago after it was added to an emerging-markets index and a weakening local currency signaled higher export revenue.      The Santiago-based winemaker gained 6.1 percent to 987 pesos, the… Read More Chile’s Concha Rises After Addition to MSCI Index (Update2)

Socovesa Rises on $1.15 Billion Chilean Aid Program (Update1)

By Nathan Gill      Nov. 4 (Bloomberg) — Socovesa SA, Chile’s biggest homebuilder, rose the most in three weeks after the government announced plans to spend $1.15 billion to help the economy withstand the global financial crisis.      Shares advanced 5.7 percent to close at 92.99 pesos, the biggest gain since Oct. 13.      Chile’s… Read More Socovesa Rises on $1.15 Billion Chilean Aid Program (Update1)

Chile’s Banco Santander Says High Inflation Slows Loan Growth

By Nathan Gill     Oct. 30 (Bloomberg) — Banco Santander Chile, the country’sbiggest lender, said consumer lending has slowed as higherinflation hurt lower-income customers.     Raimundo Monge, corporate director of strategy and financialplanning at the bank, said the company will compensate forfalling revenue from personal lending by focusing on moreaffluent consumers as well as local corporations.     “We… Read More Chile’s Banco Santander Says High Inflation Slows Loan Growth

MY FIRST CORRECT: Soquimich Comercial Nine-Month Net Rises (Correction)

      (Corrects company name in first paragraph.) By Nathan Gill     Oct. 28 (Bloomberg) — Soquimich Comercial SA, a Chileanfertilizer maker, said profit more than tripled for the firstnine months of this year as prices for its products rose.     Net income rose to 9.08 billion pesos ($13.4 million) from2.78 billion pesos a year earlier, the Santiago-based… Read More MY FIRST CORRECT: Soquimich Comercial Nine-Month Net Rises (Correction)

Chile’s Cencosud Delays Projects Due to Credit Crisis (Update1)

By Nathan Gill     Oct. 23 (Bloomberg) — Cencosud SA, Chile’s biggestretailer, has delayed some projects because of the credit crisis,Chief Executive Officer Laurence Golborne said.     Cencosud’s home-improvement chain Easy has been “affected”by the global economic slowdown and is revising its investmentplans for 2009, he said.     “We have delayed a series of projects and we are… Read More Chile’s Cencosud Delays Projects Due to Credit Crisis (Update1)

Latin America Needs Market Confidence, IOSCO’s Tanzer Says

By Nathan Gill     Oct. 22 (Bloomberg) — Greg Tanzer, secretary general of theInternational Organization of Securities Commissions, comments onregulation and transparency in Latin American markets. Tanzerspoke at an interview in Santiago. On steps Latin American securities regulators should take toimprove their markets:     “For Latin American securities regulators, and forregulators in other parts of the world… Read More Latin America Needs Market Confidence, IOSCO’s Tanzer Says

Chile’s Central Bank May Sell Dollars If Needed, Corbo Says

By Nathan Gill     Oct. 16 (Bloomberg) — Chile’s former central bank PresidentVittorio Corbo comments on the effect of the financial crisis onChile’s economic outlook. Corbo spoke to reporters after aseminar in Santiago today. On the possibility that the Chilean central bank will selldollars to increase the value of the peso:     “The central bank will evaluate… Read More Chile’s Central Bank May Sell Dollars If Needed, Corbo Says

Chilean Retailer D&S Rises on Acquisition Speculation (Update2)

By Nathan Gill     Oct. 15 (Bloomberg) — Distribucion y Servicio D&S rose inSantiago trading, helping limit a decline in Chile’s main stockindex, on speculation it will be acquired by another retailer.     D&S, which operates Chile’s biggest supermarket chain,climbed 3.7 percent to 195 pesos. A 19 percent gain so far thisweek is the steepest weekly rise… Read More Chilean Retailer D&S Rises on Acquisition Speculation (Update2)

Santander Chile Extends Rally as Credit Concern Eases

By Nathan Gill     Oct. 14 (Bloomberg) — Banco Santander Chile, the country’sbiggest lender, extended its biggest gain in a decade in Santiagoas analysts recommended buying the shares on valuation and as theU.S. bank bailout plan eased credit concerns.     Santander gained 12 percent to 21 pesos, after surging 14percent yesterday in the steepest rally since shares… Read More Santander Chile Extends Rally as Credit Concern Eases

Cencosud Extends Gain on Plans to Shore Up Finances

By Nathan Gill     Oct. 14 (Bloomberg) — Cencosud SA, Chile’s biggestretailer, extended its steepest gain in four years in Santiagotrading after Banco Santander SA said a plan to raise capital mayreduce the company’s financial “uncertainty.”     The shares rose 9.8 percent to 1,100 pesos after jumping 15percent yesterday in the biggest gain since trading began in… Read More Cencosud Extends Gain on Plans to Shore Up Finances

Chilean Pension Funds Suffer Worst Declines Since Asia Crisis

By Nathan Gill     Oct. 10 (Bloomberg) — Chile’s pension funds have sufferedtheir worst losses this year since the Asian financial crisis ofa decade ago, Alejandro Charme, the country’s superintendent ofpensions, said.     All of Chile’s pension funds have dropped, with the“riskiest” plans suffering losses of about 25 percent this yearthrough Sept. 30, Charme said. Plans with… Read More Chilean Pension Funds Suffer Worst Declines Since Asia Crisis

Telefonica Chile Falls After Purchase Offer Rejected (Update4)

By Nathan Gill and James Attwood      Oct. 7 (Bloomberg) — Cia. de Telecomunicaciones de Chile SA fell to the lowest in a month in Santiago trading after minority shareholders blocked an offer by controlling shareholder Telefonica SA to buy shares it doesn’t already own.      Telefonica Chile, as the country’s biggest fixed-line carrier is… Read More Telefonica Chile Falls After Purchase Offer Rejected (Update4)

Chile Stocks May Gain on Slower Inflation: JPMorgan

By James Attwood and Nathan Gill      Sept. 23, 2008  (Bloomberg) — Chile, the best-performing Latin American stock market this year, probably will remain a relative safe haven and may benefit from easing inflation, JPMorgan Chase & Co. said.      Chile’s Ipsa index has fallen 10 percent this year, about half the decline of Brazil’s… Read More Chile Stocks May Gain on Slower Inflation: JPMorgan

Chile’s Cap Rebounds as Analysts Cite Inexpensive Stock, Profit

By James Attwood and Nathan Gill      Aug. 14, 2008 (Bloomberg) — Cap SA, Chile’s biggest iron-ore and steel producer, rose for the first time in six days in Santiago trading after analysts said the stock was undervalued and that rising metal prices may keep boosting earnings.      Cap climbed 1.9 percent to 18,270 pesos… Read More Chile’s Cap Rebounds as Analysts Cite Inexpensive Stock, Profit

Andina Rises as Brazil Growth Signals Increased Sales

By Nathan Gill      Sept. 10, 2008 (Bloomberg) — Embotelladora Andina SA, which distributes Coca-Cola products in Chile, Brazil and Argentina, gained the most in two months in Santiago trading on prospects of increased sales of its soft drinks, after Brazil said its economy is expanding faster than economists estimated.      Andina rose 3.5 percent… Read More Andina Rises as Brazil Growth Signals Increased Sales

Vapores Falls on Concern Costs Will Rise, Demand Slip

By Nathan Gill and James Attwood      Aug. 20 (Bloomberg) — Cia. Sudamericana de Vapores SA, Latin America’s biggest container ship company, fell to the lowest in a month in Santiago trading on speculation that rising costs and falling demand will reduce earnings.      Vapores declined 2 percent to 705 pesos, the lowest since July… Read More Vapores Falls on Concern Costs Will Rise, Demand Slip

Sigdo Koppers Rises After Disclosing Peru Sale Profit

By Nathan Gill and James Attwood      Aug. 18, 2008 (Bloomberg) — Sigdo Koppers SA, which controls Chile’s largest explosives maker, rose to the highest in two months in Santiago trading after announcing a $23.2 million pretax gain from the sale of assets in Peru.      Sigdo Koppers climbed 2.6 percent to 390.1 pesos, the… Read More Sigdo Koppers Rises After Disclosing Peru Sale Profit

Tenaris Falls Most Since 2003 as Commodities Decline

By Nathan Gill      Aug. 11, 2008 (Bloomberg) — Tenaris SA fell the most since April 2003 in Buenos Aires on speculation a stronger U.S. dollar will hurt commodity prices and curb demand for its products.      The world’s biggest supplier of seamless pipes used by oil and gas producers retreated 8.2 percent to 78… Read More Tenaris Falls Most Since 2003 as Commodities Decline

Sexuality and Marriage in Colonial Latin America: Asunción Lavrin

Asunción Lavrin’s edited volume, Sexuality and Marriage in Colonial Latin America, presents a series of perspectives on what Lavrin calls the “conquest of the mind,” the means through which the Spanish state and Catholic Church sought to maintain control over colonial society. The authors challenge received understandings of the region’s early history by showing the… Read More Sexuality and Marriage in Colonial Latin America: Asunción Lavrin