By the Blouin News Business staff

Posts Categorized: Americas

Morales scares off more potential partners

by in Americas.
Bolivian President Evo Morales
Bolivian President Evo Morales. AFP/Getty Images/LLUIS GENE

Bolivia’s left-wing president Evo Morales has long said that when it comes to foreign investors, he wants partners not owners. He does, though, want to ensue that Bolivia is the owner when it comes to strategic industries. His latest nationalization of two power distributors, Spanish-owned Empresa de Electricidad de La Paz, or Electropaz, and Empresa de Luz y Fuerza de Oruro, or Elfeo, follows…

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Private investment finds Brazil less welcoming

by in Americas.
Brazilian President Dilma Rousseff seen on November 19, 2012.
Brazilian President Dilma Rousseff. AFP PHOTO / DOMINIQUE FAGET

Brazil’s economy is sputtering. Two years ago it was one of the fastest growing in the world. This year, GDP growth will likely be barely 1%. A scattershot of measures from an increasingly interventionist government to stimulate growth is stoking inflation more than output. Third quarter GDP growth, at 0.6% quarter-on-quarter, was well below expectations while prices are rising at their fastest…

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