Americas

Headlines

There has never been a better time for Latin American integration

IT IS Saturday lunchtime, and about 30 trucks are parked at each of the customs posts on either side of the bridge across the broad Uruguay river that marks the border between Argentina and Uruguay. Both countries are members of Mercosur, a would-be customs union that also embraces Brazil and Paraguay. In theory, internal borders should not exist...

Coca-growing in Colombia is at an all-time high

THE hills surrounding Sinaí, a village in south-west Colombia, are blanketed in a green patchwork, ranging from the bright chartreuse of coca-plant seedlings to a darker clover colour that indicates the leaves are ripe for picking and processing into cocaine. It is areas like this that have helped to boost Colombia’s estimated cocaine output...

Floods in Peru are just the latest blow to its economy

Time for a clean-up MORE than 75 people have been killed, and more than 100,000 left homeless, as Peru’s coast has been battered by the strongest rains seen in decades. Millions are without running water; more than 2,000km of roads and at least 175 bridges have been destroyed. The devastation has been caused by a “coastal El Niño”, a localised...

As Cuba’s economy flat-lines, retirement has become notional

NORBERTO MESA, a 66-year-old grandfather, stands in the hot sun 11 hours a day, six days a week, guiding cars in and out of the parking spaces in front of a bustling farm stand. The 4,000 Cuban pesos ($170 at the official exchange rate) he earns each month in tips is more than ten times his monthly old-age pension of 340 pesos. Without it, the...

A Brazilian meat scandal damages the country’s two global producers

The steaks are high EVEN amid Brazil’s pungent stew of recent big corporate scandals, the latest is particularly stomach-turning. On Friday March 17th, in time for a traditional weekend churrasco, or barbecue, the federal police accused some of the country’s biggest meat producers of bribing health inspectors to turn a blind eye to grubby practices....

Finance

GLC Advisors Strengthens Advisory and M&A Expertise with Addition of Senior Bankers

Addition of Several Industry Bankers Including Former St. Charles Capital Professionals Deepens Firm’s Expertise and Relationships Across Technology, FIG, Consumer, Retail and Energy IndustriesGLC Advisors & Co., LLC (“GLC Advisors”) is pleased to welcome nine seasoned M&A professionals, including former Partners and professionals of Denver based...

Columbia Threadneedle opens office in Chile

Columbia Threadneedle Investments has opened its first Latin American office in Santiago, Chile. As its first proprietary distribution hub for the Andes (Chile, Peru and Colombia), the new office will serve the asset manager’s institutional and wholesale clients in the region. Columbia Threadneedle has also appointed Santiago Zarauza Riestra...

TCA Fund Management Group Seeks New Opportunity Among Under-Served Small And Middle Market Developing Companies

Specialist finance and advisory firm TCA Fund Management Group Corp. (‘TCA’) announced its intention to launch a small-cap private equity fund to invest in under-served growth stage companies, primarily in the US and UK. TCA Opportunities Fund I, LP, registered with the Guernsey Financial Services Commission will seek just to target 15 to...

Baird and BR Partners announce investment banking alliance

Baird, an employee-owned, international financial services firm, and BR Partners, a leading independent investment bank in Brazil, today announced a strategic alliance for investment banking services, with an initial focus on cross-border mergers & acquisitions (M&A) between Brazil and Europe, and Brazil and the U.S. Through the alliance, the...

​Despite positive outlook, new research from State Street reveals asset owners, managers lack readiness for blockchain

New research from State Street Corporation (NYSE:STT) on blockchain, the distributed ledger that maintains a continuously growing list of data records which are hardened against tampering and revision, unveils that while a majority of asset owners and asset managers (57 percent) expect it to be widely adopted in the investment industry in the next...

Legal

3 Exciting, Promising Trends in Law and Technology

When it comes to technology, the legal industry isn't known for being an early adopter. But after years of dragging their feet, many firms have now started to embrace legal tech, even if that embrace is a bit tepid. There are legal tech conferences, legal tech blogs (ahem), legal tech gurus. The field is exploding with startups in everything from legal...

Retail Apocalypse Means Business for Employment Counsel

Retail apocalypse.It conjures up images of angry workers, desolate parking lots, dogs and cats living together ...Well, angry workers and desolate parking lots will be at the mall closures for sure. Dogs and cats living together, only if a pet store chain is closing.In any case, the retail apocalypse is coming and it's not going to be pretty. More than...

Spaces Are the New Frontier in the Lawyer Writing Wars

Lawyers love to get worked up about obscure grammar and style rules, almost as much as they like to get in a huff over obscure laws. (Emoluments, anyone?) There's the long-running fight pitting case law aficionados against the caselaw'ers. A recent First Circuit ruling that was decided on the lack of an Oxford comma opened up a new front in that ongoing...

Is This the Greatest Judge You've Never Heard Of?

The legal profession is full of lionized legal minds. Most anyone who attended law school could rattle off a quick canon of great jurists: John Marshall, Learned Hand, Oliver Wendell Holmes, Louis Brandeis, Clarence Thomas, etc.But that list may be missing at least one name, the Sixth Circuit's Judge Damon Keith, who, at 94 years old, still serves on...

BigLaw's Naughtiest Lawyers: The Showdown

How's your March Madness bracket doing? If it's like mine, you've probably given up. Which is fine, since college basketball isn't what matters. The law matters. And when it comes to leaders in the legal field, we've got plenty of titans.We're not talking about the industry's biggest rainmakers here, nor the most innovative changemakers. We're talking...

Acq Lite

Norway raises reserve estimate of Barents Sea field

March 30 (UPI) -- The size of the oil reserves in the Goliat field in the Norwegian waters of the Barents Sea were revised higher because of new drilled wells, a regulator said.The Norwegian Petroleum Directorate said two wells drilled in the Snadd reservoir within the Goliat license area in the Barents Sea meant an increase in the estimates reserves...

Oil and gas projects in deep waters grow competitive

March 30 (UPI) -- On the heels of new developments in the Gulf of Mexico, a report finds the next breakout area for the recovering oil and gas sector may be deep water basins.A new report emailed from analytical group Wood Mackenzie finds the cost to break even on oil and gas projects in deep waters, the U.S. Gulf of Mexico in particular, has dropped...

U.S. Army picks AM General for Humvee sale to Iraq

March 29 (UPI) -- AM General received a $28 million contract modification from the U.S. Army to support the sale of 150 High Mobility Multipurpose Wheeled vehicles to Iraq.The vehicles, also referred to as HMMWVs or Humvees, are lightweight tactical platforms used to perform a variety of military functions. They can carry machine guns, tube-launched...

Simulator for F-35 naval test pilots ready to use

March 29 (UPI) -- An F-35 flight simulator from BAE Systems is ready for use by pilots in preparation for flight trials on Britain's new Queen Elizabeth-Class aircraft carrier.BAE Systems said the refurbished simulator comprises a cockpit moved by an electronic motion platform and a full representation of the ship's flying control tower, where a Landing...

Indian navy commissions first Mk IV-class Landing Craft Utility ship

March 29 (UPI) -- India's navy commissioned the first of eight MK IV-class Landing Craft Utility ships during a ceremony at Port Blair on Tuesday.The event was attended by several high-ranking Indian military officials, including Vice Admiral Bimal Kumar Verma.In a Facebook post, the service notes the vessel was indigenously designed and constructed....