cryingWhat do a Mexico tortilla maker and a Chilean wood panel manufacturer have in common with Colgate-Palmolive and Telefonica?

Answer: they all have sizeable operations in Venezuela and their shares are feeling the squeeze after the government of Hugo Chávez announced a surprise devaluation on Friday. Read more

Doing business in partnership with Hugo Chávez does not usually go hand-in-hand with pleasing the market.

Yet investors piled into Chilean forestry and wood panel company, Masisa, on Monday after the Venezuelan president announced plans to create a joint-ventureRead more