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Non-Tech : Invest / LTD
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To: heraclitus who wrote (6672)1/18/1999 1:10:00 AM
From: JHR  Read Replies (1) of 14427
 
Brazilian exposure. The magazine Latin Trade listed the following companies and what their % of revenues come out of Brazil:
Avon(33%)
Colgate Palmolive(27%)
American Airlines(19%)
Fiat(19%)
AES the power company(30%).
Strangly enough he didn't mention G,KO, or PEP which I would think would have made the hit parade.

It was written by the editor.. He also made a remark that the 41 Billion bailout that the US started in November would just be the first payment. He said when Mexico was bailed out in 94/95 it took $50 Bil and was started the year before with $7Bil. I guess that extrapolates out to about $300 bil for Brazil and a new version of NAFTA which is what Clinton has been after with the fast track authority and FTAA.

*** edit*** Oops, In rereading he's referring to the Latin American region not just Brazil.
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