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Paul Singer, founder and co-CEO of Elliott Management Corp, on Argentina's settlement of debt to bondholders: “The rule of law is not a liability for a country. It is an asset."  (Photo: World Economic Forum)
Tuesday, December 13, 2016
Quoted

Latin America Business 2016: Best Quotes


The best quotes of the year in Latin America business.

 

BY LATINVEX STAFF


The editorial staff of Latinvex selects the best quotes of the year relating to Latin America business. (For Trump-related quotes, see Best Quotes on Trump).  

 

"If you were a McDonald’s employee, listen to me, you would never be voted employee of the month."
Venezuelan Foreign Minister Delcy Rodriguez, attacking OAS Secretary General Luis Almagro, as quoted by The Guardian, June 23, 2016.

"One day I will write a book about being a businessman in Argentina without dying in the attempt."
Alfredo Coto, owner of Supermercados Coto, quoted by La Nacion, August 9, 2016.

"Former President Hugo Chávez replaced ‘neo-liberal’ economics with neo-stupid economics."
Charles Shapiro, president of the World Affairs Council of Atlanta, as quoted by the Inter-American Dialogue's daily Latin America Advisor, July 25, 2016.

"We’re giving Argentine businessmen four years to go to the gym, train, prepare themselves so that in four years they can go out to the ring."
Argentine Finance Minister Alfonso Prat-Gay, on the gradual lifting of protectionist measures, as quoted by Bloomberg, August 3, 2016

 "In Brazil, everything is possible but nothing is probable."
Roberto Setubal, President and CEO of Brazil's top private bank Itau Unibanco, as quoted by Reuters 13, March 2016

“The rule of law is not a liability for a country. It is an asset."  
Paul Singer, founder and co-CEO of Elliott Management Corp, on Argentina's settlement of debt to bondholders, in The Wall Street Journal, April 24, 2016

“It’s hard to talk business when the person across from you will go to jail."
Claudia Castro, senior analyst at OppenheimerFunds, on the impact of the growing Petrobras corruption scandal, said at an event organized by the Brazilian-American Chamber of Commerce in New York, as quoted by Bloomberg, January 27, 2016

"Number 10 used to mean Pele. Now it’s inflation rate, unemployment rate and the popularity rate of the president."
Alberto Ramos, the chief Latin America economist at Goldman Sachs, said at an event organized by the Brazilian-American Chamber of Commerce in New York, as quoted by Bloomberg, January 27, 2016.

"This is a rather unusual coup. She is going to the U.N. to denounce a coup but handing over power during her trip to the man she says is trying to overthrow her."
Brazil Vice President Michel Temer's spokesman Marcio de Freitas, on President Dilma Rousseff, as quoted by Reuters, April 20, 2016.

"Like asking a starving person to eat less."
David Enriquez, a Mexico-city based partner at energy consultant Goodrich Riquelme & Asociados, on the government's request that Pemex trim costs at a time of mounting debt and sunken crude prices, as quoted by Bloomberg, Feb. 9, 2016.

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LATIN AMERICA BUSINESS: YEAR IN REVIEW

Latin America Business: Best in 2016 

Latin America Business: Worst in 2016 

 

Latin America Business: Best Quotes in 2016 

Latin America Business: Quotes on Trump in 2016