Showing posts with label foreign investors. Show all posts
Showing posts with label foreign investors. Show all posts

05 September 2009

Foreign Investors Question Uribe Third Term.

COLOMBIA REPORTS.COM.
"Uribe has done a very good job but no matter how good he is, there is a time to step aside," said Nick Padgett, managing director at Chicago-based Frontaura Capital, which invests in frontier markets. "Whenever presidents move to change the constitution to allow them stay it's almost always a terrible idea.The experiences of Russia and Venezuela showed that modifying the constitution to benefit one person ends "badly," Padgett added.