When researching the annual focus on Latin American capital markets activity the toughest part of Euromoney’s trip to New York has been the 40-odd degrees of centigrade that are lost in the nine-hour flight from São Paulo.
This year, despite the visit coinciding with the ice storm that battered Manhattan in mid-February, testing the resilience of correspondents whose blood has been thinned by heat waves in Brazil, it was the frozen markets that were the biggest problem.
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