LATIN AMERICA UN: Foreign direct investment in Latin America to fall by up to 55% 02-12-2020 13:39 Foreign direct investment in Latin America will fall by up to 55% in 2020, the UN's regional economic commission said Wednesday.
BLOOMBERG China’s state grid makes a US$3-billion push into Latin America 13-11-2020 13:53 State Grid Corp of China will pay 2.57 billion euros for an electricity network company in Chile, its first overseas deal in almost a year and a move that resumes its expansion abroad.
SHALE PLAY Vaca Muerta gets US$5.1-billion lifeline 24-10-2020 08:48 New subsidy programme hopes to lure US$5 billion of investments and a dozen drill rigs, says Energy Secretary Darío Martinez.
Bloomberg Guzmán says Argentina mulling changes to tax, social security systems 22-10-2020 01:36 Argentina is considering changes to its tax and social security structures as part of a plan to address economic imbalances, Economy Minister Martín Guzmán reportedly told a group of investors last week.
Energy Fernández unveils plan to boost production at Vaca Muerta 17-10-2020 08:05 President Alberto Fernández says Argentina wants energy firms to invest some US$5 billion to boost hydrocarbon production and generate jobs in the country’s prized Vaca Muerta shale deposits.
Bloomberg Argentina expands tech companies’ incentives amid recovery push 10-10-2020 20:35 Government expands benefits to its burgeoning tech sector in an effort to boost much-needed foreign investment and exports.
BLOOMBERG – ANALYSIS Rout in billionaire family's bonds shows no-one trusts Argentina 25-09-2020 11:55 For all of Argentina’s assurances that a round of capital controls announced last week are only temporary, investors are making the opposite bet – and the evidence is there for all to see.
FORMER PRESIDENT RE-EMERGES Why Macri re-appeared and broke his silence 19-09-2020 10:13 Former president returns to prominence with scathing La Nación column. Sources close to the PRO leader describe his view of Cristina, Alberto and the opposition coalition. by Ezequiel Spillman
Budget proposal Fernández's first Budget projects 5.5% growth in 2021 16-09-2020 01:17 Government's budget bill forecast for 2021: economic growth of 5.5%, primary fiscal deficit of 4.5%, inflation at 29% and 102 pesos per dollar.
DEBT RESTRUCTURING Creditors reiterate support for debt swap 22-08-2020 10:05 Ad Hoc Group of Argentina Exchange Bondholders says members will be entering Argentina’s debt swap proposal to the tune of almost US$5 billion on Monday.
SINO-ARGENTINE RELATIONS Alberto Fernández planning 'strategic trip' to China in November 19-08-2020 22:44 Peronist leader eyeing potential trip to Asian powerhouse in November. Multi-billion-dollar agreements and the coronavirus pandemic lead agenda for talks with Argentina's leading trade partner. by Juan Luis González
Bloomberg Negative-yielding corporate bonds are all the rage in Argentina 30-07-2020 14:21 Argentine companies issued a record US$596 million of dollar-linked bonds domestically in the past two months, and about a third now pay negative yields. Investors, nevertheless, are lapping them up.
BLOOMBERG Moon-shot bets on junk power bond in Argentina bring a windfall 22-07-2020 11:57 Amid a minefield of underperforming and already defaulted debt, notes from power producer MSU Energy are outshining all others.
GLOBAL PANDEMIC Uruguay rides out Covid threat without imposing a lockdown 04-07-2020 09:30 "Freedom with responsibility" has been the name of the game in Argentina’s small neighbour – the country has less than 1,000 registered cases and less than 30 deaths.
BLOOMBERG - OPINION Good behaviour won't deliver Argentina from economic pain 03-06-2020 15:50 Argentina deserves debt relief, but also a credible way forward. The country still needs a path to growth, new investment and the prospect of fiscal reasonableness beyond the pandemic – and that is where the road map ends. by Mac Margolis
BLOOMBERG Default prompts a Paul Singer sequel in credit default swap decision 27-05-2020 16:30 Paul Singer's investment firm Elliott Management Corp is one of 14 companies that will decide whether credit-default swaps were triggered by last week’s failure to meet a payment deadline.
environment Uruguay renegotiates US$3-billion pulp plant deal with Finland's UPM 17-05-2020 08:27 Environmentalists have raised concerns over the plant's impact on Uruguay River, while Argentina lost a challenge in the International Court of Justice.
DEBT RESTRUCTURING Cristina raises stakes for Argentina's crucial talks with IMF 15-02-2020 09:17 Vice-president lays into IMF, as government officials welcome mission team to Argentina.
Bloomberg Clean energy boom threatened by Argentina’s free-market fizzle 28-01-2020 12:50 Macri-era investment into clean energy along Argentina's Atlantic coast will be difficult to sustain in current economic climate, writes Jonathan Gilbert.
ENERGY Vaca Muerta waits for Alberto’s calling 16-11-2019 10:00 Vaca Muerta is no longer a dream, but by no means is it the only solution to Argentina’s chronic economic problems. by Agustino Fontevecchia
Bloomberg Troubled times in Latin America fail to dull Brazil's sheen 06-11-2019 13:56 For all its political woes and still-stale economy, Brazil is standing out to investors as an unlikely island of stability as trouble brews across Latin America.
BLOOMBERG Investor warns narrow path for Argentina to avoid 'vulture' funds 04-11-2019 08:58 Alberto Fernández risks a repeat of the 2001 debt crisis that led to a messy 15-year legal battle with creditors unless he can quickly restructure US$50 billion of bonds, warns Delta Asset Management's Christian Cavanagh.
BLOOMBERG Alberto Fernández aiming for higher tax take from wealthy individuals 30-09-2019 07:00 “Companies pay taxes, not individual persons. They do not pay for their wealth. And that must be changed,” Fernández said. “So what we have to do is focus on those taxpayers and ask them to help."
UN GENERAL ASSEMBLY Government confirms Macri will attend UN General Assembly 09-09-2019 14:24 Officials say president will leave for New York on September 21 for meetings with investors ahead of UN event. Macri likely to seek meetings with China's Xi and US President Trump.
BILATERAL RELATIONS Colombia's Duque searching for trade, investment on trip to Argentina 10-06-2019 00:22 Colombian leader had dinner with President Macri on Sunday night after arriving in Buenos Aires. Monday's activities will be focused on trade and investment opportunities.
BLOOMBERG Investors seek relief as trade threats rock emerging markets 04-06-2019 13:37 The first major signs that Argentina is recovering from a recession may appear in construction and industrial activity data for April on Wednesday. But amid rising global risks, such as Brazil’s slowdown, the numbers could instead confirm fears of a delayed or weak recovery.