BRAZILIAN ECONOMY Brazil 'finfluencers' bring finance to the favelas 17-05-2023 15:05 So-called 'finfluencers,' or financial influencers, are going viral in Brazil, delivering financial education to the masses in a country known for its gaping inequalities.
ECONOMIC INDICATORS Foreign investment has slumped during Fernández presidency 08-05-2023 20:43 Tighter capital controls and economic uncertainty have led to a huge drop in foreign direct investment, according to a private report using Central Bank data.
BLOOMBERG – ANALYSIS Edward Porter: What Xi Jinping wants in Latin America 28-04-2023 11:29 China is not interested in turbocharging the region’s industrial development. But neither are its investments seeking to challenge the United States.
Lithium in Latin America Peru sees lithium mining opportunity in Chile’s statist plan 28-04-2023 11:14 Peru seeking a more active role in trying to lure lithium mining investments in light of Chile’s decision to take state control of all new projects of battery metal.
Food & energy Argentina secures US$500-million Saudi investment on food, energy 14-04-2023 08:46 State-run Saudi fund putting money into food and energy projects in Argentina, though details few and far between.
Copper boom? Argentina’s copper rush lures top power generator Central Puerto 07-03-2023 11:11 One of Argentina’s biggest power producers is trying to get in on the nation’s copper boom as the rush for key metals in the global energy transition accelerates.
BLOOMBERG - OPINION Eduardo Porter: Why Wall Street should like Latin America’s left 08-02-2023 09:22 The Latin American left does a better job than the right delivering on one of Wall Street’s favourite metrics: stock market returns.
Bloomberg Australian billionaire eyes investment in Argentina energy or mining 01-02-2023 23:50 Australian billionaire James Packer explored investment options during a dinner late last year at a race track in Buenos Aires with businessmen and politicians including Economy Minister Sergio Massa, according to sources.
Bilateral relations Lula and Fernández hail ‘new history’ as Argentina and Brazil reunite 27-01-2023 14:20 Brazil leader Luiz Inácio Lula da Silva underlined the significance of his visit to Argentina on Monday, declaring it marked “the beginning of a new history” between the two nations.
INVESTMENT IN ARGENTINA 2023: Interesting challenges for investors in the year to come 25-01-2023 12:56 Having a global vision helps us understand that there are economic problems that transcend borders and the mechanisms used to solve them have consequences in different geographies.
BLOOMBERG Rich investors pull out of Chile, leaving behind a US$50-billion hole 19-01-2023 14:45 Chile, Latin America’s stand-out economy for the better part of 50 years and a darling of Wall Street, is in many ways facing an existential moment.
MARKETS Venezuela’s nine-cent bonds lure a distressed-debt veteran 28-12-2022 14:16 Trader raising money to buy defaulted Venezuelan bonds amid signs of easing tensions between President Nicolás Maduro, the political opposition and the United States.
EDITORIAL Hanging in the balance (of powers) 26-11-2022 01:52 Argentina has very concrete problems resulting from the seemingly abstract factor of legal security.
Argentina Templeton’s Hasenstab exits Argentina bet after losing billions 15-11-2022 12:33 Firm’s retreat may complicate the rollover of large debt maturities due next year, squeezing the country’s tiny local market.
AGRICULTURE Uruguay farmers fend off droughts with soy technology, CEO says 08-11-2022 11:11 Farmers in Uruguay are withstanding climate change through investments in technology to fight droughts.
Grounded plane row Whirlpool touts bet on troubled Argentina as others steer clear 25-10-2022 14:38 Whirlpool is betting on demand for front-load washing machines in Latin America with a new state-of-the-art plant in Pilar.
Bloomberg Lionel Messi launches investment firm Targeting sports and tech 19-10-2022 10:51 Argentina captain and PSG star is creating a holding company to invest in sports, media and technology globally, reveals Bloomberg.
MARKETS Investors dodge Argentina bond pain by buying up YPF, provinces 27-09-2022 13:18 Quasi-sovereigns posting best returns in emerging markets; Meanwhile, Argentina’s sovereign bonds slumped more than 35%.
BLOOMBERG IDB boosts Latin America ESG bond campaign with US$1-billion push 12-07-2022 15:55 Inter-American Investment Corporation is helping companies in Latin America and the Caribbean bring about US$1 billion of environmental, social and governance bonds.
COLOMBIA ELECTIONS 2022 Jubilant Gustavo Petro elected Colombia's first leftist president 20-06-2022 14:35 Ex-guerrilla Gustavo Petro elected Colombia's first ever left-wing president after defeating millionaire businessman rival Rodolfo Hernández in run-off.
Latin America Ex-guerrilla takes on maverick in race to be Colombia's president 18-06-2022 01:20 A former leftist guerrilla and a millionaire businessman will go head-to-head on Sunday hoping to become the new president of Colombia.
Colombia Election 2022 Colombians set to vote in high stakes presidential run-off 17-06-2022 18:22 Colombians vote Sunday in a presidential run-off. Opinion polls have leftist Gustavo Petro and businessman Rodolfo Hernández neck-and-neck.
Bloomberg Tierra del Fuego pitches US$6-billion hydrogen dream 16-06-2022 11:04 Tierra del Fuego Province is trying to lure investments in hydrogen or ammonium, seeking to diversify its economy away from fossil fuels to tap the global clean-energy transition.
COLOMBIA ELECTIONS 2022 Colombian outsider makes run-off with real shot at presidency 31-05-2022 11:18 Rodolfo Hernández, who was little known at the start of the year, surged into Colombia’s presidential run-off – and he now has a real chance at winning against leftist rival Gustavo Petro.
BLOOMBERG Hunt for lithium sparks frantic rush into Argentina's mountains 24-05-2022 13:20 Looming shortage of lithium, key for electric vehicles, gives Argentina a chance to become a mining mecca.
BLOOMBERG Colombia’s number one banker has no fear of leftist front-runner 19-05-2022 08:00 Luis Carlos Sarmiento Gutiérrez would figure to be one of the people fretting the most about the looming election of the first left-wing leader in Colombia’s modern history. But, at least publicly, he betrays little angst about the outcome of the vote this month.
FOOTBALL IN SOUTH AMERICA Brazilian football clubs open doors to foreign investors 17-05-2022 10:45 After a century operating as non-profit associations, Brazilian clubs have started transforming their business models.
BLOOMBERG As rivals turn screws on mining, Argentina puts out welcome mat 11-05-2022 23:35 Government turns to capital-control loopholes and tax breaks, eyeing export boost as neighbours look to raise mine taxes.
AMCHAM SUMMIT 2022 Guzmán tells AmCham that Argentina needs ‘common sense,’ not ‘fairy tales’ 11-05-2022 01:19 Argentina’s economy minister addresses coalition tensions and inflation at AmCham summit; Opposition leaders Horacio Rodríguez Larreta and Patricia Bullrich pitch their visions to business leaders.
BLOOMBERG MercadoLibre posts record revenue, braces for macro jitters 06-05-2022 09:08 Latin American e-commerce retailer grew its revenue more than forecast in the first quarter; Company plans to invest some US$10 billion across the region this year.
BLOOMBERG How China beat out the United States to dominate South America 18-02-2022 22:29 It’s no secret that China has been pouring resources into South America this century, chipping away at the United States' historic dominance. But an important shift has gone largely unnoticed in the country's approach to the region: going local to expand and strengthen its financial grip.
BLOOMBERG Latin American unicorns are helping drive a regional hiring boom 10-02-2022 15:41 The number of tech, remote firms hiring more than tripled; Argentina, Brazil and Mexico attract the most new hires.
nuclear deal Argentina signs agreement to build fourth nuclear power plant 04-02-2022 03:22 New nuclear power plant, Atucha III, requires an investment of more than US$8 billion and will create 7,000 new jobs, according to the government. Announcement made on eve of president’s visit to China.
Bloomberg JPMorgan plans to hire 500 as it takes top spot in Latin America 26-01-2022 09:45 JPMorgan Chase & Co plans to hire more than 500 people in the region as it gains market share and builds on its success in acquisition finance.
BLOOMBERG – INTERVIEW Colombia presidential front-runner Gustavo Petro seeks global anti-oil bloc 17-01-2022 06:59 Colombia’s presidential front-runner Gustavo Petro is calling on ideological allies across Latin America and the world to join him in forming a new bloc to lead the economy away from fossil fuels.
MINING & ENVIRONMENT Argentina wants to triple mining exports, despite social conflicts 12-01-2022 22:31 Government introducing new incentives to grow the sector over next decade, but social and environmental organisations warn of impact. by Javier Lewkowicz, Diálogo Chino
LATIN AMERICA Gabriel Boric has the chance to rewire Chile – and Latin America’s left 10-01-2022 10:24 Once the region’s no-frills, free-market poster child, Chile needs more government spending, not less, to sustain its growth trajectory.
BLOOMBERG Argentine fintech start-up Ualá starts its own brokerage service 08-12-2021 08:51 Company to allow dollar purchases at parallel exchange rate; Start-up is ramping up investment after last funding round.
CRYPTOCURRENCIES Argentina begins taxing cryptocurrency, reversing old stance 17-11-2021 15:17 Transactions involving cryptocurrencies will be subject to government's tax on bank credit and debts, effective immediately.
BLOOMBERG Corporación América plans US$300-million Uruguay airport investment 12-11-2021 14:12 Airport operator Corporación América Airports SA is boosting its bet on Uruguay after receiving a 20-year extension on a key international airport there while beefing up its presence in the South American country with some smaller airfields.
BLOOMBERG Shell, YPF to invest US$300M at Vaca Muerta in next two years 05-11-2021 02:12 With a US$300-million investment, the companies hope to reach a production of 15,000 barrels per day by 2024 and employ 800 people.
Lithium in Argentina Argentina at crossroads over the future of its lithium sector 15-10-2021 16:56 Fernández administration wants to boost the state's role in lithium extraction and electromobility, but conflicts with local communities remain. by Javier Lewkowicz, Diálogo Chino
BUSINESS InvestBA helps push Buenos Aires onto international stage 27-09-2021 09:47 City Hall’s investment and trade promotion agency, better known simply as investBA, was created less than half a decade ago – but the agency is already making a name for itself on the international stage. by Sophia Moore-Smith
GUEST VOICE The challenge of reducing the gap between exchange rates 04-09-2021 10:39 Continuing the current chasm is a recipe threatening economic revival and halting investments. by Miguel Kiguel
ECONOMY The secrets of ITBA, the cradle of Argentina’s unicorns 27-08-2021 21:17 Luis Paolini directs Business Management at the Instituto Tecnológico de Buenos Aires (ITBA), teaching a select group of around 30 students with a priority on critical mentality. by Lorena Rodríguez
BLOOMBERG In oddball Argentina, provinces seen as safer than sovereign 23-08-2021 13:10 Over the past three months, overseas bonds issued by provinces have handily outperformed sovereign counterparts, cementing their status as the preferred choice for investors.
ECONOMIC INDICATORS Foreign investment in Latin America plummets, says UN 05-08-2021 15:24 Foreign investment in Latin America plummeted 35% in 2020 compared to the previous year, says UN regional commission on economic cooperation. Argentina suffered a fall of 39.7%, according to report.
Startups Venture capital surge delivers record for 'unicorn births' 08-07-2021 11:41 According to a report by US-based firms, startups globally raised $156 billion between April and June, the highest level in a decade for the second quarter.
Cryptocurrencies A crypto-revolution in Argentina 12-06-2021 00:17 Argentina’s economy is prime breeding ground for the crypto-world. And the populist promise of cheap energy here is a crypto-miner’s dream. by Agustino Fontevecchia
Cryptocurrency Bitcoin sinks and approaches US$30,000 08-06-2021 17:00 The price of bitcoin fell sharply on Tuesday by 8.6% to a value of $31,501, a level not seen since mid-May, dragging other cryptocurrencies in its wake.