News Argentina Investment: AS/COA Promotes Investment in Argentina Along with Senior Officials in New York
On the sidelines of Argentina Week, AS/COA held a private luncheon. Then, at the summit, President and CEO Susan Segal moderated a panel on deregulation.
News Argentina Investment: Coca-Cola’s Argentina Investment And AI Push Shape Growth And Valuation
Coca Cola (NYSE:KO) plans to invest $1.4b in Argentina. The investment is aimed at expanding growth and manufacturing capacity in the country. The company is also focusing on international expansion, portfolio diversification, and use of digital technology and AI in its operations. Coca Cola, the global beverages group behind its flagship soda brand and a wide range of non alcoholic drinks, is leaning further into international markets with this new commitment to Argentina. For investors,...
News Argentina Investment: Petrobras leaving Argentina to seek more profitable investments
Brazilian oil company Petrobras Friday announced its intention to leave Argentina and has therefore launched the sale of its stake in Posa, its local subsidiary, which holds a 33.6 % of the Río Neuquén Field.
News Argentina Investment: Lessons from Argentina's World Cup victory
Argentina has a tremendous amount of human capital. In theory, that should have led to a thriving economy. What, then, explains the country’s recurring macroeconomic crises? The best explanation is Argentina’s inability to gain and sustain competitiveness without periodically implementing large nominal exchange-rate devaluations
News Argentina Investment: Argentina's central bank to mull rate cuts in early 2023 -source
BUENOS AIRES, Dec 29 (Reuters) - The Argentine central bank will consider the possibility of cutting its benchmark interest rate in early 2023, a source with knowledge of the matter said on Thursday, as policymakers see cooling inflation in the coming months. The South American nation has been grappling with soaring prices amid a severe economic crisis, with high inflation, expected to hit around
News Argentina Investment: Analysis: Argentina's Vaca Muerta shale boom is running out of road
Argentina's booming shale production in Vaca Muerta, a formation that rivals the United States' Permian Basin, is at risk of running out of road as infrastructure to handle the oil and gas nears capacity, threatening to put the brakes on rapid growth.
News Argentina Investment: US favors supplying Argentina with vintage F16s to counter Chinese influence and despite UK's objection
A leading US Navy think tank feels it is imperative for the US to pay close attention to the South Atlantic given China's growing trade, financial, investment influence in countries such as Argentina, and suggests a joint security cooperation investment with the UK, but especially overcoming an “outdated United Kingdom post-Falklands War security policy”
News Argentina Investment: Argentina's labor market improves hand in hand with the economic upturn in 2021
The labor market in Argentina managed to recover last year thanks to the growth of the country's gross domestic product after the pandemic hit and, although the economy has not yet returned to ...
News Argentina Investment: IMF Approves Argentina $44 Billion Deal Already Facing Risks
(Bloomberg) -- The International Monetary Fund approved a $44 billion agreement that allows Argentina to reschedule debt owed to the lender, cementing a deal that’s already facing economic and political challenges.Most Read from BloombergLow-Priced Omega Speedmaster Prompts Global Swatch Store ChaosUkraine Update: Kyiv Says In-Person Talks to Resume in TurkeyUkraine Update: Biden Says Putin ‘Cannot Remain in Power’German Industry Powerhouse Shaken to Core by War in UkrainePutin, Xi and the End o
News Argentina Investment: SWVL COMMITS SIGNIFICANT FOREIGN DIRECT INVESTMENT TO ARGENTINA TO IMPROVE MASS TRANSIT ACROSS THE COUNTRY
Swvl Inc. ("Swvl" or the "Company"), a global provider of transformative tech-enabled mass transit solutions, and the government of Argentina today announced that Swvl will become a significant foreign direct investor in Argentina to improve the reliability, safety and demand responsiveness of mass transit systems across the country. Swvl will make an initial $15 million investment, which will be used to generate jobs and self-employment opportunities over the next three plus years and further d
News Argentina Investment: IMF board signs off $44 billion Argentina debt deal, warns on risk
The board of the International Monetary Fund approved on Friday a new program with Argentina for about $44 billion, the IMF said, but acknowledged that it comes with "exceptionally high" risks.
News Argentina Investment: Argentina reaches deal with IMF to revamp debt of over $40 billion
Argentine President Alberto Fernandez announced on Friday that they have reached an agreement with the International Monetary Fund to revamp the debt of over $40 billion that the country has been ...
News Argentina Investment: Argentina announces debt agreement with IMF
Argentina's President Alberto Fernandez announced Friday that an agreement had been reached with the International Monetary Fund (IMF) to settle a debt of more than 44 billion U.S. dollars that the ...
News Argentina Investment: Argentina reaches agreement with IMF, dodges default
The Government of Argentina and The International Monetary Fund (IMF) Friday reached an agreement for the repayment of the South American country's debt stemming from a loan granted under the ...