News of assets

Argentina is buckling under strain of US$174-billion debt mountain

10-02-2023 14:36 Cut off from global credit markets, Argentina’s government is selling ever more local currency bonds, amassing a debt load that already totals 33 trillion pesos and is rising almost exponentially.

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.

Bloomberg

Argentina must avoid ‘hot money’ pitfall, top economist says

28-12-2022 18:17 Influential Carlos Melconian details recommendations he is drafting for a more business-friendly government to enact following the 2023 elections.

POLITICS – ANALYSIS

Operation ‘spook’

17-12-2022 06:00 With inflation running near 100 percent and an economy that could grind to a halt given a structural lack of hard currency, optimism is reserved for the brave.

by Agustino Fontevecchia

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.

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

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.

RULING COALITION

Frente de Todos senators eye bill to tax undeclared assets held overseas

28-03-2022 22:02 Ruling coalition senators propose new bill that would tax the undeclared assets of citizens held overseas and use them to pay off IMF debt.

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.

ECONOMY

BitCow: Cryptocurrencies break into Argentina’s agricultural sector

26-12-2021 08:00 Blockchain technology and tokenisation of assets such as cows and soybeans could provide Argentina’s agricultural sector with greater transparency and traceability

LEFTIST ELECTED PRESIDENT

Chile stock market plummets in response to Boric's election win

20-12-2021 11:40 Chilean stock market and peso takes a beating after leftist leader Gabriel Boric is elected the country's youngest-ever president-elect.

BLOOMBERG

Argentina’s dollar bonds slip to eight-month low on wait for economic plan

25-11-2021 15:23 Argentina's dollar bonds trade at an eight-month low. Slide comes just days after investors cheered outcome of midterm elections.

PANDORA PAPERS LEAK

World leaders scramble to limit 'Pandora Papers' damage

04-10-2021 13:20 More than a dozen heads of state and government, from Jordan to Azerbaijan, Kenya and the Czech Republic, have used offshore tax havens to hide assets worth hundreds of millions of dollars, according to a far-reaching new investigation by the ICIJ media consortium.

PANDORA PAPERS LEAK

Panama law firm heavily implicated in 'Pandora Papers' revelations

04-10-2021 13:01 Prestigious Panamanian law firm was named in the so-called 'Pandora Papers' as implicated in the creation of offshore shell companies meant to hide money in tax havens for more than 160 politicians and public figures.

PANDORA PAPERS

Here are the biggest revelations from the Pandora Papers leak

04-10-2021 10:19 Huge leak of financial records reveals offshore financial assets of dozens of current and former world leaders and hundreds of politicians from Asia and the Middle East to Latin America.