News of bloomberg

Argentines brace for 90% inflation after economy minister’s exit

14-07-2022 09:18 Consulting firms in Buenos Aires are predicting that Argentines face the prospect of 90% inflation by year end.

BLOOMBERG

Crypto miners threaten frail energy grid at the end of the world

29-04-2022 08:20 Argentina’s crypto frenzy is putting the energy grid of a small province in Patagonia near a breaking point.

TECH & TAX

Argentina's tech industry earning billions of dollars off the books

22-04-2022 16:30 Billions of dollars in Argentine technology exports are going unreported as companies and freelance workers skirt currency controls, according to an industry group.

BLOOMBERG – ANALYSIS

Argentina’s inflation surged to 20-year high in March

13-04-2022 21:07 Consumer prices in Argentina rose 6.7% in March, up 55.1% over past year; Rift between top two political leaders hampers inflation fight.

BLOOMBERG

YPF leads emerging-market bond gains

31-03-2022 13:29 Only 14 months ago YPF was a nightmare for investors. Now, the state-run oil company is producing the best fixed-income returns in all of emerging markets.

BLOOMBERG – ANALYSIS

Putin’s propaganda machine undercut by social media blackout

04-03-2022 22:28 Social media companies are better prepared to crack down on Russian propaganda, moving more quickly at the request of multiple governments and the EU.

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

Argentina’s bonds slump below 30 cents on doubts over IMF deal

21-01-2022 18:18 Argentine bonds are testing new lows as concern grows that the government will struggle to reach a refinancing deal with the International Monetary Fund before large payments come due in March.

IMF DEBT TALKS

Nobelist Stiglitz rebuffed after praising Argentina’s 'economic miracle'

21-01-2022 18:06 Nobel laureate economist Joseph Stiglitz is facing a wave of criticism from peers after he claimed crisis-prone Argentina is witnessing “an economic miracle.”

BLOOMBERG

Copper majors are taking another look at Argentina, McEwen says

20-01-2022 18:52 Vast deposits and more welcoming policies have turned Argentina into a lithium hot-spot in recent years. Now the global copper industry is taking another look at the nation.

BLOOMBERG

Cannabis price drop creates opportunity for Paraguay

03-01-2022 12:36 As cannabis starts to behave more like an agricultural commodity, there’s a race to find the best growing climate at the lowest cost. In South America, a new candidate is emerging: Paraguay.

BLOOMBERG

For Americans shocked by inflation, Argentines have some advice

13-12-2021 13:11 For many Americans, the sudden burst of inflation that has rocked the economy has been disorienting. So for some advice, we turned to people who have become experts in the art of surviving runaway inflation: Argentines.

Bloomberg

Jujuy Province is in talks for new lithium projects

07-12-2021 08:32 Jujuy Province is in talks with four potential global partners to develop new brine deposits, with at least one interested in electric vehicles.

Bloomberg

La Niña is set to deliver drought to Argentina's soybean crop

29-11-2021 20:50 La Niña is set to wreak havoc during Argentina’s upcoming summer, when soybean and corn plants will be growing across the Pampas farm belt.

Chile election 2021

Leftist must overcome history to win Chile presidential run-off

25-11-2021 16:26 As Chile gears up for the presidential run-off between candidates from opposite ends of the political spectrum, one thing is for certain: history isn’t on the side of leftist contender Gabriel Boric.

Chile election 2021

Chile’s conservative candidate Kast builds out economic team

25-11-2021 15:44 Chilean presidential candidate expands team of economic advisers, including one from a centre-right rival he beat in Sunday’s election, as he seeks to broaden his business credentials.

Chile election 2021

Chile’s leftist contender adds key endorsement ahead of run-off

24-11-2021 15:38 Chilean presidential contender Gabriel Boric added a main endorsement to his campaign ahead of the December 19 run-off after Senator Yasna Provoste, who came out fifth in Sunday’s first round, threw her support behind him.

Chile election 2021

Chile careens toward polarised Kast-Boric presidential run-off

22-11-2021 07:37 Far-right candidiate José Antonio Kast and leftist hopeful Gabriel Boric, with antagonistic programmes and wildly different hopes for Chile's future, will go head-to-head in a run-off election on December 19 to decide the nation's next president.

Chile election 2021

In anticipation of new constitution, Chile elects a president

19-11-2021 11:42 Two years after deadly protests that paved the way for Chile to finally shed its dictatorship-era constitution, elections take place Sunday for a new president to take over in a fast-changing political landscape.

Chile election 2021

Chile election puts free-market model at mercy of angry voters

19-11-2021 11:30 A politically polarised Chile holds presidential elections on Sunday, with voters set to either overthrow an economic model installed during the dictatorship of Augusto Pinochet or double down on its free-market ethos.

BLOOMBERG

MercadoLibre seeks to expand in fresh foods amid record volumes

05-11-2021 02:22 Latin American e-commerce powerhouse is looking to fresh foods to maintain sales growth, after posting record gross merchandise volume of US$7.3 billion in the third quarter.

INTERVIEW / BLOOMBERG

Sebastião Salgado: 'Nature is capable of rebuilding if we stop the destruction'

19-10-2021 09:33 Putting a price on nature after nine years in the Amazon – an interview with documentary photographer Sebastião Salgado.

BLOOMBERG

Inflation accelerated more than expected in September

14-10-2021 17:39 Consumer prices in Argentina climbed more than expected last month, prompting President Alberto Fernández to expand unconventional price controls.

BLOOMBERG

Argentina accelerates money printing ahead of November elections

28-09-2021 14:58 Central Bank steps up pace of money printing to fund government spending ahead of November’s midterm elections, potentially stoking inflation in the months ahead.

BLOOMBERG

Climate change in Brazil: Fire, frost, drought upends global markets

28-09-2021 09:32 Brazil's crops have been scorched, frozen and then dried out by the worst drought in a century, upending global commodity markets.

BLOOMBERG – ANALYSIS

The problem with Latin America’s rate hikes: they barely work

09-09-2021 14:25 From Brazil to Mexico, banks tighten faster than global peers; Unstable politics and off-the-books economies limit the impact

BLOOMBERG

Cuba lays groundwork to legalise cryptocurrency transactions

30-08-2021 10:43 Communist government is trying to legalise and regulate the growing use of cryptocurrencies on the island as citizens ramp up transactions to evade state controls.

Covid-19 vaccines

Covid vaccines are less effective against Delta, large study finds

19-08-2021 09:35 Large study finds Pfizer-BioNTech efficacy ebbed over time; Data shows vaccines didn’t diminish viral load of delta cases.

BLOOMBERG

Argentina slows peso devaluation in an attempt to curb inflation

01-07-2021 07:55 Policy makers see slower peso depreciation, managed by the Central Bank in a so-called 'crawling peg,' as a key tool to curb rising inflation expectations.

INTERVIEW / VENEZUELAN PRESIDENT

Nicolás Maduro: ‘The sanctions are illegal, immoral and should be lifted'

25-06-2021 23:30 Venezuela, says Nicolás Maduro, has broken free of "irrational, extremist, cruel" US oppression. But in between his denunciations of Yankee imperialism, the president is making a public plea and aiming it directly at Joe Biden. The message? It's time for a deal.

Bloomberg

WeWork posts best sales since dropping IPO plans in 2019

21-06-2021 10:50 Global co-working company records best net desk sales since September 2019 and forms joint venture with SoftBank Latin America Fund to oversee the operations in Argentina, Brazil, Chile, Colombia and Mexico

CRISIS IN VENEZUELA

Venezuela’s Maduro pleads for foreign capital, Biden deal in interview

18-06-2021 12:33 Although he has denounced US intervention, Venezuela President Nicolás Maduro says he wants sanctions to be lifted by the Biden administration and foreign investments to flow in.

BLOOMBERG – ANALYSIS

Inflation near 50% puts Argentina on path that failed before

20-05-2021 16:04 Argentina’s new ban on exports of its famed beef won’t quell runaway inflation if previous interventions are any guide.

POVERTY & THE PANDEMIC

Covid’s shockwaves took poverty in Latin America to a new nadir

05-05-2021 13:33 The Covid-19 pandemic has sent a wave of poverty racing across Latin America, deepening declines that began over the past decade and consigning millions to lives of deprivation.

BLOOMBERG

Money printer goes quiet and Argentina's government gets squeezed

28-04-2021 21:14 The Central Bank’s fight against inflation is upending the local bond market and squeezing government finances as Argentina struggles to regain traction while the pandemic rages on.

ECONOMIC INDICATORS

Argentina’s economy snaps growth streak, contracting in February

22-04-2021 23:52 Economic activity fell one percent in February from January, snapping a nine-month growth streak following a historic plunge triggered by the coronavirus pandemic.

BLOOMBERG

Argentina’s peso mess is delivering windfall profits to brokers

14-04-2021 15:12 In Argentina, financial markets are all but dead. From stocks to bonds to traditional foreign-exchange venues, trading volumes are razor thin. Except, that is, in one unusual corner.

BLOOMBERG – ANALYSIS

Tax-the-rich initiatives gain support across Latin America

08-04-2021 14:55 Chile, Mexico, Colombia see wealth tax proposals advancing, Argentina and Bolivia have already passed measures; Debt in region soared as pandemic caused worst crash in two centuries.

BLOOMBERG – ANALYSIS

Kicillof, bondholders’ old foe, plays default hardball

30-03-2021 11:27 Axel Kicillof relished clashing with foreign investors when serving as economy minister. Today, as governor of Buenos Aires Province, he's again locked in a bruising battle with financiers in New York and London.

Bloomberg

Start-up Tiendanube raises US$89 million in funding round

22-03-2021 13:03 Argentine e-commerce start-up Tiendanube will use fresh financing to roll out a major expansion across Latin America.

BLOOMBERG - ANALYSIS

Argentina resorts to unorthodox tools to fight 40% inflation

17-03-2021 13:24 Argentina is once again turning to a combination of unconventional policy tools to curb inflation, which is expected to near 40 percent this year.

BLOOMBERG

Banco Galicia CEO: Inflation will keep battering banking returns

19-02-2021 12:42 Argentine banks took a beating last year, and the nation’s biggest lender says the industry is at risk of a repeat performance.

Coronavirus pandemic

Government doesn't expect to resume IFE payments this year

25-01-2021 23:31 Argentina will not need a new version of the Ingreso Familiar de Emergencia (IFE) scheme, implemented last year during the coronavirus pandemic, a senior government official has told Bloomberg.

BLOOMBERG

World's first wind tax leaves green developers scratching heads

25-01-2021 07:23 Puerto Madryn wants to tax the megawatts of energy sold by wind farms, drawning scorn from clean-energy companies, who say the move threatens climate-change goals.

Bloomberg

Oaktree, BlackRock are among YPF creditors organising

18-01-2021 17:25 Investment firms including Oaktree Capital Management and BlackRock Inc are organising into two groups to negotiate with YPF SA after the state oil producer proposed a debt swap that would saddle them with losses.

AGRO TENSIONS

Argentina eases protectionist corn curbs by lifting export ban

11-01-2021 09:23 Government ends temporary ban on grain exports and will instead set a daily sales limit to guarantee domestic supply, as producers begin three-day strike

Bloomberg

Putin’s allies are ordering Sputnik vaccine across Latin America

07-01-2021 16:07 Argentina, Venezuela and now Bolivia have all approved Russia's Sputnik vaccine for emergency use. In all, the countries have placed orders for more than 30 million doses.

BLOOMBERG

Argentina can avoid a devaluation, says Domingo Cavallo

30-10-2020 14:35 Former economy minister Domingo Cavallo tells Bloomberg in an interview that it’s still possible to avoid a one-off devaluation of the peso.

BLOOMBERG

Argentina bond rout blows up the template for debt restructuring

19-10-2020 20:40 Investors are giving up on Argentina, just six weeks after the government pulled off a US$65-billion restructuring.

BLOOMBERG

Wealthy Argentines flee taxes, politics to settle in Uruguay

07-10-2020 17:01 Nearly half of the 504 Argentines who’ve taken up tax residency abroad this year have chosen Uruguay.

News of bloomberg

Argentines brace for 90% inflation after economy minister’s exit

Crypto miners threaten frail energy grid at the end of the world

Argentina's tech industry earning billions of dollars off the books

Argentina’s inflation surged to 20-year high in March

YPF leads emerging-market bond gains

Putin’s propaganda machine undercut by social media blackout

How China beat out the United States to dominate South America

Argentina’s bonds slump below 30 cents on doubts over IMF deal

Nobelist Stiglitz rebuffed after praising Argentina’s 'economic miracle'

Copper majors are taking another look at Argentina, McEwen says

Cannabis price drop creates opportunity for Paraguay

For Americans shocked by inflation, Argentines have some advice

Jujuy Province is in talks for new lithium projects

La Niña is set to deliver drought to Argentina's soybean crop

Leftist must overcome history to win Chile presidential run-off

Chile’s conservative candidate Kast builds out economic team

Chile’s leftist contender adds key endorsement ahead of run-off

Chile careens toward polarised Kast-Boric presidential run-off

In anticipation of new constitution, Chile elects a president

Chile election puts free-market model at mercy of angry voters

MercadoLibre seeks to expand in fresh foods amid record volumes

Sebastião Salgado: 'Nature is capable of rebuilding if we stop the destruction'

Inflation accelerated more than expected in September

Argentina accelerates money printing ahead of November elections

Climate change in Brazil: Fire, frost, drought upends global markets

The problem with Latin America’s rate hikes: they barely work

Cuba lays groundwork to legalise cryptocurrency transactions

Covid vaccines are less effective against Delta, large study finds

Argentina slows peso devaluation in an attempt to curb inflation

Nicolás Maduro: ‘The sanctions are illegal, immoral and should be lifted'

WeWork posts best sales since dropping IPO plans in 2019

Venezuela’s Maduro pleads for foreign capital, Biden deal in interview

Inflation near 50% puts Argentina on path that failed before

Covid’s shockwaves took poverty in Latin America to a new nadir

Money printer goes quiet and Argentina's government gets squeezed

Argentina’s economy snaps growth streak, contracting in February

Argentina’s peso mess is delivering windfall profits to brokers

Tax-the-rich initiatives gain support across Latin America

Kicillof, bondholders’ old foe, plays default hardball

Start-up Tiendanube raises US$89 million in funding round

Argentina resorts to unorthodox tools to fight 40% inflation

Banco Galicia CEO: Inflation will keep battering banking returns

Government doesn't expect to resume IFE payments this year

World's first wind tax leaves green developers scratching heads

Oaktree, BlackRock are among YPF creditors organising

Argentina eases protectionist corn curbs by lifting export ban

Putin’s allies are ordering Sputnik vaccine across Latin America

Argentina can avoid a devaluation, says Domingo Cavallo

Argentina bond rout blows up the template for debt restructuring

Wealthy Argentines flee taxes, politics to settle in Uruguay

Is Colombia’s run-off Argentina’s run-up?

March in Caracas protests against detained plane in Argentina

Inflation surges past 70% on political turmoil

Tourists return but Easter Islanders draw lessons from Covid isolation

Massa gains ground in energy sector power struggle ahead of IMF talks

Paro de colectivos en el AMBA: desde cuándo rige la medida y a qué líneas afecta

¿Quién es Rania, la hermosa reina de Jordania que vive lejos de la prensa y sumida en el dolor?

Furia con Carrió: llamados, acusaciones y un debate sobre el futuro sin la Coalición Cívica

Cristina Kirchner se mostró malhumorada e irónica en la sesión especial del Senado

Plazo fijo: cuánto puedo ganar invirtiendo $100.000 con las nuevas tasas