BLOOMBERG – ANALYSIS HSBC joins firms exiting Argentina amid Milei's economic makeover 10-04-2024 15:24 Foreign companies reluctance contrasts with local optimism; Exxon and Clorox decided to divest investments in Argentina.
PUBLIC SECTOR State firms lost US$18 billion during Fernández government, data shows 01-04-2024 18:31 Bulk of that figure is explained by the energy and railway subsidies; Only in 2023, a loss of around US$5.4 billion was recorded.
#8M: Women's Rights Corporate shortfall: Women far from reaching 50% of corporate leadership positions 08-03-2024 06:10 Despite the increased presence of women on boards of directors, the corporate world is still largely run by men.
INVESTIGATIVE REPORT 'Los dueños de la tierra': Who are Argentina’s 20 biggest landowners? 24-02-2024 06:25 Among those who concentrate the most terrain are businessmen and groups with between 100,000 and over a million hectares of land of every type. Some like Benetton or the Cresud, owned by Eduardo Elsztain, are better-known, but companies with Chinese, Swiss and Chilean capital also appear, along with bit players. by Ariel Stemphelet
ECONOMIC INDICATORS Argentina's inflation rate slows in Javier Milei’s first full month 14-02-2024 16:49 Inflation in Argentina is exceeding 250% year on year, but cooled from 25.5% to 20.6% in January from a month earlier.
MILEI (AND MACRI) VERSUS AFA Milei moves to allow privatisation of Argentina’s football clubs 21-12-2023 15:40 AFA and sporting institutions ready to challenge libertarian leader’s move; President intends to let clubs “take it or leave it,” says official. by James Grainger
'Círculo rojo' Business world recalculates in face of Milei wave 05-10-2023 15:29 One sector is "worried" by the advance of a mood which could affect business institutions. A new ‘grieta’ chasm has opened up between the "prebendarios" (those living off the state) and "autónomos" (self-financing). A youthful sector of the economic elite already backs the libertarian. by Ariel Maciel
Business Spanish multinational Inditex exits Argentina by franchising Zara 20-07-2023 12:16 Spanish giant Inditex has decided to transfer the management of its brands' operations in Argentina and Uruguay mainly due to import restrictions.
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.
TOP COMPANIES 2023 Mercado Libre heads list of top 25 firms to work for in Argentina 24-04-2023 16:06 According to the ranking prepared by LinkedIn, the top 25 companies to progress your professional career include Mercado Libre, JP Morgan, Chase & Co and Dow. by Gabriela Maidana
FORO LLAO LLAO Election 2023 hopefuls outline economic plans to business leaders 20-04-2023 14:29 Milei, Rodríguez Larreta, Bullrich and Vidal outline their economic plans to the nation’s top business leaders at the Llao Llao Forum in Bariloche – here’s what the leading candidates told the ‘círculo rojo.’
OIL TAX Lula irks foreign oil companies with new tax 23-03-2023 14:38 Brazil's new tax on crude exports set to run from March to July leads foreign oil companies to petition the federal government
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.
PRODUCTION Economists and businesses see a dollar drought on the horizon 03-11-2022 00:34 Private sector fears government's economic team will tighten restrictions on access to hard currency for purchase of inputs, creating a dollar desert drought until March.
MASSA’S TRIP TO WASHINGTON Report: Argentina may request new loan from IMF’s ‘resilience’ trust 25-08-2022 17:00 Planning for Economy Minister Sergio Massa’s trip to the United States ramps up, with IMF talks leading the agenda.
POLICY Capital controls on tech firms, employees relaxed to halt ‘brain drain’ 02-06-2022 20:41 Accumulation of Central Bank reserves is one of the key aims in changing regulations for the capital of software companies. Hi-tech sector has sounded alarms over number of formal jobs lost this year by employees seeking ‘dollarised’ salaries. by Lorena Rodríguez
BLOOMBERG Argentine firms cut from dollar access rush to refinance debt 20-05-2022 13:39 Local firms begin to refinance debt due next year as they lose faith Central Bank will roll back restrictions that limit access to dollars.