News of growth

Vaca Muerta: Shale driller Vista emerges as a leading producer

01-03-2021 14:29 Vista Oil & Gas has become one of the largest oil producers in the shale-rich Vaca Muerta basin, and is aiming for further growth in 2021.

Weighed down by an entitlement culture

06-02-2021 09:50 Will Argentina be able to prosper in the brave new world that is coming our way? Not unless she manages to change lanes in the near future. As things stand, this is most unlikely to happen.

by James Neilson

UN slashes LatAm economic slowdown projection

16-12-2020 16:06 Executive secretary of the UN Economic Commission for Latin America and the Caribbean Alicia Bárcena predicts the region will experience growth of 3.7 percent in 2021.

Cristina, Macri and Alberto - all of them took on debt

21-11-2020 08:38 Everyone loves to play the blame game, but let’s get one thing straight for the record: former presidents Cristina Fernández de Kirchner and Mauricio Macri both took on debt – and so has Alberto Fernández.

by Agustino Fontevecchia

Fernández, Georgieva ‘confident’ Argentina will seal new IMF deal

10-10-2020 10:01 Officials on both sides say all the right things as first visit of IMF mission team passes off without incident. Kristalina Georgieva says Fund has "no intention of putting pressure on Argentina at this time."

Billionaire-backed Argentine fintech Ualá launches in Mexico

29-09-2020 15:30 Ualá, the mobile payments startup backed by heavyweight billionaire investors George Soros and Steve Cohen, expands beyond Argentina into Mexico.

Argentina loses bid to throw out US$738-million hedge-fund lawsuit

21-07-2020 22:45 Argentina has lost an attempt to dismiss a UK lawsuit filed by four hedge funds alleging that the country manipulated economic data to avoid making payments for securities linked to its growth.

Good behaviour won't deliver Argentina from economic pain

03-06-2020 15:50 Argentina deserves debt relief, but also a credible way forward. The country still needs a path to growth, new investment and the prospect of fiscal reasonableness beyond the pandemic – and that is where the road map ends.

by Mac Margolis

Uruguay's president-elect Lacalle Pou eager to attract foreigners

25-02-2020 18:41 Luis Lacalle Pou expresses determination to open up borders, so that thousands of foreigners can settle in his country. Uruguay's incoming leader also says nation will change position on Venezuela crisis.

Argentina's shrank 2.1% in 2019, reports INDEC

21-02-2020 18:00 Argentina's recession-hit economy shrank by 2.1 percent in 2019, the INDEC national statistics bureau announced Friday.

Trump rejoices at the surge in job creation, adding 225,000 posts

07-02-2020 20:32 The US economy saw an explosion of new hiring in January. President Donald Trump, who has emerged intact from his impeachment trial, can now trumpet his economic record as he battles to win re-election in November.

Brazil looks to India as trade with Argentina deteriorates

15-01-2020 23:26 Brazil sees a huge potential for its exports of food and commodities, and a chance to increase its US$7 billion in annual bilateral trade with India to US$25 billion in the next few years.

Lacunza admits economic results have been 'lower than expected'

16-09-2019 17:35 Addressing Congress, where he was presenting the government's draft 2020 Budget proposal, the new minister put the record down to a "combination of inheritance, miscoordination and external factors."

Argentina must drive demand to boost economy, says Alberto Fernández

09-09-2019 07:30 Frente de Todos leader says businesses who risk capital need their investments to pay off because that creates jobs. But those investments won’t happen if there is poverty, he explains in an interview.