News of investment

Foreign investment in Latin America plummets, says UN

05-08-2021 15:24 Foreign investment in Latin America plummeted 35% in 2020 compared to the previous year, says UN regional commission on economic cooperation. Argentina suffered a fall of 39.7%, according to report.

Venture capital surge delivers record for 'unicorn births'

08-07-2021 11:41 According to a report by US-based firms, startups globally raised $156 billion between April and June, the highest level in a decade for the second quarter.

Economic downturn fuels crypto craze in Argentina

07-05-2021 08:00 As Argentines battles high inflation, a weaker currency and a shortage of US dollars, citizens have been putting their money into cryptocurrencies like Bitcoin, Tether, Etherium or Dai.

Bernard Madoff, mastermind of giant Ponzi scheme, dies at 82

14-04-2021 12:37 Bernard Madoff, the Manhattan investment adviser who promised stellar returns to his A-list clients and instead defrauded them of more than US$19 billion in history’s largest Ponzi scheme, has died in jail at 82 years old.

YPF stuns creditors as nation’s dollars dwindle

23-01-2021 10:15 State energy company’s plan to saddle creditors with losses in a debt exchange leads to frantic unloading of shale driller’s bonds.

UN: Foreign direct investment in Latin America to fall by up to 55%

02-12-2020 13:39 Foreign direct investment in Latin America will fall by up to 55% in 2020, the UN's regional economic commission said Wednesday.

Fernández unveils plan to boost production at Vaca Muerta

17-10-2020 08:05 President Alberto Fernández says Argentina wants energy firms to invest some US$5 billion to boost hydrocarbon production and generate jobs in the country’s prized Vaca Muerta shale deposits.

Argentina expands tech companies’ incentives amid recovery push

10-10-2020 20:35 Government expands benefits to its burgeoning tech sector in an effort to boost much-needed foreign investment and exports.

Creditors reiterate support for debt swap

22-08-2020 10:05 Ad Hoc Group of Argentina Exchange Bondholders says members will be entering Argentina’s debt swap proposal to the tune of almost US$5 billion on Monday.

Alberto Fernández planning 'strategic trip' to China in November

19-08-2020 22:44 Peronist leader eyeing potential trip to Asian powerhouse in November. Multi-billion-dollar agreements and the coronavirus pandemic lead agenda for talks with Argentina's leading trade partner.

by Juan Luis González

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

Default prompts a Paul Singer sequel in credit default swap decision

27-05-2020 16:30 Paul Singer's investment firm Elliott Management Corp is one of 14 companies that will decide whether credit-default swaps were triggered by last week’s failure to meet a payment deadline.

Vaca Muerta waits for Alberto’s calling

16-11-2019 10:00 Vaca Muerta is no longer a dream, but by no means is it the only solution to Argentina’s chronic economic problems.

by Agustino Fontevecchia

Troubled times in Latin America fail to dull Brazil's sheen

06-11-2019 13:56 For all its political woes and still-stale economy, Brazil is standing out to investors as an unlikely island of stability as trouble brews across Latin America.