News of investment

PAE confirms shale gas reserves in Chubut Province

15-04-2025 16:51 Pan American Energy to invest US$250 million in project to exploit shale gas findings in Cerro Dragon field, says Chubut Governor Ignacio Torres.

Milei tries erasing Argentina’s history to lure foreign investment

08-04-2025 09:04 Argentina’s president is desperate to woo foreign investors. But he's had more success tearing down physical symbols of the old guard than untangling the web of red tape it left behind.

Early election trade is brewing for Latin America investors

24-02-2025 12:03 Investors make early bets on a right-wing swing in Latin America's upcoming election cycle, remembering when President Javier Milei's win sparked one of the most profitable trades in emerging markets last year. 

Distressed fund wins key role in bankruptcy case of soy exporter Vicentin

19-12-2024 15:03 Esteban Nofal, who runs Cima Investments SA, has swept up almost 35% of Vicentin’s US$1.3 billion of unsecured debt from a group of global banks for just 11 cents on the dollar.

Argentines no longer love the dollar, thanks to Milei

12-12-2024 16:07 Argentines have preferred the US dollar over the Argentine peso for decades – Milei may have achieved what once looked unachievable.

JPMorgan plans to hire 1,500 workers for global hub in Argentina

12-12-2024 15:27 JPMorgan Chase & Co plans to add 1,500 workers to its Buenos Aires corporate center over the next five years. Argentina’s skilled workforce, English language proficiency and alignment with US time zones help make it a strategic hub.

Milei’s turnaround effort wins Argentine credit upgrade from Fitch

15-11-2024 22:05 Argentina’s credit rating was raised two notches by Fitch Ratings to 'CC.'

Argentina’s recession ‘is over,’ Milei tells business leaders

08-11-2024 14:49 “The recession is over. We are emerging from the desert," President Milei tells business leaders at event in Buenos Aires.

Argentina mulls tender for power lines after years of neglect

02-10-2024 16:45 Argentina is rushing to put together a “market solution” for its national network of high-voltage power lines, a severely neglected part of the grid.

Elon Musk says his firms are 'actively' looking to invest in Argentina

24-09-2024 14:58 SpaceX and Tesla boss posts on social media that his companies are “actively looking for ways to invest in and support Argentina,” though there’s no sign of an announcement anytime soon.

Mercado Libre founder vows ​​US$75-million investment as he hosts Milei

05-09-2024 11:41 President Javier Milei received by Mercado Libre founder Marcos Galperin as he visits offices of tech giant; Entrepreneur, who is gripped in a “cartelisation” battle with Argentina’s banks, says US$75-million investment will create 2,300 new jobs at logistics centre.

Milei’s mirror: Ireland or Nigeria?

10-08-2024 05:37 The RIGI scheme places Argentina closer to a category that experts call an enclave economy, one in which some sectors boom but the larger public is not necessarily attached to the benefits.

by Marcelo J. García

Risky Investment Guarantee Inconsistencies

01-06-2024 05:45 The primacy of the fiscal over the economic causes problems elsewhere.

Milei to meet with CEOs of Meta, Google, Apple, OpenAI

28-05-2024 11:36 Javier Milei will meet with “four of the 10 most important businessmen in the world” during his trip to the United States, according to Presidential Spokesperson Manuel Adorni.

Milei heads to Madrid as star guest for Vox summit

16-05-2024 15:24 Argentina’s President set to meet with Santiago Abascal, the leader of far-right party Vox, during trip to Spanish capital.

Argentina is disregarding state's role in attracting investment

11-05-2024 17:33 The spirit of incentives for big investment contemplated in Javier Milei's REGI investment scheme reflects the end of industrialisation, the promotion of extractivism and stricter foreign restrictions.

Argentina reinforces desire to deepen ties with 'natural partner' EU

07-05-2024 15:33 Foreign Minister Diana Mondino has told the European Union's top diplomat that she wants to deepen Argentina's "strategic relationship" with its "natural partner."

Power supplier Central Puerto eyes stake in McEwen’s copper project

06-05-2024 14:57 Central Puerto SA, Argentina’s biggest power supplier, is in talks to invest in Canadian miner McEwen Copper Inc’s Los Azules project.

Brazil economy grew 2.9% in 2023, says official data

01-03-2024 16:08 Brazil's economy expanded 2.9% in 2023 after a fourth quarter of zero growth, according to data released Friday by the IBGE national statistics agency.

Billionaire Claure forges new empire after WeWork collapse

01-03-2024 07:22 Marcelo Claure is shaping his own investment empire after the pandemic dealt the final blow to the company WeWork, as the company kept losing billions