News of investment

Argentina debt upgraded by Fitch in fresh boost for Milei

12-05-2025 17:23 Argentina’s credit score was raised by Fitch Ratings in a boost for President Javier Milei's government.

Argentine utility Albanesi approaches creditors after missed bond payment

09-05-2025 16:41 Generación Mediterranea SA and Central Térmica Roca SA are approaching bondholders to resolve a dispute over US$19 million in due interest.

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.

Telefónica becomes victim of Chile’s mobile phone curse

17-03-2025 16:32 Telefónica’s bonds tumble and investors question its commitment to Chile as it sells assets in Argentina and Colombia.

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.

Shell signs accord with Argentina’s YPF to develop LNG plant

19-12-2024 14:57 Shell Plc has signed an agreement with Argentina’s state-run energy company YPF SA to work on a plan to export liquefied natural gas.

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 touts US$50 billion from investors eyeing 30-year loopholes

02-12-2024 13:04 Argentina has abundant natural resources and legions of well-educated workers. But it struggles to attract investors because its politicians have a habit of changing the rules on a whim.

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.

Trump and Argentina – Business leaders hope political affinity will pay off

07-11-2024 00:25 Despite uncertainty about the overhaul of the United States economy and its impact on domestic business, business leaders hope election of Republican leader will lead to commercial resurgence.

by Ariel Maciel

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.

Milei’s Bermuda Triangle

21-09-2024 06:31 Milei’s political future lies within a triangle defined by inflation, approval ratings, and unemployment.

by Marcelo J. García

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

Paul Singer is pitching Wall Street's own brand of MAGA

25-06-2024 12:06 Over the past decade, business figures led by hedge-fund billionaire Paul Singer have poured nearly US$200 million into a New York think tank that’s now projecting its own vision for Trump’s America.

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.

Rich investors cheer Milei as Argentines bear brunt of austerity

24-05-2024 14:48 Amid Wall Street and investor optimism, critics are questioning how long Javier Milei's spending cuts can be sustained without permanently damaging the economy or fraying the social fabric.

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.

Private-sector investment suffers biggest fall of Milei government yet

11-05-2024 09:23 New report by Orlando J. Ferreres & Asociados consultancy firm highlights slump in monthly gross domestic investment. Data shows "indicators of activity worsened" in March, mainly due to slump in construction sector.

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.

Diana Mondino heads to China, Europe on investment quest

23-04-2024 20:52 Argentina’s foreign minister will set off on Sunday for a 10-day tour of China, France, Belgium and Portugal, accompanied by a “large business delegation.”