News of investment

Colombians set to vote in high stakes presidential run-off

17-06-2022 18:22 Colombians vote Sunday in a presidential run-off. Opinion polls have leftist Gustavo Petro and businessman Rodolfo Hernández neck-and-neck.

Tierra del Fuego pitches US$6-billion hydrogen dream

16-06-2022 11:04 Tierra del Fuego Province is trying to lure investments in hydrogen or ammonium, seeking to diversify its economy away from fossil fuels to tap the global clean-energy transition.

Brazilian football clubs open doors to foreign investors

17-05-2022 10:45 After a century operating as non-profit associations, Brazilian clubs have started transforming their business models.

As rivals turn screws on mining, Argentina puts out welcome mat

11-05-2022 23:35 Government turns to capital-control loopholes and tax breaks, eyeing export boost as neighbours look to raise mine taxes.

Latin American unicorns are helping drive a regional hiring boom

10-02-2022 15:41 The number of tech, remote firms hiring more than tripled; Argentina, Brazil and Mexico attract the most new hires.

Argentina signs agreement to build fourth nuclear power plant

04-02-2022 03:22 New nuclear power plant, Atucha III, requires an investment of more than US$8 billion and will create 7,000 new jobs, according to the government. Announcement made on eve of president’s visit to China.

Gabriel Boric has the chance to rewire Chile – and Latin America’s left

10-01-2022 10:24 Once the region’s no-frills, free-market poster child, Chile needs more government spending, not less, to sustain its growth trajectory.

Argentine fintech start-up Ualá starts its own brokerage service

08-12-2021 08:51 Company to allow dollar purchases at parallel exchange rate; Start-up is ramping up investment after last funding round.

Argentina at crossroads over the future of its lithium sector

15-10-2021 16:56 Fernández administration wants to boost the state's role in lithium extraction and electromobility, but conflicts with local communities remain.

by Javier Lewkowicz, Diálogo Chino

InvestBA helps push Buenos Aires onto international stage

27-09-2021 09:47 City Hall’s investment and trade promotion agency, better known simply as investBA, was created less than half a decade ago – but the agency is already making a name for itself on the international stage.

by Sophia Moore-Smith

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