New president says in his first address to Congress that boosting exports will bring in dollars to resume making debt payments
Author Archives: Charles Newbery
Posted inDaily Brief
Argentina bonds rise on expectations of friendly debt restructuring
Incoming Economy Minister Guzmán is seen as less ideological than other candidates could have been
Posted inDaily Brief
Marina del Sol, Sun Dreams revive merger plans
Chilean, South African casino operators look to unite businesses in Chile and other parts of Latin America
Posted inDaily Brief
Fernández taps academic to run Argentina’s economy ministry
Martín Guzmán faces challenges to restructure the national debt and revive the economy
Posted inMagazine
Argentina: Unrealized potential
Vaca Muerta could double Argentina’s energy output and help address its chronic fiscal problems. But fully developing the massive shale oil and natural gas resources will be challenging
Posted inDaily Brief
Celulosa misses bullet bond payment
Argentine paper company is the first of more firms facing problems from tight access to credit
Posted inDaily Brief
Argentina accepts more CAF financing
Federal government will use the $100 mln loan to fund infrastructure and housing works in three shantytowns in Buenos Aires
Posted inDaily Brief
Norwegian Air departs Argentina
Chile’s JetSmart buys the Scandinavian airline’s business in Argentina as part of its regional expansion plans
Posted inDaily Brief
Pampa Energía eyes bond market for wind power plant
Argentine energy company wants to raise up to $75 mln for the 50 MW project, but it expects to wait until next year
Posted inDaily Brief
EXCLUSIVE: YPF Luz closes in on long-term financing deals
Argentine power company is in talks with banks and other creditors for $150 mln in financing, CEO says