Latin America’s largest economy is vulnerable to shocks but can preserve stability if it sticks to fiscal discipline, says the co-head of Latin American sovereign ratings
Category: Coronavirus
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IDB funds small business loans in Argentina
US-based development bank approves a $58 mln loan for MSMEs in San Juan province to recover from the COVID-19 pandemic
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Moody’s drops Bahamas deeper into junk status
Rating agency keeps a negative outlook on the Caribbean nation due to a loss of “fiscal strength”
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Garbarino fails to attract bids for stake in retailer
Buyers hold back on concerns the Argentine group could fall into bankruptcy
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Longvie seeks to restructure defaulted bond
Argentine home appliances maker will try to extend maturity as sales show slight improvement
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Argentina picks up loans for hunger, digital programs
Government agrees to borrow $200 mln from the IDB and $50 mln from CABEI
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Ecuador plans return to international bond market
Economy Minister Cueva says he wants to reduce the sovereign risk rating with structural reforms first
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Buenos Aires province gets nod for restructuring deal
Argentina’s largest province reaches 98% acceptance as creditors seek to sell the new bonds during an expected election-led surge in prices
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MercadoLibre buys Brazilian logistics operator
Argentine company’s acquisition of Kangu comes as e-commerce surges in Latin America
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Garbarino to sell stake in electronics chain
Argentine home appliances retailer to offer 51% stake in Compumundo at auction