Posted inDaily Brief

Scotiabank Sues Argentina

Canada’s Scotiabank is demanding $600 million in compensation from Argentina in a suit filed under the United Nations Commission on International Trade Law. Scotiabank claims government policies in the 2001-2002 financial crisis forced it to close its subsidiary Scotiabank Quilmes, later sold to local investors. Scotiabank’s claim for arbitration is one more than 100 pending against Argentina.

Posted inMagazine

People

Martin Redrado Argentina’s Central Bank PurgeArgentina’s President Néstor Kirchner appointed Martín Redrado as the latest head of the country’s Central Bank. Redrado becomes the fifth man to head the formerly […]

Posted inMagazine

Deals

Investment in Argentina Booms International and Argentine companies have announced nearly $9 billion in investments in the country, signaling that confidence is beginning to creep back, nearly two years after […]

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