Investments

Investments
Thursday, September 15th 2016 - 10:23 UTC

“After 15 years we are open for business” in Argentina announces US Ex-Im bank

“We're willing to finance all possible export import projects, and at the lowest possible rates to support Argentina in its new process”, Hochberg said

The United States Export-Import Bank said it would begin offering financing in Argentina for the first time since the country's economic meltdown in 2001 and 2002. In previous decades the bank provided low-rate loans to support local investment, including the construction of one of the main highways leading into this city.

Thursday, September 15th 2016 - 10:18 UTC

Siemens pledges to invest US$ 5.6bn in energy and infrastructure in Argentina

“I'm a happy man because we can help rebuild the country,” Kaeser said, adding that if others don't act fast they may lose out on big opportunities in Argentina

German industrial conglomerate Siemens AG signed a letter of intent on Wednesday to participate in up to US$5.6 billion of energy, transportation and infrastructure projects in Argentina, Chief Executive Joe Kaeser said.

Thursday, September 15th 2016 - 09:57 UTC

BP “really encouraged” by Argentina, interested in increasing investments

“I am really encouraged by what I hear and what I see, so I think there's a lot of future here,” BP CEO Dudley said

British Petroleum is looking to increase its investments in Argentina after seeing “tremendous change” in the country since President Mauricio Macri took office nine months ago, CEO Bob Dudley said on “Bloomberg Markets” this week. Argentina just “feels different,” Dudley told Bloomberg's Erik Schatzker at the inaugural Argentina Business Investment Forum in Buenos Aires.

Tuesday, September 13th 2016 - 19:56 UTC

Brazil launches ambitious program to auction off oil, power and infrastructure concessions

Temer's administration is selling assets and pushing for unpopular austerity reforms to prop fiscal accounts that has cost Brazil its investment-grade rating.

Brazil on Tuesday launched a multibillion-dollar plan to auction off oil, power rights and infrastructure concessions, in an attempt by the new government to bolster private investment in a moribund economy. The government will sell operating licenses for airports in the cities of Porto Alegre, Salvador, Florianopolis and Fortaleza by the first quarter of 2017. It also plans to sell rights to operate federal roads in the center-west and south regions later next year.

Tuesday, September 13th 2016 - 19:51 UTC

Macri announces top level meeting with UK to address ''all issues'', next week in New York

“We're planning a meeting in New York during the UN sessions. We're going to establish a round of conversations talking about all issues”, Macri was quoted

Argentine president Mauricio Macri described as a “gesture” the attendance of Foreign Office minister Alan Duncan at the Business and Investment forum in Buenos Aires, and anticipated that UK and Argentina are preparing a bilateral meeting next week in New York on the sidelines of the annual UN general assembly to address all issues including Falklands/Malvinas.

Monday, September 12th 2016 - 06:33 UTC

Trade, investments and Falklands in Sir Alan Duncan's agenda in Buenos Aires

Sir Alan Duncan will also be at the opening of a business and investment conference which will be attended by a delegation of forty top British companies

UK Foreign Office minister of state for the Americas and the Falkland Islands, Sir Alan Duncan begins this Monday a full agenda of activities in Buenos Aires with the purpose of promoting business, investments and normalizing bilateral relations, after more than a decade of distant when not frozen links under the Kirchner couple administrations. The Falkland Islands issue is also expected to be addressed but with “a constructive spirit”.

Saturday, September 10th 2016 - 11:47 UTC

Falklands' response to Malcorra's statements of air links to Argentina and the oil industry

”The Falkland Islands Government (FIG) has seen the articles in the media attributed to the Argentine Foreign Minister, Susana Malcorra.

The Falkland Islands Government has acknowledged it is aware of media coverage of Argentine foreign minister Susana Malcorra referred to proposals of possible air links between the Islands and Argentina as well as talks on other areas of interest such as the fishing and hydrocarbons industries.

Thursday, September 8th 2016 - 03:35 UTC

Nicola's message to Theresa: Scotland's referendum on independence back on the table

The bill would then be ready for “immediate” introduction if it becomes clear that there was voter support for Scottish independence, Sturgeon said

The Scottish government will start preparing the legislation required for a new referendum on independence from the United Kingdom in case it is needed, First Minister Nicola Sturgeon told the Scottish parliament on Tuesday. Last week Sturgeon said her party would start a survey to test support for secession, questioning at least two million Scots just as Britain negotiates its exit from the European Union.

Wednesday, September 7th 2016 - 19:14 UTC

FIFA prunes salaries and perks of top officials: US$ 1.53 for Infantino

Infantino also gets a car and lodgings paid during his term of office and “expenses in accordance with FIFA’s expenses regulations ($2,000 per month)”

Gianni Infantino has accepted a salary of US$1.53 million a year, with FIFA No.2 Fatma Samoura set to receive US$1.3 million. Under the contract, Infantino also gets a car and lodgings paid during his term of office and “contribution for expenses in accordance with FIFA’s expenses regulations ($2,000 per month)”.Samoura has the same benefits but lodgings are not included.

Wednesday, September 7th 2016 - 18:45 UTC

Chinese group ready to purchase shrimp vessels and plants in Patagonia

Conapesca plans to sell its shrimp fishing freezer fleet plus two processing plants in Puerto Madryn and Rawson, reports Revista Puerto.

Argentine fishing company Conapesca has almost settled a trade agreement with a Chinese state-owned investment group, to whom it would sell its shrimp fishing freezer fleet, reports Revista Puerto. According to the report the Chinese company has been assessing the state of the shrimper fleet at its port base in Puerto Madryn.

Advertisement

Get Email News Reports!

Get our news right on your inbox.
Subscribe Now!

Advertisement