Investments

Saturday, August 31st 2019 - 17:57 UTC
Brazil planning to privatize public TV and radio network

Brazil will add public TV and radio network Empresa Brasil de Comunicação to government-owned companies to be privatized, two sources with knowledge of the matter said on Thursday.
Friday, August 30th 2019 - 09:55 UTC
No end to uncertainty: Argentine bonds plunge and the country risk soared to 2.276 points

Argentine bond prices fell on Thursday and the country risk soared to levels not seen since 2005 after the government announced plans to extend maturities on an estimated US$ 100bn in debt, raising fear of a full-blown financial crisis.
Thursday, August 29th 2019 - 10:50 UTC
Argentina announces it will “re profile” IMF loan and sovereign bonds' maturities

Argentina will negotiate with holders of its sovereign bonds and the International Monetary Fund to extend the maturities of its debt obligations, as a way of ensuring the country's ability to pay, Treasury Minister Hernan Lacunza said on Wednesday.
Thursday, August 29th 2019 - 09:49 UTC
IMF held “productive talks” in Argentina and is analyzing the impact of the latest debt operation announced

The International Monetary Fund is analyzing the impact of a new debt plan announced by Argentina’s Treasury Ministry on Wednesday, an IMF spokesman said. IMF staff understands that Argentina has taken “important steps” to address liquidity needs and safeguard reserves, the statement by IMF spokesman Gerry Rice said.
Tuesday, August 27th 2019 - 20:55 UTC
Fernandez tells the mining industry that exports are “the only solution” for Argentina

Argentina's opposition candidate Alberto Fernandez told mining companies and governors from key mining provinces on Monday that exports were “the only solution” for Argentina, his coalition said.
Tuesday, August 27th 2019 - 08:18 UTC
Questioned at G7, Trump defends his negotiating style with China: “Sorry it's the way I do it”

Crushing off concerns about global economic instability, US President Donald Trump on Monday defended the way he is trying to squeeze a trade deal out of China, saying it's what worked for him in business.
Tuesday, August 27th 2019 - 07:50 UTC
Leonarod Di Caprio's Earth Alliance donates US$ 5 million to help Amazon indigenous communities

Leonardo Di Caprio's environmental organization is putting US$5m towards helping the Amazon rainforest after the recent surge in fires there. Earth Alliance will give the money to local groups and indigenous communities as they work to protect the Amazon.
Monday, August 26th 2019 - 19:02 UTC
Trump to hold off from a further tariff escalation in the trade war with China, admits “second thoughts”

President Donald Trump on Sunday denied that his trade war with China is causing friction at the G7 summit, but indicated he will hold off from a threatened further escalation for now. “I think they respect the trade war. It has to happen,” Trump told reporters in Biarritz, France, where he was meeting with other leaders of the G7 group.
Saturday, August 24th 2019 - 09:54 UTC
IMF mission arrives to Argentina this Saturday: US$ 5.3bn disbursement to be considered

Delegates from the International Monetary Fund (IMF) land in Buenos Aires Saturday as concerns about Argentina’s economy cast doubt upon the future of its record US$56 billion bailouts. The date of the trip was agreed with the Argentine central bank chairman, Guido Sandleris.
Friday, August 23rd 2019 - 09:40 UTC
Forest fires in Bolivia: half a million hectares, 1.700 fighters and a Super tanker

Bolivian authorities warned this week that 70% of the department of Santa Cruz — where more than a quarter of the country's population lives — is under “extreme risk” from forest fires. According to the government, nearly 500,000 hectares of forest have now been turned into ashes.