Investments

• Friday, November 3rd 2017 - 07:52 UTC

  EU support: Argentina sells 30-year Euro bond, first time in history

  

  Argentina finalized its foreign bond sale plan for 2017 on Thursday, selling 2.75 billion Euros in three bonds in an offering that was more than four times oversubscribed, the Finance Ministry said in a statement.

• Friday, November 3rd 2017 - 07:45 UTC

  Macri's ambitious infrastructure investment plan begins with 7.700kms of roads

  

  Argentina hopes to attract US$26.5 billion in infrastructure investments through 2022 in the form of public-public private partnerships (PPPs), government officials told a gathering of construction and finance executives this week.

• Wednesday, November 1st 2017 - 08:46 UTC

  Argentina unveils plan to slash corporate income taxes to promote investment

  

  Argentina plans to cut corporate income taxes to 25% by 2021 for companies that reinvest profits, it said on Tuesday, part of a wide-reaching tax reform bill intended to accelerate investment in Latin America's no.3 economy. The bill, which would slash taxes for companies willing to reinvest in Argentina from 35%, will be sent to Congress in the coming days, Treasury Minister Nicolas Dujovne said.

• Monday, October 30th 2017 - 11:02 UTC

  Brazil wants detailed investigation into Canada's aerospace industry “subsidies”

  

  Canada has urged the World Trade Organization to block attempts by Brazil to trigger a detailed investigation of its aerospace industry to buttress its case that subsidies to Bombardier caused “serious prejudice” to Brazil’s Embraer. The procedural move by Canada comes a month after the WTO agreed to set up a panel to investigate Brazil’s claim that Canada provided harmful aid to the CSeries jet.

• Thursday, October 26th 2017 - 06:49 UTC

  YPF unveils ambitious US$ 30bn five-year investment plan

  

  Argentina's state-controlled energy company YPF has unveiled a US$ 30bn five-year investment plan to boost oil production and sharpen its focus on electric power generation. Some US$21.5bn will come from YPF's own coffers, with the remainder to be sourced from its project partners, the company said in a statement on Wednesday.

• Wednesday, October 25th 2017 - 11:36 UTC

  Saudi Arabia announces plan to build US$ 500bn new city and a bridge connecting with Egypt

  

  Saudi Crown Prince Mohammad Bin Salman announced plans to build a new city on the Red Sea coast, promising a lifestyle not available in today’s Saudi Arabia as he seeks to remake the kingdom in a time of dwindling resources.

• Saturday, October 21st 2017 - 07:30 UTC

  Uruguay government announces presence of hydrocarbons in an exploratory well

  

  The Uruguayan government announced on Friday the presence of hydrocarbons in the north west of the country, in the framework of exploratory drilling by US based Schuepbach Energy. The discovery took place in the county of Paysandu, some 400kms north of the capital Montevideo.

• Friday, October 20th 2017 - 05:18 UTC

  Some thoughts about the 9 November Falklands' general election

  

  By John Fowler - At the time of going to press, so far sixteen brave or foolhardy souls have declared their candidature for the General Election. This is one more than in 2013 and may be the most ever. With an average age of less than fifty years this group is almost certainly the youngest. Gone, it would seem, are the days when only the wealthy, retired, unemployed, or possibly unemployable old were available to stand.

• Thursday, October 19th 2017 - 07:39 UTC

  Mercosur/EU trade deal again faces French foot dragging with Irish support

  

  France will propose changing the European Commission’s mandate to negotiate a trade deal with Mercosur bloc to include food safety provisions, its envoy to Brazil said on this week.

• Thursday, October 19th 2017 - 07:27 UTC

  Falklands welcomes the registry of a new freezer trawler

  

  The Falkland Islands Executive Council this week welcomed the registration of the new Falklands fishing vessel freezer trawler Monteferro belonging to Kalamar Ltd. MLA Mike Summers said: “This is the second major private sector investment in fishing vessels this year, and represents good progress in the industry.”