The United States has approved a US$400 million highway investment in Argentina as President Donald Trump's eldest daughter Ivanka Trump visits the country on a wider tour of the region.
A report issued by the United States Department of State on the investment climate in Uruguay on Monday analyzed the legal, political and economic aspects of the country. On the one hand, it stands the legal security, the free movement of capital, the preferential regimes and the investment grade. On the other, it warns about aspects such as labor relations, the power of unions, the advantage of public companies and the increase of problems in education and security.
Warren Buffett has said he wants to invest more in the UK and other parts of Europe, despite uncertainty over the UK's future relationship with the EU. The US investment guru said he would like his firm, Berkshire Hathaway, to be better known across the Atlantic.
US investment bank JP Morgan has created a crypto-currency to help settle payments between clients in its wholesale payments business. JPM Coin is the first digital currency to be backed by a major US bank.