Argentina Tempts Big Money Managers Again

After years of neglecting Argentina, some of Europe’s biggest money managers are returning to the country ahead of a presidential election this weekend that some hope will usher in a more stable era for investors.

Argentina has long been the preserve of speculative and distressed-debt investors amid a stagnant economy and a continuing dispute with international bondholders that has locked Buenos Aires out of international debt...

Brazil, Argentina boost World Cup chances

Home News Friday, November 20, 2015 - Sao Paulo—Arch-rivals Brazil and Argentina revived their 2018 World Cup qualifying campaigns with important victories on Wednesday as Copa America champions Chile crashed to defeat in their grudge match with Uruguay.An inspired performance from Douglas Costa helped Brazil produce their best performance of the campaign to date with a 3-0 defeat of Peru in Salvador.Two-time World Cup winners Argentina — who had taken just two points from their first three Read more [...]

Monsanto Eyes Opportunity in Argentina Ahead of Election Runoff

Monsanto Co. executives said they’re hopeful that Sunday’s presidential election vote in Argentina will lead to an overhaul of agricultural policies that have been blamed for a slump in production and exports from one of the biggest producers of corn and soybeans.Mauricio Macri, the opposition candidate and the frontrunner in voter surveys, has pledged for months to end export taxes of 23 percent on corn and 35 percent on soybeans. His rival in the runoff, Daniel Scioli, who’s backed by President Read more [...]

United States approves sale of four Bell 412EP helicopters to Argentina

The US Defense Security Cooperation Agency has notified the US Congress of a possible Foreign Military Sale (FMS) of four Bell 412EP helicopters to Argentina. The USD80 million deal includes spare parts, tools, pilot and technical training, and getting the aircraft ready to be shipped to the South American country. Argentina is actively looking for helicopters to reinforce Air Force stocks, including the recent purchase of two Bell 412EP units (one new and one second hand) through the Canadian Read more [...]

Mauricio Macri emerges as front-runner in Argentina, threatens Kirchners …

BUENOS AIRES — Just days before Argentina’s presidential runoff vote, center-right Buenos Aires Mayor Mauricio Macri has emerged as the unlikely front-runner as voters appear poised to turn the page on the 12-year rule of populist incumbent Cristina Fernandez and her late husband and predecessor, Nestor Kirchner.A Macri win in the continent’s second most populous country would mark the first major electoral defeat for the leftist governments that have dominated South America for the better Read more [...]

Argentina edge past Colombia

Barranquilla, Colombia: Argentina midfielder Lucas Biglia scored a 20th minute goal to kick-start their World Cup qualifying campaign with a 1-0 away victory over Colombia at the Metropolitano on Tuesday. It was Argentina’s first win in four qualifiers without injured captain Lionel Messi and leaves them with five points, still seven behind leaders Ecuador who beat Venezuela 3-1 away. Surprise package Ecuador extended to 12 points their perfect start, which began with a 2-0 Read more [...]