Hints and tips:
...Recognising Argentina’s “extraordinary and unique circumstances”, Preska in November agreed to hold off on enforcing the $16bn judgment so long as Buenos Aires moved to expedite its appeal against the verdict...
...Even if Argentina obtains no relief on appeal, you can be sure that Argentina will exhaust its legal recourse before considering settlement....
...The hard-left Unidad Piquetera social movement has announced plans to lead a march through downtown Buenos Aires on Thursday to oppose Milei’s austerity plans, while its leaders will meet to co-ordinate...
...But Tianqi’s investment to solidify its position in Latin America, home to the “lithium triangle” of Argentina, Bolivia and Chile, is in jeopardy as the Chilean government works to exert more control over...
...The Buenos Aires stock market was closed for a public holiday, but US-listed shares in state-controlled energy company YPF SA — which Milei has promised to privatise fully — rose almost 40 per cent....
...Argentina’s net foreign exchange reserves, excluding liabilities, are estimated to be about $4.5bn in the red, according to Fernando Marull, founder of Buenos Aires-based economic consultancy FMyA....
...Buenos Aires governor Axel Kicillof — a member of Argentina’s ruling Peronist faction who oversaw the YPF expropriation, and whose comments about it being “stupid” to comply with YPF’s bylaws were quoted...
...US-listed shares in state-controlled energy company YPF SA rose almost 40 per cent. The Buenos Aires stock market was closed for a public holiday but reopens this morning....
...Gustavo Ber, a financial analyst in Buenos Aires, said the central bank regulations had hit all private sector companies and their ability to access financing, with implications for future levels of investment...
...Those “holders”, such as Burford, hold ADS “tickets”, traded on the NYSE, that only represent actual YPF shares, which are traded in Buenos Aires in pesos....
...That faith in real assets is what sets Mr Elsztain apart from a generally gloomy business consensus in Buenos Aires....
...Argentina’s peso tumbled to a new low against the dollar on Thursday amid growing concerns that a longer-than-expected recovery in the economy could spark a renewed sell-off in the currency ahead of October...
...of Paolo Rocca, the billionaire chief executive of Tenaris, sparked an 8 per cent drop in the shares of the Milan-listed steel-pipe maker on Wednesday, as the “bribery notebook” probe continued to rock Argentina...
...Without doubt, investment would fall, production too, and we would have to import more,” said Daniel Gerold, an energy consultant in Buenos Aires....
...YPF, Argentina’s largest oil company, said it will invest more than $30bn over the next five years in a move aimed at emulating the US shale boom....
...The government of Mauricio Macri sees a path to victory in midterm elections in October along the 600km of unpaved bus routes in the sprawling shanty towns around Buenos Aires, the poorest part of Argentina...
...From humble beginnings as a flamenco dancer in a nightclub in Buenos Aires, Ernestina Herrera de Noble went on to control one of the most powerful media empires in Latin America....
...Mr Efromovich’s enterprises have also come under attack in Argentina, where he is keen to expand Avianca’s footprint....
...Mr Elsztain is Argentina’s biggest real estate developer, through New York-listed IRSA....
...President Mauricio Macri is pushing to revamp flagging production at Argentina’s massive shale reserves, with companies agreeing on Tuesday to invest as much as $15bn a year in exchange for lower labour...
...Argentina’s President Mauricio Macri faces crucial midterm elections this year at a time when the director of the intelligence agency is accused of receiving an Odebrecht bribe in 2013....
...Aires....
...Adecoagro, based in Buenos Aires, was backed early on by Mr Soros. His family office continues to hold a 9.5 per cent stake in the company....
...Since the country’s new government agreed a deal with holdout creditors, a number of companies and provinces have moved to sell debt overseas, including Buenos Aires....
...Emilio Ilac, chief executive of Puente, an investment bank in Buenos Aires, says Argentina is “already the star emerging market”....
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