Investors say belt-tightening is good first step but short-term pain could be too much
Author Archives: Charles Newbery
Posted inDaily Brief
Argentina devalues peso, axes subsidies to rein in deficit
New government unveils 118% currency devaluation as part of ambitious package to balance budget
Posted inDaily Brief
Frimosa dips into seafood
Uruguayan agribusiness to buy Mar Austral to enter new business after selling cold storage facilities
Posted inDaily Brief
Milei takes office vowing to slash spending
Argentina’s new president says painful belt-tightening will avert hyperinflation
Posted inDaily Brief
Banvida extends debt maturity with swap
Chilean firm offers higher interest rate in exchange for extending tenor on new bonds
Posted inDaily Brief
Morixe buys Uruguayan food producer
Argentine food company makes its first acquisition since being taking over by SCP in July
Posted inDaily Brief
Bausili gets nod for Argentine central bank
Milei puts former JP Morgan executive in charge of crippled entity that he has proposed closing
Posted inInternational Financial Institutions
CAF to step up climate investments
Latin American development bank to promote adaptation and natural disaster management
Posted inDaily Brief
Codelco drafts in new CFO
Chilean state-owned copper miner hires Alejandro Sanhueza away from steelmaker CAP