Whether the problem is high interest rates or low demand, corporate lending and investment in Argentina is at a standstill, even though the capital markets are willing to do business.
Author Archives: Dan Krishock
Posted inMagazine
Even Blue Chips
Nobody is exempt from the disenchantment with emerging market risk. Long-term capital buyers are scarce even at Metrogas, the British Gas affiliate in Argentina, despite rising revenues and cashflow.
Posted inMagazine
In Steep Decline
The Buenos Aires Stock Exchange is slipping into obscurity as it becomes increasingly irrelevant. Authorities are tweaking the system but it cannot withstand the forces shifting power to larger markets.