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Argentina’s Primary Elections Show That Macri’s Anti-Populism Can Win

image for Argentina 2017
Except in times of war, few politicians have achieved great electoral success by telling voters to sacrifice living standards today for the sake of a better tomorrow. But in a surprising turn of events, voters in Argentina have just given an unexpected endorsement to this message, which has been the guiding logic behind the anti-populist…

IMF sees Brazil and Argentina helping to pull Latin America out of recession

The International Monetary Fund offered an encouraging outlook for Brazil´s growth in 2018 since the intense political uncertainty is yielding, monetary policy easing and progress on the government’s economic reform agenda should help the country pull out of its worst recession in a century. Brazil will grow 1.7% in 2018, compared…

Understanding the Investment profile in Latin America – opportunities abound

Latin America’s biggest investment fund focused exclusively on the region has a message. “If you are seeking returns, go LatAm,” Javier Montero (pictured below), a fund manager with Moneda Asset Management SA, said in an interview at the company’s headquarters in Santiago, Chile. Moneda, with US$6.5 billion under…

Forbes 2016 World’s Billionaires: Meet The Richest People in Chile

Chile is home to 11 billionaires in South America, out of whom 10 have made it to the list of Forbes’ 2016 billionaire rankings. The Forbes Billionaires list is a snapshot of wealth taken on Feb. 12; we used stock prices and exchange rates from that day. Some fortunes could have changed considerably since then. 1. Iris Fontbona #101 on…

Chile constructs the world’s largest telescope in the Atacama Desert

Chile has started construction on the European Extremely Large Telescope, which when completed will be the world’s largest optical telescope, some five times larger than the top observing instruments in use today. “What is being raised here is more than a telescope. Here we see one of the greatest examples of the possibilities of science,”…

Chinese and Europeans very interested in the $1.5 billion Chile-Argentina Agua Negra Tunnel

Chinese and European firms have formally expressed interest in building a landmark US$1.5 billion tunnel under the Andes mountains to connect Argentina and Chile. Chinese companies Power China and the Chinese Communications Construction Company, Spain’s OHL and FCC, and Italy’s Astaldi and Salini Impregilo are among…