Retire in Buenos Aires the city of passion
Retire in Buenos Aires the city of passion Buenos Aires is one of the world’s most beguiling places, best known worldwide for the tango, its most famous cultural export. It is a dance of passion, sensuality, longing and nostalgia that is an apt metaphor for this city where everything is approached, considered and conducted with passion. Buenos Aires is also friendly, welcoming, open and accessible in a way that makes it easy, once you’ve experienced it, to say, “I could see myself living here.”…
Latin America’s troubled middle class is here to stay
Latin America’s troubled middle class is here to stay This article was written by Christopher Lenton and was published on October 6, 2014 in BNamericas) In a recent report, Moody’s warned that the middle class in Latin America is “moderating.” “Economic growth throughout Latin America is slowing down, with growth in the first half of 2014 lower than we expected, negatively affecting both consumption and investment,” said Gersan Zurita, a Moody’s senior vice president. The…
Argentine Constitutional Law Professor Daniel Sabsay strongly criticises the current government
Argentine Constitutional Law Professor Daniel Sabsay strongly criticizes the current government Cristina Fernandez challenged to show her law degree and Timerman described as a ‘traitor’ A colloquium sponsored by an Argentine business grouping, IDEA, that has been critical of the government of Cristina Fernandez, but in a framework of moderation and self containment, turned into a students’ open assembly when a constitutional law professor gave a speech on the rule of the law, called on President…
Andres Oppenheimer: Latin America maybe doing better than it seems
Andres Oppenheimer: As we anticipated in a recent column, the International Monetary Fund and the World Bank have just released pretty grim economic forecasts for Latin America in 2015. But the truth is, only three big countries will do badly — and the rest of the region will do pretty well. Both the IMF and the World Bank, which held their annual meetings in Washington, D.C., last week, estimated that Latin America and the Caribbean will grow by a meager 2.2 percent next year, one of the region’s worst…
Where are Chinese retail Investors putting their money ?
WHERE CHINESE ARE HEADING This year, South Korea, Thailand and Japan are the top 3 countries for China’s rising middle-class travelling overseas. South Korea received a boost from its popular soap operas – which China’s first lady, Peng Liyuan is even a fan of. Japan’s weakened yen makes for affordable travel, and Thailand became more attractive to Chinese travellers due to its loosened visa requirements. For China’s affluent, the US, Australia, New Zealand, Europe and Dubai are considered…
Is Argentine property a buy ?
Is Argentine property a buy ? Argentina is now one of the cheapest markets in the world. With good reason, Argentina has been out of favor for ten years, due to its current and past incompetent fiscal management and erratic investment policies. For some time there has been a concern that it was following in the footsteps of the failed state of Venezuela previously led by the deceased dictator Hugo Chavez. However, there a large differences between Argentina and the Central American Countries have followed the…
Latin America is Bank Santander’s Cash Box
Latin America represents 51% of group’s profits; In Argentina, Santander Río is its biggest private entity Emilio Botín, the powerful chairman of the Santander group who died on Tuesday, had strong ties with Latin America that went well-beyond the financial elite. He rubbed shoulders with Spanish royalty and regularly received political leaders and heads-of-state at his office in Madrid. Botín was able to take advantage of cultural and language ties to rapidly expand his group into Latin America, where…
Startups businesses surge in South America
(This article was written by Mark Lennon and Christine Magee and was published on July 1, 2014 on CrunchBase, for which they work as analysts.) Winter is coming in South America, but for investors and entrepreneurs things are starting to heat up across the continent. New tech communities are sprouting up in South America to serve the 200M+ population that is increasingly reliant on internet and mobile technology. In June the accelerator program Start-Up Chile announced Generation Ten, its latest batch of…
Argentina’s richest 15 families worth is over 27 Billion US dollars
Argentina’s richest 15 families worth is over 27 Billion US dollars ( 2014 ) The total fortune of the 15 wealthiest Argentines has been estimated at 26.85 billion dollars, falling just shy of the 27.679 billion dollars currently in the Central Bank’s foreign reserve account, according to a list of the country’s richest people published recently by the local edition of Forbes magazine. The difference being this money is real whereas no one believes the Argentine Central Bank actually has 27 Billion…
