Argentina

Want to cash in on emerging markets? Buy these ETFs, portfolio manager says
Interest in emerging markets has been growing and investors are now looking out for sectors and stocks best placed to benefit. “Emerging markets are too important to ignore,” says Malcolm Dorson, a senior portfolio manager at the U.S.-headquartered Mirae Asset, which has around $600 billion in assets under management. “Emerging markets have a multi-decade story […]
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The best-performing global bond fund is up 74% over the past year. Here’s where it’s invested
Gecko Capital’s Maunakea Emerging Markets Debt Recovery Fund has delivered an impressive 74% return over the past year, and its fund manager is particularly bullish on two South American economies looking ahead. The fund aims to make double-digital returns annually on a U.S. dollar basis and currently yields around 10%, which is “conservatively” estimated, according […]
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Argentina’s Senate passes Milei’s economic reform bill as protesters clash with riot police
Aerial view of a fire during a protest outside the National Congress in Buenos Aires on June 12, 2024. Tomas Cuesta | Afp | Getty Images Argentina’s Senate narrowly passed President Javier Milei’s sweeping economic reform bill, delivering a tentative legislative victory to the right-wing leader even as protesters clashed with riot police. Lawmakers in […]
Read MoreI expended 18 months and $34,000 touring the planet but was burnt out and unhappy—this was my No. 1 blunder
In August 2022, I quit my dream job. Seeking to recover my burnout and uncover happiness over and above work, I expended a 12 months and a 50 percent — and $34,000 — discovering South The us and Asia. For the to start with quite a few months, I dashed via my bucket record places, […]
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Dying toll from southern Brazil rainfall rises to 78, a lot of nevertheless missing
A typical check out of flooded streets after the overflow of the Guaiba river on Might 4, 2024 in Porto Alegre, Brazil. Rains have struck heavily the Brazilian condition of Rio Grande do Sul creating damages in the infrastructure and displacing more than 115,000 individuals. Authorities report around 78 fatalities and count on the death […]
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Crisis-stricken Argentina will have to dollarize and get rid of the central financial institution, veteran economist says
A guy carrying a Diego Maradona t-shirt walks by the Argentine Central Bank on November 30, 2023 in Buenos Aires, Argentina. Tomas Cuesta | Getty Pictures News | Getty Pictures Argentina is in the grip of a profound economic disaster, and just one veteran economist thinks section of the remedy is for President Javier Milei […]
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Argentina’s Milei accused of double specifications in a scandal more than a 48% fork out elevate
Argentina’s President Javier Milei gestures although providing his initial coverage speech to parliament for the duration of the inauguration of the 142nd standard session of Congress in Buenos Aires on March 1, 2024. Juan Mabromata | Afp | Getty Images Argentina’s Javier Milei has been accused of hypocrisy for orchestrating a significant increase in presidential […]
Read MoreCoca-Cola CEO says inflation is moderating in most markets after higher prices boost revenue
James Quincey, CEO of Coca-Cola Co., speaking on “Squawk Box” at the WEF in Davos, Switzerland, on Jan. 18, 2023. Adam Galica | CNBC Inflation is moderating in most markets, after a stretch in which the beverage maker relied on price hikes to drive higher revenue, Coca-Cola CEO James Quincey said Tuesday. Coke reported its […]
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A nationwide strike in Argentina poses major take a look at to Milei’s financial ‘shock therapy’
Javier Milei, Argentina’s president, during a particular handle on day two of the World Financial Discussion board (WEF) in Davos, Switzerland, on Wednesday, Jan. 17, 2024. Bloomberg | Bloomberg | Getty Illustrations or photos Argentina’s greatest labor union grouping on Wednesday is anticipated to hold a nationwide basic strike to protest President Javier Milei’s shock […]
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