Financial deals could signal Argentina’s comeback
Argentina has been excluded from international financial markets since defaulting on bonds in 2001. But change is on the way. A recent energy deal will allow exploitation of the vast shale oil reserves in the Vaca Muerta basin. And a potential settlement with ‘holdout’ bondholders would allow the current government to borrow whatever it needs to maintain its social programmes and control inflation.
<em>Argentina recently reached a settlement with Repsol, the Spanish energy company, to pay US$5 billion for most of its share in the national petroleum company, YPF. This will allow Buenos Aires to proceed with exploitation ...
- Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
- Also considered useful for the administrative university facilities, to better understand the possibe effects of current decisions.