From just a company with no operational activity four years ago, Vista Oil & Gas has become one of the largest oil producers in the shale-rich Vaca Muerta basin, and is aiming for further growth in 2021. On Friday, the firm announced it would increase spending this year to at least US$ 275 million, or … Read more

Extreme poverty in Latin America has reached its worst level in 20 years due to the coronavirus pandemic, a report by the UN said on Thursday. Poverty is also at its highest level in 12 years after the number of poor people in the region rose by 22 million in 2020 to 209 million. The … Read more

THE WEEK IN CORONAVIRUS There were 2,054,681 confirmed cases of coronavirus and 51,000 deaths at press time yesterday as against last week’s figures breaking through the barriers of two million cases (2,008,345) and 50,000 deaths (50,029), in both cases on the previous Friday (February 12). Ash Wednesday saw a major milestone within the pandemic with … Read more

Exempting Covid-19 vaccines from intellectual property rights will not speed up production or distribution of the jabs, a pharmaceutical industry association argued Tuesday. Proponents of doing away with IP rights say more companies could produce the vaccine, which could then be used in poorer nations that have yet to receive any jabs. But the head … Read more

Economy Minister Martín Guzmán is expected to visit Washington in mid-March to continue talks with the IMF on a new loan package, a Fund spokesperson said Thursday. The two sides have been in discussions for months to try to agree on a suite of reform measures that could unlock new funding to help Argentina recover … Read more