Blue Dollar Updates

Why Argentina Fails to Attract Investors Despite Multinationals Exiting

Under President Javier Milei’s administration, a minimum of 16 multinational corporations have exited Argentina to date. The sectors exhibit variability; however, they are predominantly influenced by issues such as insufficient legal security, profitability challenges, complications in dividend collection, and the regional strategies employed by firms. A comprehensive array of structural factors has hindered the official … Read more

Blue Dollar Updates

Bessent urges investors to step up and save Argentina

The United States realized a gain from the acquisition of Argentine pesos. Banks having engaged in discussions with the US Treasury throughout October regarding a strategy to secure billions for Javier Milei, have not made progress this week. Scott Bessent conveyed a clear message to Argentine investors: Now it’s your turn. With Bessent’s mission accomplished … Read more

Argentina Investors Set to Soar Following Milei’s Election Triumph

Argentine assets are poised for a significant rally following President Javier Milei’s impressive performance in the legislative elections, surpassing even the most optimistic predictions and alleviating investor fears that his ambitious economic overhaul of the crisis-ridden nation might falter. As over 90 percent of ballots have been tallied, Milei’s party has secured 41 percent of … Read more

Investors worry about graft scandals

“If the reforms are questioned for being pushed by a government accused of corruption, they will never be long-term,” concludes one of Argentina’s top businessmen. The apprehension regarding the potential collapse of extensive initiatives, which may be influenced by the “early denunciations” of corruption within the upper echelons of President Javier Milei’s national administration, is … Read more