LatAm Media Navel Gaze: January 19, 2018
This week, Argentina and China signed a “historic” agreement, allowing Argentine meats access to the Chinese market. The deal concludes fifteen years of negotiations and enables access to the world's largest beef importer .
On Tuesday, Brazilian stocks edged up to an all-time high as optimism over the nation's economic prospects kept an early-year rally alive. The benchmark Bovespa stock index rose 0.3% to 79,951 nearing the 80,000 milestone for the first-time ever.
Brazilian Petrobras, has completed the sale of its shares to France’s Total for US$1.95 billion. The deal was announced as part of the two companies’ Strategic Alliance, signed in March 2017.
According to figures released Wednesday by the Costa Rican Coalition of Development Initiatives (Cinde) and the Ministry of Foreign Trade (Comex), foreign investment in the country has created 13,754 new jobs over the past year.
Cuba has not provided a detailed breakdown of key economic activity in its annual statistical abstract for the first time this century, leaving "would-be" investors more in the dark than usual about the cenrtralized-run economy.
According to the most recent Transactional Track Record report, the Peruvian mergers and acquisitions (M&A) market closed the fourth quarter of 2017 with a total of 28 operations, of which 14 have a non-confidential amount amounting to approximately US $ 2.8 billion.