President Mauricio Macri appears determined to advance new reforms and build on his successes as he faces his third year in office.
Argentina returned to the international bond markets for the first time in 15 years on Monday as it winds down a long-running battle with investors following its 2001 default, IFR reported.
Argentina is set to launch a $12 billion-plus bond that would mark a return to the capital markets after 14 years and settle a lengthy dispute with global hedge funds.
Argentina has offered to pay about $6.5bn in cash to US holdouts, in an attempt to put an end to a decade-long legal dispute. The FT reports.
One debt-mired Socialist country may soon return to the capital markets, say analysts — but it's not Greece.
Sam Zell, chairman of Equity Group Investments, said Colombia "may be the best country to invest in" for a number of reasons, including its growing oil production.