"...the economy has grown by 8 percent for two
consecutive years, exports have zoomed, the
currency is stable, investors are gradually
returning and unemployment has eased from
record highs - all without a debt settlement or
the standard measures required by the
International Monetary Fund for its approval."
consecutive years, exports have zoomed, the
currency is stable, investors are gradually
returning and unemployment has eased from
record highs - all without a debt settlement or
the standard measures required by the
International Monetary Fund for its approval."
"This is a remarkable historical event, one that challenges 25 years of failed
policies," said Mark Weisbrot, an economist at the Center for Economic and
Policy Research, a liberal research group in Washington. "While other countries
are just limping along, Argentina is experiencing very healthy growth with no
sign that it is unsustainable, and they've done it without having to make any
concessions to get foreign capital inflows."
policies," said Mark Weisbrot, an economist at the Center for Economic and
Policy Research, a liberal research group in Washington. "While other countries
are just limping along, Argentina is experiencing very healthy growth with no
sign that it is unsustainable, and they've done it without having to make any
concessions to get foreign capital inflows."
The Brazilian oil company Petrobras bought a stake in a leading energy
company. Another Brazilian company, AmBev, has acquired a large interest in
Quilmes, Argentina's leading beer brand, and a Mexican company has bought up
control of a leading bread and cake maker.
Asian countries, with China and South Korea in the lead, have begun to move in.
During a state visit last month, the Chinese president, Hu Jintao, announced
that his country plans to invest $20 billion in Argentina over the next decade.
company. Another Brazilian company, AmBev, has acquired a large interest in
Quilmes, Argentina's leading beer brand, and a Mexican company has bought up
control of a leading bread and cake maker.
Asian countries, with China and South Korea in the lead, have begun to move in.
During a state visit last month, the Chinese president, Hu Jintao, announced
that his country plans to invest $20 billion in Argentina over the next decade.
| American Companies in Argentina |
Just to name a few that are household names to most of us:
Xerox Corp Westinghouse Weight Watchers Warner Bros
United Press Uniroyal Trans World Trane
Texas Instruments Revlon Pfizer Pepsico
Paker Pen Co. NCR Corp Microsoft MCI
Mary Kay Johnson & Johnson S C Johnson Kellogg
ITT Sheraton IBM Corp Hyatt Intl HP
GTE Corp Goodyear Gillette GE
Ford First National Bank Eastman Kodak Exxon
Dupont Dow Corning Dow Chemical Clorox
Columbia Pictures Colgate-Palmolive Coca-Cola Co. CitiCorp
Black $ Decker BellSouth Bank of New York Avon
Avis American Express Hertz
Xerox Corp Westinghouse Weight Watchers Warner Bros
United Press Uniroyal Trans World Trane
Texas Instruments Revlon Pfizer Pepsico
Paker Pen Co. NCR Corp Microsoft MCI
Mary Kay Johnson & Johnson S C Johnson Kellogg
ITT Sheraton IBM Corp Hyatt Intl HP
GTE Corp Goodyear Gillette GE
Ford First National Bank Eastman Kodak Exxon
Dupont Dow Corning Dow Chemical Clorox
Columbia Pictures Colgate-Palmolive Coca-Cola Co. CitiCorp
Black $ Decker BellSouth Bank of New York Avon
Avis American Express Hertz
What does the
NY Times say?
NY Times say?
"A busy restaurant in
Buenos Aires reflects
an economic recovery
in which exports have
zoomed, the currency
is stable, investors are
gradually returning and
unemployment has
eased from record
highs."
USA Today
March 28th 2008:
Other areas of
Argentina are also
experiencing huge
growth and foreign
investment. This
article addresses the
opportunities available
in northern areas
although pricing is
much higher than in the
San Rafael area that is
well known for its' wine.
Wall Street Journal
March 29th 2008:
Great article entitled
"Money on the Vine"
talks of the incredible
investment
opportunities in the
San Rafael / Mendoza
region. History of the
area as well as the
beauty of the
surrounding mountains
is also
mentioned.....good
history lesson
included.
Mini-vineyards are a
fast growing option for
foreigners to invest in,
particularly those
interested in retiring to
the area.
Buenos Aires reflects
an economic recovery
in which exports have
zoomed, the currency
is stable, investors are
gradually returning and
unemployment has
eased from record
highs."
USA Today
March 28th 2008:
Other areas of
Argentina are also
experiencing huge
growth and foreign
investment. This
article addresses the
opportunities available
in northern areas
although pricing is
much higher than in the
San Rafael area that is
well known for its' wine.
Wall Street Journal
March 29th 2008:
Great article entitled
"Money on the Vine"
talks of the incredible
investment
opportunities in the
San Rafael / Mendoza
region. History of the
area as well as the
beauty of the
surrounding mountains
is also
mentioned.....good
history lesson
included.
Mini-vineyards are a
fast growing option for
foreigners to invest in,
particularly those
interested in retiring to
the area.
December 26:
| Foreign Investments: |
| What other American Companies invest in Argentina? |
