Argentina's market pulse is a tug of war between big foreign energy money and lingering legal risk. Major oil players are committing billions to local fields, and the local financi
Argentina's market pulse is a tug of war between big foreign energy money and lingering legal risk. Major oil players are committing billions to local fields, and the local financial plaza is seeing improved liquidity heading into October, while IMF talks on the third program review continue in the coming weeks. Meanwhile, investors in the state energy firm are asking the US Supreme Court to revive a large judgment against the country, keeping sovereign risk firmly on the table.
Sources
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