JPMorgan Chase Announces Global Service Center In Buenos Aires

[soliloquy id=”21088″] JPMorgan Chase & Co. (NYSE: JPM) yesterday announced the opening of a new global service center in Buenos Aires pointing to several positive factors like cheap real estate, a convenient time zone and a highly skilled labor force which helped the Argentine megacity trump other South American metros like Bogota, Santiago and São Paulo. JPMorgan Opening A Regional Center With 1,000 Professionals is the headline …

Uruguay Gold Mine Resource Estimate Revised Sharply Higher

[soliloquy id=”21075″] The northern Uruguay Department of Rivera attracted British miners a full century ago and Spanish mineros 250 years ago. Now a South American producer and explorer is writing the next chapter in Uruguay mining history, and the outlook is brillante based on revised resource estimates. This month Orosur Mining (OMI.TO) announced an upward revision for the San Gregorio deposit thanks to exploration activities …

VanityBA: Argentina Footbal Hits A New Low At The Bombonera

[soliloquy id=”21058″] Last night’s highly-anticipated match between crosstown rivals River Plate and Boca Juniors is being referred to by the local press this morning as “the worst of football” (La Nacion), “a historic laughing stock” (iProfesional), and “a national shame” . It’s one thing when your fans demonstrate their “passion” by destroying a downtown McDonald’s, but firing tear gas into the visiting team’s …

Global Fashion Brands Targeting South America, Still Avoiding Argentina

[soliloquy id=”21042″] Four years removed from the mass exodus of Polo Ralph Lauren, Louis Vuitton and Escada from the streets of Recoleta, global fashion brands are once again targeting major South American metros with the notable exception of BA. “Foreign Clothing Brands Keep Avoiding Argentina” is the headline of Alfredo Sainz’s excellent piece in La Nacion charting the retail resurgence in neighboring countries and the extended fashion …

Chevron Confirms “Impressive Progress” Of Vaca Muerta Shale Oil Production

[soliloquy id=”21029″] The Vaca Muerta shale formation in Argentina’s Neuquen Basin continues to generate positive results and press releases for Chevron Corporation. Chevron Reaffirms Investment & Highlights Results is the headline of an article in today’s Diariamente Neuquen which says the California-based company’s Loma Campana well has doubled hydrocarbon output since January 2014. The Chevron press release touted the “impressive progress” …