Walmart International Sees Strongest Sales Growth in Argentina

Patrick Archer competitiveness, foreign investment, us companies

Despite the media hype and bizarre headlines generated by the just completed Black Friday retail event, the annual day-after-Thanksgiving shopping holiday has come and gone with little economic impact in the US. In fact, a leading survey of economists forecasts US growth will be a modest 2.5% in the final three months of 2011. Just as a famous Wendy’s ad …

WSJ: More Americans Discover New Life in Argentina

Patrick Archer creative class, entrepreneurs, foreign investment, lifestyle, real estate, wine & vineyards

The Wall Street Journal’s ongoing series of travel stories from Americans living abroad touches down today in Argentina. Having lived and worked in Arizona, California, Colorado and New York, Yvonne and Tom Phelan were finally ready to settle down in 2007. Unfortunately, their lifelong dream of owning a vineyard in Napa Valley was priced out of reach, so they headed …

ArgenChina: Soybean Rift Highlights Degree of Trade Dependence

Patrick Archer agribusiness, competitiveness

The Argentina-China bilateral trade relationship is experiencing some mild turbulence thanks to a recent rift over soybean oil exports. The pairing of the world’s largest soybean oil exporter (Argentina) with the world’s largest consumer (China) was a match made in import/export heaven. But like all good relationships, jealousy often surfaces when one partner seems to be gaining the upper hand …

Housing IPO Highlights Pent-up Real Estate Demand in Argentina

Patrick Archer foreign investment, real estate

It’s been almost two years since the Argentina stock exchange celebrated an IPO, but local homebuilder TGLT is ready to end the BA Bolsa’s offering drought. The Wall Street Journal’s Matthew Cowley reports, “TGLT plans to raise between $50 million and $70 million from an initial public offering of shares, equivalent to about 30% of the company’s total capital. About …

Bienvenidos A Bordo: 2010 Market Predictions for Argentina

Patrick Archer foreign investment, uruguay

Latin America is a region of the globe where pessimism springs eternal when it comes time for annual economic forecasts. From a BA perspective, it’s a little like making a reservation with Aerolineas, the state-owned airline: You know you will eventually reach your destination, but you’re just not exactly sure how or when. Similarly, economists and regional analysts know Latin American countries …