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Pessimism trap puts a damper on growth

Even at the best of times Argentines can be pessimistic about their country's prospects, but rarely in the recent past can the country's mood have been quite so gloomy. A corruption scandal in the senate has been the latest cause for hand wringing , but less than a year into the government of President Fernando de la Rúa, it is the state of the country's economy that is the cause of greatest concern ...more


FINANCE:
Investment funds are drying up
Rumours of a takeover spark a flurry of activity that briefly disturbs the peace of the handful of stockbrokers asleep on the seats that face the trading floor of the Buenos Aires Stock Exchange ...more


TOURISM:
Whale of a time for tourists
The cameras flash, jaws drop, and the crowd of awe-struck German tourists sounds a collective "Ah" as a 40-foot Southern Right whale arcs out of the water and submerges again, splashing its mighty tail into the deep blue sea only metres from their chartered boat ...more


DEBT:
Breathing space may be the answer
With most emerging markets now pulling out of recession, international investors have begun to focus with some concern on Argentina's debt. It is perhaps easy to see why. Argentina is one of the largest emerging market borrowers ...more


AGRICULTURE:
Glad tidings but very little cheer
Argentina's agriculture ministry is predicting a bumper harvest this year, probably the second-highest in the country's history. But the glad tidings have done little to cheer producers ...more


ECONOMY:
A waiting game for investors
When Wall Street focuses its wrath on Argentina - which from time to time it does - it is often a cause of puzzlement to Argentines. Seen from Buenos Aires, worries about the country's fixed exchange rate seem hard to understand ...more


INTERNET:
Rush to back new economy companies
The emergence of the new economy has shaken a conservative culture to its roots across Latin America, but perhaps nowhere more so than in Argentina.While conventional businesses have struggled to raise capital from their banks or on the stock market ...more
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