Articles

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New marine park protects half a million penguins

Wildlife Conservation Society

NEW YORK (August 9, 2007)—The Bronx Zoo-based Wildlife Conservation Society announced today that the government of Argentina will create a new marine park along its isolated and windswept Patagonia coast to safeguard more than half a million penguins and other rare seabirds. Located in Golfo San Jorge, the new protected area covers around 250 square miles (647 square kilometers) of coastal waters and nearby islands strung along almost 100 miles (160 kilometers) of shoreline. Keep reading about the New Argentina National Marine Park

 

Investment | 18.02.2007  © 2007 Deutsche Welle

South America Braces for Influx of European Property Investors

Brazil's cheap property is one of the South American power's less obvious attractions. 

The rapid devaluation of Brazilian and Argentine currencies since the 1990s has lured Europeans to act quickly on the renewed attractiveness of real estate in South America's largest economies.

"Argentina: Europe at a third of the price," says one investment-promoting internet blurb. Another market observer puts the prices as low as one-tenth of European prices... Keep reading about Argentina Real Estate

 

Argentina: Patagonia to the Highest (Foreign?) Bidder

B21732 / Fri, 16 Feb 2007 11:06:25 / Corporations

_{By Marcela Valente}

BUENOS AIRES, Feb 12 IPS News – A new book based on a journalistic investigation into major land purchases in Argentina’s southern Patagonia region by foreign multimillionaires has been selling like hot potatoes, to both tourists and locals... Keep reading about Patagonia Real Estate

 

From The Sunday Times  January 14, 2007

Argentina’s ready to tango

Buenos Aires offers some of the best property bargains in the world. And, says Mangal Kapoor, the British are welcome...

Mention Buenos Aires, and most people in Britain still think of rioters protesting about the Falklands war. But in Argentina, all that is now a distant memory. The county’s capital has reclaimed its title as South America’s most cosmopolitan city and is once again attracting visitors from around the world. What’s more, the city’s English and Anglo-Argentine communities are thriving... Keep reading about Argentina Property

 

Chris Mayer – Daily Reckoning – UK
Wed 18 Oct, 2006

"Don't cry for me, Argentina,
The truth is I never left you." - Evita

Buenos Aires, Argentina. Travellers sometimes call it "the Paris of South America," for good reasons, which I'll get to momentarily. More importantly for investors, though, it is also a place where prime waterfront real estate goes for prices only one-tenth of what comparable properties go for in Europe and the United States. There are reasons for that, too. But I'll make the case that they are not good reasons.

Argentine real estate may never trade on par with Europe or the United States. But if it is two-tenths as valuable, prices will double. Sounds like a fair bet to me. Especially since Argentina's real estate is practically bubble-proof at this stage...  Keep reading about Argentina Real Estate

 

S&P ugrades Argentina to B+ as debt decreases

Mon Oct 2, 2006

 NEW YORK, Oct 2 (Reuters) - Standard & Poor's said on Monday it upgraded Argentina's credit ratings to reflect improvement in the country's external liquidity and a decrease in its debt burden. 

The ratings agency raised Argentina's long-term local and foreign currency ratings to "B+" from "B". The outlook on the ratings is stable.  "Impressive current account and fiscal surpluses, combined with rapid and broad-based GDP growth in recent years, have strengthened the sovereign's financial profile," S&P said in a research note. "The threat of economic disruption caused by the acrimonious process of debt rescheduling has also abated."  Keep reading about Argentina Property

 

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