Arrival of Digital Nomads In Latin America Brings Negative Economic, Social Impact
Latin America’s major cities have seen an influx of remote workers, but which has put pressure on rents and generated unexpected consequences
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Cipriani Sells US$17 Million Penthouse in Punta del Este Luxury Complex as Construction Advances
Giuseppe Cipriani gave Bloomberg Línea a tour of the Cipriani Resort, Residences & Casino construction site. So far, 40% of units in the first of three towers have been sold. The project’s US$600 million investment is the largest in the city’s history
Exclusive: Colombia’s Finance Chief Seeks Fiscal Rule Changes, Downplays New Tax Reform
Finance Minister Diego Guevara told Bloomberg Linea the central bank’s new co-directors are technically qualified, while bringing a broader vision to monetary policy compared to their predecessors
Argentina Could Reach Investment Grade Under Milei, Says Top-Performing Macro Fund of 2024
Discovery Capital Management founder Rob Citrone told Bloomberg Línea that capital flows to the country should surge once capital controls end. The hedge fund led returns among peers last year
WEG is Prepared to Seize Opportunities in Energy Transition, Says CEO Alberto Kuba
In an interview with Bloomberg Línea, Alberto Kuba outlines how the Brazilian company is investing in technologies poised for high demand in coming decades, and particularly in the energy transition
Cofece Fines Mexican Companies on Gas Price Manipulation under AMLO, Peña Nieto
The country’s Federal Economic Competition Commission issued a MXN$437 million fine on gasoline companies and executives for conspiring on fuel prices
Brazil’s Patria Seals Third Colombian Highway Concession, Aims for US$2.2B AUM
Roberto Cerdeira, a partner leading Patria’s infrastructure portfolio, told Bloomberg Línea about his firm’s acquisition of the Pacífico 3 concession and plans across Latin America
Exclusive: Argentina’s Government Targets Debt Refinancing in New IMF Talks
Economy Minister Luis Caputo’s team told Bloomberg Línea that negotiations will begin in the coming weeks and that are expected to be a lengthy process