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Tag Results for "Foreign Investment In Latin America"

Indigenous Indians Take Over U.S. Gas Plant in Argentina

Apache, a Houston-based energy company that began operating in Argentina in 2001 but has been forced to halt drilling for security reasons, has urged the courts to intervene and resolve the conflict, company spokespersons told Efe. continue reading »

Emerging Economies Like Latin America Attracted Greater Share of Foreign Investment Says UN

Foreign direct investment (FDI) to developing and transition economies rose last year, while investment flows to developed countries declined, the United Nations agency tasked with promoting trade said in an update on global investment trends released today. Developing and transition economies accounted for more than half of global flows, the UN Conference on Trade and Development (UNCTAD) reported, noting that there was a strong rebound in FDI to developing Asian economies and Latin America, while Europe stood out as the region where flows fell the most sharply. While the increased profits of foreign affiliates, especially in developing countries, boosted reinvested earnings, the uncertainties surrounding global currency markets and European sovereign debt resulted in negative intra-company loans and lower equity investments. continue reading »