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A year after Mauricio Macri took office, Argentina has lifted currency controls, settled its creditor lawsuit, and issued a large bond, though GDP fell about 2% amid devaluation and high inflation. A new public-private partnership law passed at the end of 2016 is expected to draw investment into infrastructure.
The article questions why investment commitments have been slow to materialize.
Investment in Argentine infrastructure, ports and rail could eventually ease logistics bottlenecks for grain and meal exports. The near-term effect on feed commodity prices is limited because the story is a general economic review.
gtreview.comMelodie MichelJan 10, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
