Politics Elon Musk calls to invest in Argentina after meeting up with Milei in LA

[import export]

This is going to be huge for Argentina. You can see all the companies Milei met with yesterday at Vaca Muerta.

Milei tours Vaca Muerta and Chile with a focus on energy investments

Argentine President Javier Milei resumed his mileage accruing habit Thursday with a trip to Vaca Muerta in the Patagonian province of Neuquén and later to Santiago, where he met with local businessmen but not with Gabriel Boric Font.

en.mercopress.com

That's great news. It looks like more and more companies are deciding to invest in new investments and also in pre-existing developments they already have here. I saw this company is investing $745 million into a project in Argentina as well. This should bring a lot of $$$$ into Argentina and jobs too.

Aluar invierte US$ 745 millones en un parque eólico que producirá energía equivalente al consumo de 600.000 hogares

La pionera y líder en aluminio celebra hoy 50 años desde la primera colada en su planta de Madryn.El parque eólico estará listo en 2026. Sobre una superficie equivalente a la Ciudad de Buenos Ares será el mayor del país.

www.clarin.com

 

[Finance Prof]

Good article and good read.

Alec Oxenford Sees Dollar Avalanche for Argentina, Major Investors Based in Buenos Aires

The presidential advisor to Milei and Managing Partner at Myelin VC sees an economic shift that will be key to attracting global investment, with potential for a flood of dollars reversing economic stagnation

www.bloomberglinea.com

 

[Melibaires]

This is how the country will move forward, with plenty of investments, slowly but surely, they're coming in.

Economy - Carlos Slim will invest USD 30 million in a new data center in the City of Buenos Aires - Infobae

Carlos Slim will invest USD 30 million in a new data center in the City of Buenos Aires - Infobae Source: https://www.infobae.com/economia/2024/08/30/carlos-slim-invertira-usd-30-millones-en-un-nuevo-data-center-en-la-ciudad-de-buenos-aires/ August 30, 2024 The Claro firm announced...

www.expatsba.com

 

[Richard02]

Elon Musk praised Milei again: 'President Javier Milei is doing an incredible job restoring Argentina to greatness!'

 

[Larry]

Elon Musk praised Milei again: 'President Javier Milei is doing an incredible job restoring Argentina to greatness!'

Milei is just a weird narcissist. Imagine doing an interview and telling how he is one of the two most important politicians in the world. 🤡

 

[legend]

Milei was cheered at Mercado Libre's offices, what a great reception!

Milei visitó la sede de Mercado Libre: “El político no sabe cómo crear riqueza y cuando lo hace, solo consigue corrupción”

El presidente participó del anuncio de una inversión de USD 75 millones de la empresa de Marcos Galperin, a quien consideró “un gran benefactor”

www.infobae.com

 

[import export]

I just read yesterday where ML was investing quite a bit and committed to hiring many people. It is one of my best investments. (I bought it under 1,000 a share). People should just buy MELI and forget about it. Between their growth in online sales and also financial it should do very well into the future.

 

[sell1980]

Mercado Libre is one of the companies that contributes the most capital to the Argentine economy, so good for them. Galperin is definitely a visionary.

Ingresos de MercadoLibre por país 2023 | Statista

MercadoLibre Inc.

es.statista.com

 

[Alfred22]

Any investment or partnership that involves progress will be welcomed. Now there are also ties with Mark Zuckerberg to expand the AI network in Argentina.

 

[Fanny]

It's great to see that the most important personalities and companies recognize Milei's good management and also support him! Milei's joy when receiving the little toy cars was priceless, like a child!😀

 

[noname]

Free Trade Agreement with the U.S.? If this agreement is signed, Argentine companies could sell their products more easily in the U.S. and attract more investments from that country. However, there are also downsides, such as certain sectors of the Argentine economy having to compete with U.S. products, which could be challenging. Additionally, signing a direct agreement with the U.S. could complicate Argentina's relationship with Mercosur. In summary, it would be an opportunity, but it would also bring risks and challenges, both for certain sectors and for the relationship with other countries in the block.

Acuerdo de libre comercio con EEUU: qué impacto tendría sobre la economía argentina y el vínculo con el Mercosur

El acceso a nuevos mercados y la llegada de inversiones extranjeras son el objetivo primordial pero algunos sectores enfrentarían fuertes costos. Los riesgos y las posibilidades reales de una negociación bilateral

www.infobae.com