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08 06 08
Algodon Mansion, Scheduled To Open This December In Buenos Aires, Appoints Pablo Veloso As General Manager >> (Media Mentions)
Buenos Aires, Argentina - Pablo Veloso, former General Manager of the renowned Mantra resort, has been selected to run Algodon Mansion, Buenos Aires' new luxury boutique hotel scheduled to open this December in the city's stylish Recoleta district. The announcement was made by New York City-based Invest Property Group, LLC (IPG), developer of Algodon Mansion.
08 02 08
The Cheapest "Nice" Country in the World Right Now >> (Industry News)
I think it's imperative to have a crib outside your home country in today's world. I don't want to get into a detailed discussion of all the possibilities here; that would take a book. But my bottom line is that Argentina is simply the best place in the world right now, all things considered.
08 01 08
In tough market, biotech shines >> (Industry News)
Wall Street has been in a tough spot these last few months, with the S&P 500 losing 9.5 percent over the course of June and July. But the biotech industry has emerged as a safe haven for investors in the face of poor performance in other sectors. "The biotech index is up 9.9 percent so far this year, compared with a decline of 13.7 percent for the S&P 500," notes the Boston Globe.
07 31 08
Argentina tipped as next property hot-spot >> (Industry News)
Argentina is hotly tipped by some experts to be the next big hotspot for property investment. The country is full of beautiful countryside and has a rich cultural history therefore it is no surprise that real estate within the country is starting to become popular. The figures look to stack up too - the Argentine economy is strong with growth rates of around 8 percent per annum, with millions of dollars being invested into the country from abroad.
07 30 08
Glaxo says therapeutic vaccines hold big promise >> (Industry News)
The new chief executive of GlaxoSmithKline said on Wednesday therapeutic vaccines used to treat cancer and other diseases could become a major product line for the world's second-largest drugmaker. Andrew Witty said therapeutic vaccines, which prod the immune system to attack specific proteins linked to diseases, are one of the company's most promising areas of research.
07 28 08
Cancer Vaccine Contenders Lurk Among the Casualties >> (Media Mentions)
Between the negative Phase III news on Oxford BioMedica plc's TroVax and the positive Phase III news on Biovest International Inc.'s BiovaxID, it's been a big month for cancer vaccines. Oxford saw its stock tumble 60 percent after an interim analysis revealed that the TroVax trial was unlikely to meet its endpoints - adding one more to the long and painful list of setbacks in the cancer vaccine field.
07 21 08
Emerging markets-Argentina debt leads as dollar windfall seen >> (Industry News)
Argentina's bonds rose for a third straight day Monday as the end of a crippling farmers' protest opened the door to an anticipated multibillion dollar influx from exports of hoarded grain. Argentine President Cristina Fernandez on Friday repealed an export tax hike on soybeans, the day after her vice-president sided with the protesters and cast the deciding Senate vote to to scrap the tax increase. "With the the revoking of the tax hike in export grains, people are becoming more confident about the economic growth outlook in Argentina as grain production and exports re-normalize," said Nick Chamie, head of emerging market research at RBC in Toronto.
07 01 08
U.S. Sets New Records for Travel Abroad in 2007 >> (Industry News)
The overall U.S. outbound market grew by one percent in 2007 compared to annual 2006 figures, enabling it to post the fourth successive record for total U.S. outbound travel. U.S. travelers set records for 2007 travel spending in: Mexico, Germany, Japan, Italy, China, Hong Kong, Taiwan, Korea, Australia, Netherlands, Argentina, and South Africa.
06 27 08
Don't cry for wines from Argentina >> (Industry News)
If you like your reds plush and plummy, chances are you'll soon be picking up a bottle of Malbec--if you haven't already done so. Like Chile over a decade ago, Argentina is on fire. And Malbec is at the core of the country's rise in wine fortunes, with many suggesting it's the new Shiraz.
06 25 08
Argentina making a comeback as investors cast net wider >> (Media Mentions)
With uncertainties in U.S. real estate markets expected to continue for some time, investors looking for opportunity should take a good look at Argentina. Even with some ongoing rough spots, the country is back from its financial crisis and is now one of the world's fastest growing economies - averaging 8% growth per year. Projections for 2008 forecast economic growth of 7.2%, down just 1.2% from last year's 8.4%.