Why analysts say fossil fuels are a bad investment The panel on “The green revolution. Are the banks taking advantage of the business opportunities in sustainable financing?” in Buenos Aires concluded that the financial sector must encourage investment in renewable energy. Not only because they are profitable but also because international public policies are moving toward changing the matrix of traditional energy production in an effort to mitigate the effects of climate change, Latin Trade reports. Viacom acquires Argentina’s Telefe for $345 million New York-based Viacom has signed a deal to buy Argentine TV firm Telefe for $345 million, in a bid to expand its presence in Latin America. “Telefe is an outstanding broadcast and production business, and this acquisition […]
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