After years of economic and political struggle, Argentina is starting to see a resurgence in investment and entrepreneurial growth. Estaban Bullrich is a Senator Elect for Argentina, and he joins Cheddar to explain how the country is moving forward.
Bullrich explains that the government is actively removing barriers to entry for local business and innovation. The country now has multiple start-ups that are unicorns, and is seeing record levels of investment in the region. The Argentina stock market, MERVAL, is up 63% this year, making it one of the best-performing stock markets in the world.
Prior to the recent election, Bullrich served as Minister of Education for Buenos Aires from 2010 to 2015. During that time, Bullrich improved the education system and adjusted curriculum. Now, in over 3,000 schools, computer science and coding is a required course.
Accessible travel startup Wheel the World recently raised $6 million in a pre-Series A funding round. Alvaro Silberstein, CEO and co-founder of Wheel the World, joined Cheddar News to explain his company's mission to help people with disabilities and their families have access to travel.
Last year, the minivan only made up 1.8% of auto sales but more and more people are interested in purchasing the comfortable, multi-seater. Cheddar News looks back at the evolution and history of the minivan.
Americans said credit was harder to access last month, according to a survey from the New York branch of the Federal Reserve. The March Survey of Consumer Expectations found that “respondents were more pessimistic about future credit availability as well, with the share of households expecting it will be harder to obtain credit a year from now also rising.”
Wall Street drifted through a muted day of trading Tuesday, with stocks and bonds making modest moves ahead of reports later in the week with the potential to move markets.
