This is John Batchelor. My colleague Evan Ellis traveled to Argentina and comes back

of the report on the economy that is reviving. Fast enough? Needs foreign investment. Needs

structure and confidence for people to bring the money they've hidden out of hiding and put it

into circulation. Ne needs an improvement in the

poverty rate.

Is Evan to give us a positive picture, but not Rosie, moving?

More of this tonight.

It is slower than, I think, people within the Malay administration would like.

So the financials are going

forward more. There's indication that there are some major investment deals. So, for example,

in Shell Gas Vacamorte, a major Arctrine resource is proceeding forward with a number of

infrastructure and other deals. Certainly in lithium and other mining sectors, there's a lot coming on.

There's talk about investment in agricultural, another cash-generating export-oriented industry.

But in some of the other sectors, it's a little bit softer than people would desire.

But in terms of the financial

fundamentals, you know, with respect to the liquidity, the Argentine reserves, the IMF deal,

that kind of creates the basis for a return of some of the investment and a return of some of

the cash that people, so to speak, scrolled away under their mattresses

over the years. The fundamentals seem to be there. There's some indication that spending is

coming back on, but again, it's been a little bit softer than I think, frankly, some

people within the Malay administration would have liked.