Updated on 02/17/2022 05:13 pm The Peronist government Alberto Fernandez plans to create a national food company in the umpteenth attempt to curb inflation after the failure of the price control policy in Argentina. Government spokesperson Gabriela Cerrutti announced that this initiative will allow small and medium production of vegetables to “reach more economically, cheaper, […]
Tag: argentina
Hot, dry weather heightens nervousness in hard-hit Argentina farm
Forecasts of high temperatures and little rain are increasing nervousness among agricultural producers in Argentina, which in recent weeks has seen forecasts for its soybean and corn harvests fall repeatedly and severely due to adverse weather, sector specialists said on Tuesday. . Argentina is the world’s leading exporter of soybean oil and meal, and the […]
Dry climate in Argentina’s soybean heart awakens ghost of “productive disaster”
Recent dry conditions and little rain forecast for the coming weeks in central Argentina they fear that the current soybean campaign will suffer a “productive disaster” like that of 2018, when the harvest did not exceed 38 million tons, said the Rosario Stock Exchange (BCR). Argentina is the world’s largest exporter of olive oil and […]
Central Bank of Argentina slightly accelerates devaluation of the peso pending agreement with the IMF
Updated on 02/08/2022 04:19 pm The central bank of Argentina This Tuesday, it allowed the peso to slightly accelerate its devaluation rate in search of cutting the exchange delay in the face of high inflation, at a time when signals are expected about a soon agreement with the International Monetary Fund (IMF)estimated operators. Argentina reached […]
Qatar 2022: how much would it cost each Peruvian and other Latinos to travel to the World Cup?
Taste prepares to receive the next World Cup, the Asian nation is expected to receive the visit of 1.2 million people during the sporting event. While the qualifying process enters its final stretch to define the 32 teams that will attend the event, Latin American fans of the king of sports have already begun to […]
Argentina joins the Chinese initiative of the Silk Road
President Argentinian Alberto Fernández met on Sunday in Beijing with his Chinese counterpart Xi Jinping and signed agreements for the incorporation of the South American country into the initiative China of the Strip and the Silk Road and that involves financing from the Asian nation for US $ 23,700 million, it was officially reported. Fernández, […]
Five obstacles that Argentina must overcome to agree with the IMF
The Argentine government announced on January 28 the outlines of an initial agreement with the International Monetary Fund, but there are still many obstacles to overcome before sealing the deal. The talks made important progress and led officials to announce an understanding on key issues, including the pace of government spending and the central bank’s […]
Argentina: seven keys to the agreement with the IMF to refinance its enormous debt
“We had a rope around our neck and now, a way to go,” said the president of Argentina, Alberto Fernández, this Friday announcing an agreement with the International Monetary Fund (IMF) to refinance the debt for US$ 44,500 million contracted in 2018. Since 2020, Argentina had been in a tough negotiation with the IMF to […]
Argentina and the IMF, stumbling over the same stone
Argentina reached this Friday with the International Monetary Fund (IMF) an agreement of extended facilities with which it will replace the stand-by for US $ 44,000 million signed in 2018 and whose maturities were concentrated in 2022 and 2023. “We had an unpayable debt that left us without a present or a future and now […]
OECD begins talks for accession of Brazil, Argentina and Peru
Updated on 01/25/2022 02:36 pm The Organization for Economic Cooperation and Development (OECD) announced that it will begin the process of discussions for the accession of Argentina, Brazil Y Peru as members. The opening of talks on the accession of these three Latin American and three European countries (Bulgaria, Croatia, and Romania) was decided at […]