The first projections of the 2023-24 campaign, after the drought that reduced the agricultural production from the previous year, is to increase by 70% year-on-year, reaching a volume of 136.3 million tons of harvest of grains, according to estimates from the Rosario Stock Exchange (BCR). “After the catastrophic 2022-23 campaign, in which Argentine grain production […]
Tag: argentina
Argentina loses case for YPF and must pay US$ 16,000 million
The federal judge of the Southern District of New York, Loretta Preska, ruled this Friday in favor of the Burford Capital fund in its litigation with the Argentine state for the expropriation of YPF, and forces Argentina to pay the largest possible amount, US$ 16,000 million. The judge specifies in her ruling made public today […]
Exchange difference between Uruguay and Argentina is impossible to neutralize
The exchange difference between Uruguay and Argentina it is a sittuation “impossible to neutralize” for the first of these countries, according to what the Minister of Labor and Social Security, Pablo Mieres, said on Thursday. This was remarked during his participation in the international meeting “Circular economy. Present and Future in the Region”. “It is […]
Uruguay in check by boom in bargain prices in Argentina
Every time Alfonso Formoso needs to refuel, he travels to another country. He drives about 30 kilometers from Salto, the city of Uruguay where he lives, to neighboring Concordia, in Argentina. By the way, she goes to the supermarket and has something to eat. Pocket hers, grateful. The Uruguayan economy, not so much. Faced with […]
Despite loving the dollar, Argentina is tormented by divorcing the peso
María Barro, a 65-year-old domestic worker in Buenos Airesbuys a few dollars each month with his salary in pesos to protect himself from Argentina’s persistent inflation, which exceeds 100% per year, and the constant devaluation of the local currency. The peso is now in the crosshairs of the polling-favorite presidential candidate, libertarian Javier Milei, who […]
‘Beige Book’, inflation in Mexico and rates in Chile mark the agenda in America
The update of the economic forecasts of the Economic Commission for Latin America and the Caribbean (ECLAC), and the evolution of prices in Mexico and Colombia during the month of August are some of the main issues that will focus the attention of investors in the American continent in the next few days. These are […]
Dollarizing, Milei’s controversial miracle cure for Argentina
Overwhelmed by the umpteenth inflationary crisis, many Argentines are tempted to try the extreme and unexplored formula of the ultra-liberal presidential candidate javier milei to solve their economic problems: abandon the weight and adopt the dollar. In a country with more than 100% annual inflation that destroys the purchasing power of wages, the dollar is […]
Avian flu: more cases of infected sea lions detected in Argentina
The health service of Argentina has detected more cases of sea lions infected by bird flu in various places on the country’s coast on Atlantic waters, official sources reported this Saturday. The first dead animals were found at the beginning of August in the vicinity of the city of Río Grande, in the southern province […]
Javier Milei visits the +Colonia urban project in Uruguay
The candidate for president of Argentina javier milei arrived this wednesday at Uruguay and held a meeting there with Eduardo Bastitta, one of the main promoters of the +Colonia urban project. As reported by the local newspaper El País and confirmed by Agencia EFE with project sources, Milei arrived in the city of Colonia del […]
Argentina’s mining exports reach record level in 11 years
The exports mining of Argentina totaled 2,321 million dollars in the first seven months of the year, 4.3% more than in the same period of the previous year and reached the highest level since 2012, the Ministry of Mining reported on Wednesday. The exports lithium power Argentinawhich forms the so-called triangle of the lithium along […]