The Argentine president, Alberto Fernandezrecognized this Sunday that there “a problem” in the millionaire project of green hydrogen of fortescue in the South American country that has to do “with extra conditions” that the Australian company asks for. “We want the investment to be made and we have confidence in that company. Some of the […]
Tag: argentina
Hosts Argentina open U20 World Cup with victory over Uzbekistan
Chosen by FIFA as host after Indonesia’s dismissal due to political problems, Argentina started the U-20 World Cup dispute very well. This Saturday, at the crowded Único Madre de Ciudades stadium, in Santiago del Estero, the South American team defeated Uzbekistan by 2-1, in the opening round of Group A. But the Argentine triumph was […]
Argentina launches measures against inflation but the market receives them with “little pleasure”
Argentina formalized this Monday the increase in its reference interest rate, from 91% to 97%, to encourage investment in pesos, as part of a plan of measures to combat inflation that left “little taste”among market operators, who take it for granted that prices will accelerate beyond the 108.8% annual rate registered in April. Although the […]
Argentina announces economic measures to counter the rise in prices
Argentina will adjust interest rates to stop the dollarization of its economy, the central bank You will have more freedom to control the badge abroad and agreements with the IMF. These are some of the measures advanced on Sunday by the country’s Ministry of Economy, which will announce more initiatives during the week, after knowing […]
Argentina: eating is a daily struggle for many, due to soaring prices
Gimena Páez is one of the women waiting her turn to pick up some meat in a community kitchen located in a neighborhood of Buenos Aires where, unlike others, the poverty not obvious. Every day she comes equipped with a bag to guarantee her daughter a ration of nutritious food. In the small premises located […]
Unstoppable inflation in Argentina reaches 108.8% per year and exceeds worst forecasts
Inflation does not let up Argentina and advances above the projections managed by the Central Bank, after being located last April at 108.8% year-on-year and 8.4% monthly, 4.5 and 0.9 points more than in March, respectively. Consumer prices reported this Friday by the National Institute of Statistics and Censuses (indec) beat the forecasts of the […]
Argentina accuses US firms that warned of a new crisis of “doomsayers”
The government of Argentina crossed out “usual doomsayers who do their own business” to the American companies that this week warned that the South American country is at the “edge” of a new economic crisis. “Whoever said that we are once again on the brink of a new crisis is not a sector that invests […]
Mascherano defends Messi and criticizes PSG fans: “They will regret it”
Javier Mascherano, former teammate of Messi in the Barcelona and in the selection of Argentinacame out in defense of the current athlete of the Paris Saint Germain after recent controversies surrounding the star. The number 30 of the Parisian club traveled to Saudi Arabia this past week and ended up being punished by PSG for […]
Argentina encourages spending by foreign tourists with virtual wallets
Argentina will give an exchange incentive for those foreign tourists make expenses with virtual walletsa measure that seeks to increase the foreign exchange earningsat a time when the South American country needs to increase its monetary reserves. As resolved this Thursday by the board of directors of the Argentine Central Bank, tourists will be able […]
Argentina prohibits “fintechs” from operations with crypto assets
He Central Bank of Argentina ordered this Thursday that the service providers of digital payment may not carry out or facilitate operations with cryptoassets. The board of directors of the entity resolved that the companies fintech considered payment service providers offering payment accounts (PSPCP) “They will not be able to carry out or facilitate operations […]