The project of lithium Mariana, located in the northern Argentine province of Salta and run by the Chinese company Ganfeng Lithium, plans to go into production in 2024, a company linked to the project reported on Tuesday. As indicated in a statement, the Canadian mining company TNR Goldwhich owns a 1.5% royalty in the Mariana […]
Tag: argentina
Argentina leaves the dollar behind to start paying for its Chinese imports in yuan
Argentina announced this Wednesday that it has agreed with China pay, through yuan and not US dollars, imports from this Asian country. This measure seeks to mitigate the loss of reserves of the Argentine Central Bank. “This improves the outlook for Argentina’s net reserves,” highlighted the Argentine Economy Minister, Sergio Massa, in a meeting with […]
Radio signal from a taxi in Argentina interferes with a NASA transmission
A radio signal from a taxi Argentinain which a driver asks for directions, slipped into a transmission of the Pot which followed the activities of astronauts on the International Space Station. “1-5-0, did you say, from Irigoyen?”is heard in the middle of the live broadcast that NASA made days ago while two Russian astronauts walked […]
Pope Francis expresses his desire to visit Argentina in 2024
He Pope Francisco expressed his desire to travel to Argentinahis native country, next year, after the change of government in the South American country, which will take place next December. “I want to go to the country next year,” said the Supreme Pontiff in statements to the Buenos Aires newspaper La Nación, published this Sunday. […]
Cristina Fernández de Kirchner’s son questions the Argentina-IMF agreement again
The pro-government Argentine deputy Máximo Kirchner, son of the late former president Néstor Kirchner (2003-2007) and the current Argentine vice president, Cristina Fernandezquestioned again this Saturday the heavy burden that the debt refinancing agreement signed in March 2022 with the International Monetary Fund (IMF). In an act in Buenos Aires before some 5,000 militants of […]
Inflationary and exchange rate tension in Argentina grows six months after the elections
The tension generated by the inflationary and exchange rate cocktail that Argentina It is increasing with six months left before the presidential elections are held and without either the government or the political opposition sectors giving clear signals on how they intend to resolve the deep macroeconomic imbalances in the South American country. The week […]
Argentina raises the interest rate to 81% to stop the exchange rate
He Central Bank of the Argentine Republic (BCRA) announced this Thursday a new rise in the reference interest rate -for the second consecutive month-, from 78 to 81%, amid the escalation in the informal price of the dollar and the scenario of very high inflation that the country is dragging of soybeans. The board of […]
Argentina will import banknotes from Paris, Malta and Brazil due to high inflation
The Argentine Mint (CMA), a state company in charge of printing paper money and other public documents, will import banknotes from Paris and Malta, which use subcontracted suppliers in Spain and China, and from Brazil, company spokespersons confirmed to EFE. this Wednesday. The company, which reports to the Argentine Ministry of Economy, will import 1,000 […]
US$ 1 million in gold stolen from Canadian miner in Argentina; Patagonia Gold suspends project
Thieves stole nearly $1 million in gold from a mining project in southern Argentina run by Vancouver-based Patagonia Gold Corp. The Canadian miner denounced on Monday the theft of 500 ounces of gold from its Cap-Oeste gold project, in the southern Argentine province of Santa Cruz. As reported by the company in a statement, in […]
Eating or taking medication, the dilemma faced by Argentine retirees due to inflation
More than 85% of the retirees in Argentina, approximately 6.5 million, earn an average of 58,500 pesos, the equivalent of 265 dollars, from retirement minimum and barely enough to cover a third of their monthly expenses for food, medicine and rent that increase at the rate of a inflation uncontrolled. With trembling hands, a group […]