One of the most important announcements from tomorrow’s meeting between the Argentine president, Alberto Fernandez, and his pair from Brazil, Luiz Inácio “Lula” da Silvawill be the beginning of the process of creating a common currency between both countries, tentatively called “South”. “There will be a decision to start studying the necessary parameters for a […]
Tag: argentina
Shirt 9 of the under-20 national team, Vitor Roque makes his debut in the South American Championship with two goals
Striker Vitor Roque, aged 17, made his debut in the U-20 South American Championship wearing the number 9 of the Brazilian national team and honoring the number very well. The young star from Athletico-PR scored two goals in the victory against Peru, last Thursday, and conceded a penalty, being the highlight of the night. “I […]
Argentina: repercussions of the repurchase of US$ 1,000 million in sovereign bonds
The US$16.1 billion in international bonds of the South American nation due 2030 they rose as much as 3.2 cents to more than 36 cents on the dollar, the highest level since October 2021, before cutting profits. It is these bonds, plus those that mature in 2029, that the Government plans to repurchase, reported the […]
Argentina doubles its inflation in one year by climbing to 94.8% in 2022
Argentina almost doubled its inflation in 2022, closing with 94.8% year-on-yearas reported by the National Institute of Statistics and Censuses of Argentina (Indec) on Thursday, January 12, 2023, climbing to an unprecedented figure since the end of the last hyperinflation of the South American country, 30 years ago. Accumulated inflation as of December 2022 was […]
Lithium: why Latin America is key to the global energy transition
According to him United Nations Development Program (UNDP), Latin America hosts approximately 60% of the lithium identified in the world. Argentina, Bolivia and Chile are considered to be in the “lithium triangle”, an area of the Andes that borders the three neighbors and is rich in lithium reserves. lithium. The United States Geological Survey (USGS) […]
Lionel Messi MGO clothing line erases 232% jump in debut
The stock fell below the offer price of $5.00 hours after trading as high as $16.61—an increase of 232%—in the first session following the company’s $7.5 million initial public offering. company. Trading was halted several times due to volatility, including shortly after opening at $8.60, a 72% increase on his first trade. (INSERT GRAPHIC) Messi, […]
Empty banks in Argentina are now expensive ATMs
Ghost branches like this one, where customers who need more than an ATM are no longer served, but are not technically closed, have become commonplace in Argentina. Like its counterparts around the world, Santander and its Argentine rivals such as BBVA Argentina, Grupo Financiero Galicia and Grupo Supervielle are looking to close physical branches as […]
The “new normal” of drought in Argentine wineries
With more than 600 wineries in charge of producing around 10 million hectoliters of wine per year, the province of Mendoza (west) has established itself as the main exponent of this drink in Argentina, a model that today faces a major challenge for its subsistence. : the drought. Located in the arid South American diagonal, […]
Argentina must avoid “hot money”, warns economist
“We are not interested in hot money in Argentina”, said Carlos Melconian, director of the IERAL think tank, in an interview from his office in Buenos Aires. “A flow of capital that generates quick profits and is confused with the element of trust, we are not interested in.” Melconian, who previously headed Argentina’s state-owned Banco […]
The Argentine government recommends that its citizens evaluate difficulties if they travel to Peru
The government of Argentina recommended this Tuesday to its citizens to evaluate the difficulties they might have if they plan to travel to Peru due to the current political crisis it is going through. “It is suggested to Argentine citizens who are planning to visit the Republic of Peru in the near future, make the […]