June was the month with the most layoffs in the last nine years, and analysts and business owners warn the worst is yet to come
Business
Payment problems, layoffs, and an unruly dollar spell economic trouble for Argentina
Prices rose by 33.6% over the past year, data from the INDEC statistical bureau showed
This Paraguayan tech firm has opened offices in Buenos Aires — and it’s seeking Argentine talent
Itti already has 850 developers in Argentina, and the country could be a springboard for regional expansion
The sector is expanding due to economic stability and the country’s recently increased investment grade
Economy Minister Caputo said the initiative will be done by two Argentine companies and will entail a US$250 million investment
A report by the Argentine Chamber of Medium-size Enterprises showed retail sales fell 2% year-over-year and consumption remained flat with drops in most sectors and increasingly tighter margins
The operation, valued at US$500 million, means that the French multinational is withdrawing from the shale oil and gas formation
The countryside could increase its production by US$28.8 billion in 10 years after the reduction of withholdings
The figure comes from a study conducted by the Rosario Stock Exchange (BCR), which also predicts production growth of 13 million tons
The economic situation in Argentina, a limited supply of new releases, and the growing streaming platform market are behind the decline, say Ultracine