Argentine stocks managed to consolidate their recovery and produce all-time profits in 2022. The S&P Merval index accumulated an increase of 42% in dollars through the year. This happened despite the prevailing volatility on Wall Street, as global equity assets were affected by the US Federal Reserve’s harder …
It seems restrictions imposed by the government on meat exports are rapidly becoming obsolete due to the progressive easing of the established quota. That resulted in a recovery of shipments, which look set to reach 900,000 tonnes by the end of the year – in other words, a …
In 2022, Argentine wines gained international recognition for their high quality once again. Wineries launched new products and the process of boosting regional producers was accelerated with new establishments apart from the classic Cuyo winemaking provinces, in non-traditional parts of the country such as Buenos Aires province. But …
Argentine “molecular farming” company Moolec Science reached a value of over US$1.2 billion this Tuesday in its market debut. Moolec, a spinoff of Argentine biotech company Bioceres, was co-founded in 2020 by Gastón Paladini, who also acts as CEO. The company claims it has developed technology to “include …
The Argentine Industrial Union (UIA) and the US Chamber of Commerce in Argentina (AmCham) have criticized declarations by the national government last week that it would not comply with a Supreme Court ruling to restore a greater share of tax funding to Buenos Aires city. AmCham said in …
The Minister of Economy, Sergio Massa, launched this Thursday stages 4 and 5 of the “Gas Plan” which will extend up until 2028 and, according to official calculations, and represent savings of US$ 2.2 million in energy subsidies next year as well as US$3,5 billion in exports. The …
The Argentine Football Association (AFA)’s official crypto token, codenamed $ARG, plummeted 55% immediately after the team won the World Cup by defeating France, having begun the day of the final at US$ 6.02 and at $2.66 at the time of writing. Days earlier, $ARG had jumped over 70% …
