Latin America’s biggest production company Boreal Uruguay shut down abruptly, as concern grows over cumbersome regulations and limited foreign markets
Business
Mining secretary on Ámbito Debate: ‘Mining provides the dollars the country needs’
Fernanda Ávila talked about the sector’s importance on the publication’s most recent panel
YPF expropriation payout trial begins with disputed interest rates and dates
Depending on how the calculation is made, Argentina will be made to pay between US$16 billion and US$4.9 billion
Companies say there is ‘total uncertainty ‘regarding who will have to pay
Wholesale import prices have risen by 55 percentage points more than the increase in the official dollar, prompting businesses to use a “mix” between official and blue rates for costs and transactions.
A cautious Massa said he would progressively reduce agricultural taxes without removing them completely
The measures are implemented amid tough negotiations with the IMF.
Argentina’s trade balance: analysts expect deficit for 2023 but surplus in 2024
Private consultancies expect a deficit of around US$7 billion due to a drought-related drop in exports, but the central bank and analysts expect a surplus from next year
The project will provide natural gas to the northern provinces, replacing Bolivian imports and allowing exports