The government will launch a AR$5 billion relief fund for farmers who took considerable losses amid a historic drought, Economy Minister Sergio Massa announced this Tuesday. According to Rosario’s Stock Market (BCR), losses – a product of what is considered to be Argentina’s driest recorded summer – could …
Shoppers who have never set foot in Argentina have been scoring massive discounts on online purchases by setting the payment currency to Argentine pesos. The trick, which meant their transactions were processed at the “foreign tourist dollar” rate intended for international visitors to Argentina, was used as far …
According to data released by the National Statistics Institute (INDEC) this week, economic activity showed signs of cooling off in the last part of 2022, as it contracted in November for the third consecutive month in the seasonally adjusted series. In any case, according to private projections, the …
Argentina’s government reached a US$540 million deal with development bank CAF for the extension of natural gas pipelines and related infrastructure linked to the country’s Vaca Muerta basin, Economy Minister Sergio Massa announced on Wednesday. The infrastructure plan, expected to be approved in March, aims to boost a …
Argentina on Wednesday launched the first working group of a new national agency to regulate and promote the country’s nascent cannabis industry, which ministers hope will create new jobs and exports, generating fresh income for the nation. “This opens the door for Argentina to start a new path …
The rains that have fallen in recent days have brought (some) relief to farmers, especially in the core production zone, which needed to improve its soil moisture profile in order for agricultors to finish the soybean and corn planting work and to facilitate good crop development. But not …
The company Alcalis de la Patagonia (Alpat), the only producer of sodium carbonate in South America, has launched an investment plan of US$250 million. Located in Río Negro, the company has begun to expand production in order to export to five countries in the region. In addition, demand …
From November 2023, the Central Bank will allow savers to make payments using money held in fixed-term deposits. The bid to encourage Argentines to save in the national currency comes days after it was announced that inflation hit 94.8% in 2022. From July, users will also be able …
Liaison Board (Mesa de Enlace) leaders have been demanding a meeting with Economy Minister Sergio Massa for weeks, and he will finally see them today at the INTA (National Institute of Agricultural Technology) Experimental Station in the city of San Pedro, in Buenos Aires province. The meeting will …
