Argentina announced it received 32 bids for six road projects requiring around US$ 8 billion in investment, in a big test of how public-private partnerships (PPPs) can help cash-starved Latin American governments beef up infrastructure.Add your comment!
Brazil’s Raizen Combustiveis SA agreed to buy downstream assets in Argentina from Royal Dutch Shell for US$ 950 million, according to a securities filing on Tuesday. Raízen Combustiveis, a joint venture between Brazil´s Cosan SA Indústria e Comércio and Shell, will have a 20% market share in fuel distribution in Argentina.1 comment
Argentina’s central bank held its benchmark interest rate at 27.25% on Tuesday, reiterating in a statement that high-frequency indicators suggested core inflation would remain high in April, but below March levels.Add your comment!
Heineken brewery has been caught red handed with one of its beers' label referring to the disputed South Atlantic islands as Falklands and in brackets saying they belong to the United Kingdom, despite the fact the Dutch company is using Patagonian yeast.12 comments
The Falklands population is crucial for any solution to the Argentine claim over the Islands given their overwhelming support from British public opinion (and political system), and its full integration with the 53-nation Commonwealth, according to Argentine ex diplomat Jorge Lidio Viñuela, considered an expert and militant on the issue of South Atlantic insular claims.7 comments
The International Monetary Fund’s (IMF) World Economic Outlook update for April 2018 has reduced its expectations of growth for Argentina this year, and its projected annual inflation rate largely exceeds the 15% goal set by president Mauricio the Macri administration in December 2017.Add your comment!
A missing World War Two U-boat—which has long been rumored to have carried Nazi leaders to South America as the Third Reich collapsed—has been found off the coast of Denmark. The U-3523 submarine, a cutting-edge vessel developed at the very end of the war, was discovered at a depth of around 400 feet, 10 nautical miles north of the Danish Coast, by researchers at Sea War Museum Jutland.5 comments
Argentina sent its first shipment of lemons to the United States in 17 years, a few months after President Donald Trump authorized citrus imports from the country.4 comments
President Mauricio Macri of Argentina was recognized by the World Travel & Tourism Council (WTTC) at its first World Leader for Travel & Tourism. The recognition was announced at the opening ceremony of the 2018 WTTC Global Summit which is taking place on 18 and 19 April in Buenos Aires, Argentina.1 comment
Argentina’s central bank would raise interest rates if inflation does not fall “a lot” beginning in May to a level consistent with its 2018 target for a 15% rise in consumer prices, central bank Governor Federico Sturzenegger said on Monday.1 comment