Real estate sales in Buenos Aires City dropped for the eighth month running in July and 27.6% over a year ago because of the US dollar clamp according to the monthly evolution index of sales documents from the Notaries College of the Argentine capital.
With the finals of World Cup of Tango Dance - in its two categories: Salon Tango and Stage Tango - the Buenos Aires Tango Festival and Tango Dance World Cup came to end at the Luna Park Stadium earlier this week.
The Argentine real estate market has witnessed stunning growth over the last decade but growth of the sector appears to have come to an abrupt and dramatic end in the seven months of this year.
Buenos Aires is the most liveable city of Latinamerica followed closely by Santiago de Chile and Montevideo, according to the 2012 report form the Economist Intelligence Unit which ranks the degree of satisfaction and comfort of residents in 140 cities from all over the world based on several factors.
Buenos Aires is once again throbing to the rhythm of tango as this year’s Buenos Aires Tango Festival and Tango Dance World Cup gets underway here attracting over 2.000 musicians and dancers from around the world.
Buenos Aires commuters will return to the underground trains on Tuesday following a temporary labour agreement which puts an end to a nerve racking ten-day strike that made the Argentine capital collapse at times
Buenos Aires City one million commuters will be punished with yet another day, ten running, without subways as no agreement was reached between the striking workers with the Metrovias company.
Buenos Aires subway splinter workers union announced Friday evening that they failed to reach an agreement with licensee company Metrovías and that the strike will continue for another 24 hours.
Chaos in Buenos Aires City traffic as the 600.000 daily subway commuters were again left on Wednesday with no service for the fifth day running and no prospects of a solution in sight as a mediation effort with striking workers collapsed.
Argentine construction activity in Argentina during June dropped for the third consecutive month compared to a year ago. The drop was 1.5% according to the Construction Activity Synthetic Index (ISAC) from the country’s stats office, Indec.