MercoPress. South Atlantic News Agency
Argentine economy picking up boosted by agriculture; manufacturing continues downfall
Economic activity in Argentina expanded 1.4% in February compared to the same month last year, boosted by the agricultural sector and a hike in consumption, making it the highest increase since January 2014, according to the latest release from the country's stats office, Indec. Read full article
Comments
Disclaimer & comment rulesIndec? Then it's a lie!
Apr 25th, 2015 - 10:36 am - Link - Report abuse 0No, actually I believe this years soy crop will be very good.
Apr 25th, 2015 - 01:56 pm - Link - Report abuse 0I am out in the Provence and the harvester are working around the clock. This year has been exceptionally dry.
@1 You could never find anything positive to say about Argentina, you spastic old git.
The volume of SOY will be very good but it will end up being barely profitable for some and unprofitable for most.
Apr 25th, 2015 - 02:42 pm - Link - Report abuse 0Collections are down over 30% yoy in U$ terms.
Only those who do not see that America is recovering and returning to growth are the North-Americans. For even Europeans already know this.
Apr 25th, 2015 - 02:58 pm - Link - Report abuse 0Will Argentina use this new found wealth to pay down some of their debt?
Apr 26th, 2015 - 12:42 pm - Link - Report abuse 0No at the end of the day the “record year” is probably a one off, along with the perpetual decline in other areas of the economy I can't see sparkling future.
TDC are in a similar to Uruguay, but much worse.
Apr 26th, 2015 - 06:37 pm - Link - Report abuse 0We have got rid of the drunken murdering commie bastard and now have one with a bit more courage to tell the Tupa idiots how it is.
The country has no industry worthy of the name, even though 'Industria Uruguay' appears on all the cartons of anything you wish to purchase. AND then you find 'Made in Argentina / Brasil / wherever!
I don't know who the 'government' think they are kidding: themselves would be my guess.
I bet the first thing Vasquez did was to get rid of the ex-Pizza Parlour Manageress who has been Head of Oncology and “running*” the whole of the Maldonado facility for four years as a 'friend' of 'No Money Pepe'. Vasquez is of course a very senior consultant oncologist, I wonder if he ever asked for her 'advice'. Ha, ha, ha.
* This twat had to use another layer of doctors under her to 'advise' her in order that she didn't kill anybody. Of course she paid for them, NOT.
Oh, and did I tell you about the successful international bond sale that the Argentine government and its energy company YPF recently concluded?
Apr 27th, 2015 - 05:44 pm - Link - Report abuse 0It was an unexpected success. Investors jumped to the occasion and bought $1.4 billion in government bonds and $1.5 billion in YPF bonds. All under Argentine jurisdiction, therefore out of reach of rapacious vulture funds and their team of lawyers and judges.
Rumour has Judge Thomas Griesa near apoplexy. The world is no longer what it was when a developing country can say no to its former masters--and get away with it!
Starve the trolls.
Apr 27th, 2015 - 08:29 pm - Link - Report abuse 0For having so many so called “educated” folks UK is being defended by the most illiterate trolls around here, Chili??? Chili is the fruit of a plant, Chile is the country.
Apr 27th, 2015 - 08:42 pm - Link - Report abuse 0Commenting for this story is now closed.
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