MercoPress. South Atlantic News Agency
Economic activity in Argentina picking up, according to Indec
Economic activity in Argentina has increased 2.2% in May, compared to the same month of 2014, according to the country's stats office, Indec. Compared to April this year, economic activity has grown 0.8%, the Monthly Economic Activity Index revealed. Read full article
Comments
Disclaimer & comment rulesNow I sit take a coffee and wait for jealous posters...
Jul 25th, 2015 - 10:23 am - Link - Report abuse 0Who wil be first???
YankeeBobo perhaps???
Just in time for the elections!! Wow what a surprise....
Jul 25th, 2015 - 10:39 am - Link - Report abuse 0At least the price of my coffee was the same a year ago.
Jul 25th, 2015 - 11:12 am - Link - Report abuse 0Indec figures = lies. Has been since 2007. After the IMF demanded honest figures, Indec began to slide that way. It didn't last. Now it's heading back to “the norm”.
Jul 25th, 2015 - 11:33 am - Link - Report abuse 0They just renamed 'declining' as 'picking up' because the former was stigmatising them.
Jul 25th, 2015 - 12:52 pm - Link - Report abuse 0@1
Jul 25th, 2015 - 02:27 pm - Link - Report abuse 0Nice one Dany, inflation 30-35%, 12% devaluation on the US$ yes going exceedingly well I would say. Just raised the minimum wage to keep up with inflation. Shared toilet rolls.
Why dont they just say 12 0/0? Its just as accurate.
Jul 25th, 2015 - 02:45 pm - Link - Report abuse 0Anyhoo think of it this way its 2 percent lower than inflation. So hows that good?
Silly kiduots.
I cant wait until there's street fighting over the last bag of beans.
“Economic activity in Argentina picking up”. Ah, i think i have got it - they mean there has been a significant increase in Argentinians picking up! They mean an explosion in the number of Cartoneros! Yes, there are even more Argies out there picking up cardboard. Spot on, they emerge from the expanding Villa Miserias after dark. This is the Argentinian economic miracle!
Jul 25th, 2015 - 02:47 pm - Link - Report abuse 0Congratulations Argentina! I hope that Brasil follows this way.
Jul 25th, 2015 - 02:51 pm - Link - Report abuse 0Coming from residents from Ukistan where prostitution and drug trade is counted as part of te GDP, manipulates LIBOR index to get more profits, manipulats unemployments figures, CPI index, fancy accounting in banks sheet balances, politicians corrupts, judicary system asking for bribes, the world's capitol of the stabbing in the back crime and so on...
Jul 25th, 2015 - 03:02 pm - Link - Report abuse 0may be sounds a compliment to Cristina.
The horror movie brits don't want to see
Cameron II saga
The horror movie is a bout a liar politician who have promised prosperity to his nation after he faced reality and gets really mad and to save troubling banking sector and fellow coffers pickups a chainsaw and performs the most bloody cuts in human history.
The script is base on a true sad story of a poor nation that thanks to liar politicians, widespread corruption and with the complicity and complacency of the brainwashed population ended up sinking the nation to the bottom of world.
UK's debt external= U$s10 trillions
Uk's debt Nat.= U$s2,48 trillions
Total UK's debt: U$s12,48 trillons
Total debt Ratio to GDP 451%
If the uk usa or eu debt load was a concern for anyone it would be reflected in its rate.
Jul 25th, 2015 - 03:23 pm - Link - Report abuse 0Posting levels ad nauseum is boring
So try something else.
Governments that have “mattresses” in foreign currency are precisely those who are having their ratings downgraded (Brazil, China and Russia). However, they do not need foreign loans, may need investment, but not loans.
Jul 25th, 2015 - 03:34 pm - Link - Report abuse 0Therefore, it is indifferent to the rates charged for no one will use its as well as yourself.
Your banks are having a lot of work to keep the doors open.
Brasshole.......brazil will follow argentina just as argentina is following venezuela.
Jul 25th, 2015 - 05:11 pm - Link - Report abuse 0@9. So do I. Will you be attempting to follow argieland into total economic and social collapse? Or are you hoping to get there first?
Jul 25th, 2015 - 05:21 pm - Link - Report abuse 0@10. Poor child. Little argieland is much worse. Just a few minor differences. Our towns and cities aren't surrounded by hovels without the slightest attempt to attain conditions appropriate for humans. Not that it matters. Very few inhabitants of argieland are human. Then, unlike argieland, the UK pays its debts. In reality, doesn't argieland owe more than US$100 billion? Never mind the “haircuts”. They are just more fraud.
Here's a couple of thoughts. Royal Air Force aircraft cover the world. Argie aircraft can't get off the ground. Royal Navy vessels cover the world. Argie vessels sink. The British Army goes wherever it wants. What argie army? The British government says. The argie “government” whines. “Give us those Islands. Go on, give us. Sit down with us. Go on, give us. Are you bringing any Falkand Islanders? Can you keep the door open so we can run away”?
@12. It's not investment. It's a sale. Go read the terms. Do you think China is going to give you billions out of the goodness of its heart? It doesn't have goodness or a heart. You're owned. Only question is how much. And if you don't pay, imagine a Chinese invasion fleet offshore.
@9
Jul 25th, 2015 - 06:00 pm - Link - Report abuse 0You've been there already. Need I remind you? I visited Brazil back in '93 right before the Real was introduced. Exchanged $60USD at the Sao Paolo airport and got a whole bag full of Cruzheiros. Turned out nobody wanted them - everyone wanted to trade in US $. So I never got rid of those @#*& Cruzheiros.
@12
Governments that hoard foreign currency in order to keep their economy going have already lost. If you have to use foreign currency to shore up the value of your own currency it is a tacit admission that your own currency is worthless. Hence the downgrade.
And all countries that rely on a stash of foreign money sooner or later end up with more obligations for that foreign cash than what they actually have available. That's where Argentina is today and Brazil is rapidly heading.
@Captain Poppy
Jul 25th, 2015 - 06:24 pm - Link - Report abuse 0“Brasshole.......brazil will follow argentina just as argentina is following venezuela.”
And you are following Greece and Puerto Rico...
36 trillions of debt is tooo00000000 much
The title of the article should be changed to “According to Indec, Economic activity in Argentina picking up” - this way anyone with intelligence only needs to read the first 3 words to know it is a satirical article.
Jul 25th, 2015 - 06:25 pm - Link - Report abuse 0Administrations prior to 2003 applied neo-liberal and free-trade policies, selling off key national companies, opening the country to imports, destroying the productive sector, killing employment, increasing foreign debt and eventually bankrupting the country.
Jul 26th, 2015 - 01:59 am - Link - Report abuse 0After 12 years of reversing such policies, the Argentine economy is more structurally sound than it was, being better prepared to withstand the sluggish state of the world's economy.
The electors have recognized the advances and are clearly signalling their preferences for a government that will pursue similar policies after the October election.
Recognizing this, Mauricio Macri, main candidate opposing the Kirchnerism, has reversed promises of re-privatize state companies such as YPF and Aerolineas Argentinas and has aligned with a number of other Kirchnerist policies.
What the Buenos Aires Herald says in a July 25 article?
“...the IMF said the economy registered higher growth than expected by the IMF in the last quarter of 2014.
”The government has increased public expenditure more than initially expected, which has led to a growing demand and higher economic growth...”
http://www.buenosairesherald.com/article/194790/economy-shows-signs-of-recovery
18. 40 percent inflation
Jul 26th, 2015 - 02:31 am - Link - Report abuse 015/1 peso
Bcra anses and anything else the filthy ks have touched is bankrupt.
Youre so stupid you make my stomach hurt.
#19 YB
Jul 26th, 2015 - 04:25 am - Link - Report abuse 0You have repeatedly announced that pretty soon Buenos Aires people would soon be fighting over “the last bag of beans.”
You have also announced your “delight” about this “delicious” fact.
Now, your observation of reality is distorted by your lowly, hateful and bitter fixation.
As a result, you are on a straight path to stomach ulcer.
Follow my advice: drink lots of milk.
You're gonna need it.
Argentina “picking up” - plastic bottles, cardboard, glass, tins, the Cartoneros of the world fighting for the rubbish others discard.
Jul 26th, 2015 - 10:10 am - Link - Report abuse 0@18, 20. What you didn't mention was that argies had no clue on how to run an economy. Way back when the “country” was getting started, the economy was run by the British. You can look it up. It's a historical fact. Then argies got their hands on it and the “country” dived headlong into debt. It was left to the British again and the “country” recovered. That takes care of the 19th century. Then in the 20th century, nobody was bothered. The electors can only recognise the amount of wage increases. Imagine being in favour of taxing exports! I think it's already been remarked that the Buenos Aires Herald is now a “government” mouthpiece. I trust that you understand that “higher growth” can be characterised as changing 0.5% to 0.500001%.
Jul 26th, 2015 - 11:32 am - Link - Report abuse 0I wasn't aware that the people of Buenos Aires were into “beans”. I thought it was all beef and anything expensive. In fact, it's unfair of YB to refer to “the last bag of beans”. As if an argie would be seen eating beans. I'm sure that whilst they can be seen “picking up” - plastic bottles, cardboard, glass, tins, they won't be seen picking up bags of beans. Hopefully, they “wouldn't be seen dead picking up a bag of beans”. Then they'll just be seen dead.
“ I thought it was all beef ”
Jul 26th, 2015 - 01:34 pm - Link - Report abuse 0Beautifully stuffed with hormones and foot and mouth disease.
Just lavverly.
@18 What you neglected to mention is the Buenos Aries herald is now owned by a K thug aligned company.
Jul 26th, 2015 - 01:46 pm - Link - Report abuse 0Why does INDEC not make it's methodology and figures public?
All BS
@Klingon
Jul 26th, 2015 - 02:59 pm - Link - Report abuse 0The figures and methodology are public avalable. The problem with you is you don't have a clue about it and don't know how to research.
Here I show you the cover of the long and extend index of document containing meths uses by INDC.
http://www.indec.gov.ar/ftp/cuadros/menusuperior/listado_metodologias.pdf
Now can you show us the meths and public of the UK stats for example?
I guess not... Keep posting BS
HEY you pathetic subhuman Anglos:
Jul 26th, 2015 - 03:22 pm - Link - Report abuse 0Remember your fake indignation over the AR pilots??
https://www.yahoo.com/travel/on-duty-air-traffic-controller-found-passed-out-124590504067.html?soc_src=mail&soc_trk=ma
“An on-duty air traffic controller at Springdale Municipal Airport in Arkansas was found passed out, drunk, and shirtless. He was later arrested.
According to reports, Philip Maschek was at his desk on Thursday when a pilot waiting on the tarmac for take off could not get a response from the tower, according to airport official Wyman Morgan.”
So Anglos don't put the safety of just one aircraft at risk, they put the safety of MUTLIPLE aircraft at risk.
And as to not depart from the mold, are a bunch of pathetic hypocrites for barking all their insults at Argies and AR a few weeks ago.
EVERYTIME this happens: the anglos have fun of the deaths and supposed “unprofessionalism” or values of Argies, within a few days or weeks the same thing happens in their shitty shitholes: a train full of passengers crashes, a bridge collapses, some flooding due to poor water control, mass shooting... or this.
You are a bunch of drunken, lousy, uneducated, oily-pizza faced LOSERS.
@25
Jul 26th, 2015 - 06:28 pm - Link - Report abuse 0Why would the government agree to a 29% wage increase if inflation is only 15%?
The numbers still don't add up - it really doesn't matter what methods INDEC claims to be using when everyone can see how far off they are.
You are pumping more and more pesos into an economy that produces less and less. If you only look at how much money gets passed around you can easily make it look like everything is getting better and better.
@27 Z
Jul 26th, 2015 - 08:21 pm - Link - Report abuse 0“Why would the government agree to a 29% wage increase if inflation is only 15%?”
Good point - over to Dany now...
Indeed.
Jul 26th, 2015 - 09:54 pm - Link - Report abuse 0What an economic conundrum.....
@Z-ville
Jul 26th, 2015 - 10:18 pm - Link - Report abuse 0Well for the kind of questions you are asking I can realise that you don't have a clue about statistcs or so on...
So what would be te point to explaint that to you???
@Troy Tempest
““Why would the government agree to a 29% wage increase if inflation is only 15%?”
Good point - over to Dany now...”
For the same reason that UK reporting 1.2% inflation rate MPs are looking for a salary increase of 10% while citizens are facing huge cuts and unemployment.
The differences is that Arg. instead to benefit corrupted policians like in UK whom have used public taxpayer money to pay for their personal expenses even porn dvds, houses, etc. Arg. give this increase to workers.
“The prime minister said on Thursday night that the 10% pay increase was “the rate for the job” despite the rest of the public sector being capped at 1% for another four years.”
http://www.theguardian.com/politics/2015/jul/16/ipsa-goes-ahead-with-10-pay-rise-for-mps
Can you see Camoron makes richers more richers and poor more poor
Let's say like is often done in the bananas republics...
@30
Jul 26th, 2015 - 11:00 pm - Link - Report abuse 0Actually I do understand statistics - particularly inflation and currency trading. So the question remains - how can you grant wage increases of 29% when you claim inflation of 15%?
You state “...Arg. give this increase to workers. ” What increase? You are confusing inflation with economic expansion. They are not the same, I assure you.
https://scontent-iad3-1.xx.fbcdn.net/hphotos-xfp1/t31.0-8/11794620_10153509564242302_1929659278691172336_o.jpg
Jul 26th, 2015 - 11:07 pm - Link - Report abuse 0Very telling.
@30
Jul 27th, 2015 - 12:24 am - Link - Report abuse 0LOL, 29% seems to be a little self-defeating, if they are trying to battle an already high Inflation rate of “15%”.
Revealing post - quite in character, even a link to the Guardian
:-D
It's the economic equivalent of trying to cure a flu epidemic by forbidding people to have a fever. People will get sick anyway, they just stop telling their doctor about it. So the government will claim that there is no epidemic anymore, even though people are getting sick in record numbers.
Jul 27th, 2015 - 01:53 am - Link - Report abuse 0The Arg economy is the same way - the Whacky Leadership is trying to conceal the symptoms but doing nothing to cure the disease
“according to the INDEC”
Jul 27th, 2015 - 02:49 am - Link - Report abuse 0Wasn't there a good piece on the inability of the INDEC to publish anything resembling truthful statistics? And is Argentina, in its usual Stalinist way, still trying to fine and otherwise hinder those private economists who are so bold as to offer statistics that differ from the party line? I think that article was called 'Don 't Lie to me, Argentina.“ Keep that thought in mind when any news contains the caveat that it is ”according to the INDEC.” There is likely no institution quite as mendacious as the Argentine INDEC.
@Z-ville
Jul 27th, 2015 - 10:00 am - Link - Report abuse 01- I don't you do, see example above. and then come back please...
2- Tipical comment of neocons I just wonder how much we have to wait until your new post saying...
“If your finger got an infection and is in pain better cut half of your arm off before Gangrene kills you”
I explained in another post how Britan from 1970 to 1983 was experiencing high level of inflation in between 20% to 27%
And????
@Marti Llazo
I just wonder what would be your opinion about contries like UK that counts into it's GDP turnover made by prostitution, heroin and cocaine trade, etc.
More fiscal deficit, draining reserves and higher debt is the equation that encompasses the Argentina economy, at least from 2010 onwards. Only in the last four years, public debt increased by US $ 57,418 million, while there was a loss of reserves of US $ 20,702 million, with a virtually stagnant economy with a currency market “split”.
Jul 27th, 2015 - 12:18 pm - Link - Report abuse 0http://www.ieco.clarin.com/economia/nuevas-condiciones-economia-argentina_0_1400860191.html
:)
INDEC
Jul 27th, 2015 - 02:38 pm - Link - Report abuse 0For those “fortunate” enough to read the language of the Argentos, their media have presented for your reading enjoyment and edification an article called “El Indec, la máquina de la mentira - Crónica de la destrucción de las estadísticas públicas durante el kirchnerismo.” Which roughly translated would mean “The Argentine Statistics Agency - The Lie Machine: Story of the destruction of national statistics during the Kirchner regime.” It covers not only the twisted use by the Kirchner government to create false and misleading statistics which are intended to conceal the government's failures, but also the programme (pogrom?) to attempt to criminalise those who attempt to calculate and publish statistics which more accurately reflect actual economic conditions in Kirchnerist Argentina. The general rule for understanding INDEC falsity is this: if the INDEC says inflation is 15 percent, the reality is probably closer to 30 percent. If economic growth is said to be 2 percent, real economic activity is probably closer to -2 percent.
In our next installment we will discuss how Kirchnerism destroyed the once-famous Argentine beef export industry and how even little Paraguay now exports more beef than Argentina.
@38 Thanks for the heads-up.
Jul 27th, 2015 - 02:45 pm - Link - Report abuse 038. I said long ago pretty soon it will be the height of status to have an Rg maid in Paraguay.
Jul 27th, 2015 - 03:04 pm - Link - Report abuse 0Rgs will be baffled that little Paraguay got so rich....
@40 Do you think Enrique will read it?
Jul 27th, 2015 - 03:26 pm - Link - Report abuse 0There was an article earlier this year about the deterioration of the Argentine beef export industry, saying that Paraguay now exports nearly twice as much meat as Argentina ( “ Paraguay exporta al mundo casi el doble de carne que la Argentina”). The figures for 2014 were about 379,920 tonnes for Paraguay and about 200,000 tonnes for Argentina. Considerable damage was done to the industry when the Kirchner administration prohibited export of beef for a while in an ill-advised attempt to make prices lower within Argentina and then later required export producers to sell a set amount below-cost within Argentina. You can guess how well that worked out.
Jul 27th, 2015 - 04:25 pm - Link - Report abuse 0@Marti Llazo
Jul 27th, 2015 - 05:07 pm - Link - Report abuse 0You are lying, show me just one statistics from those who attempt to calculate the statistic with more accuracy with the methodology used by them.
YOu cannot because are all fake or manipulate to get the number they want to get.
Example:
Statistic
In Agentina 11 million poor took from sample cases 100 from villa 31.
I go and take 1000 samples from San Isidro or southern Great Buenos Aires and I will end up with 31 million super rich and my sample test would be more accurate because I took 1000 samples cases for my stats.
Who cares aboout the beef????
People is just fed up viewing those gurus and pseudos economists with 30 diplomas that keep saying that el “campo” is the engine of the Arg. economy and that a Tractor is an agro product like the Toyota Hilux, etc.
If they would know anything of what they are talking about should know that Agricultural stuff or farming, raising livestock, etc. only represents 7% or ARG. GDP so is less to what produces Tourism that is close to 7.5% of the total GDP and employs more than 1.3 millions workers in the sector.
Beef exports is in decline since 1980 and Alfonsin have started the big destruction of the meat industrial sector like to the leather exporting sector followed by Menem.
Do you know that????
Big meat exporters factories started to go to bankruptcy since 1980 what is the news???
If you want i will make for you a list of all meat factories previous 1980
Example, Meatex sa, Yaguane sa, Fabricarne sa, La morocha , cepa, Ramallo, etc, etc
Sample: Can you see the backruptcy dictated in 1988???
“FABRICARNE S. A. - QUIEBRA”,
http://archive.org/stream/Boletin_Oficial_Republica_Argentina_2da_seccion_1988-06-07/1988-06-07_djvu.txt
Anyway the best statistic will be next elections if all the “Oppo” including the media, MAcri, radicals, Massa, etc. are right sure people will vote for them and the next president will be Macri or Massa.
Otherwise Sioli will be the next president.
Doubts??
@42 Oh, I know all about this. A relative of a dear friend of mine owns an abattoir. She was not allowed to sell her beef wherever, whenever and to whomever. She had to make the phone call to a government official who would tell her to whom she must sell the meat and at what price, as long as she paid the official a cut. You can imagine how the business plummeted but the official got rich.
Jul 27th, 2015 - 05:08 pm - Link - Report abuse 0Beef is just one of the many industries the Ks have killed.
Jul 27th, 2015 - 05:14 pm - Link - Report abuse 0The only business growing in the last decade is the drug trade.
@ElaineB & YankeeBobo
Jul 27th, 2015 - 06:29 pm - Link - Report abuse 0Oh! Elaine inventing tales again??
You like your friend (if he/she exist) seem to don't have any idea on how the export beef industry works since long time ago...
Allow me to explain to you, so next time you make up fairy tales at least sound a little bit more credible.
First, none can sell directly to anybody as he please because beef exporting is highly regulated using “Quotas” for example Hilton.
Quotas give a x q of tons to x countries to be allowed to be exported like in EU, US, etc.
EU regulates Beef quotas by directive EU 431/2008.
http://www.uecbv.eu/doc/UECBV%20IMPORT%20WORKING%20GROUP%20MEETINGS%20IN%20APRIL%20AND%20MAY%202012%20MINUTES.pdf
So the process is like this, each country receives a Quota (ARG. receives the largest one with 30.000 tons).
To be a Meat exporting factory the company has to have a well stablished factory aproved by “SENASA” let's say several millions dollar factory.
Once is aproved the exporters can submit their company to the list of potential exporters registered and aproved.
Then this list is offered to the EU buyers for example in this case and inspectors from EU come to ARG. to inspect the factories and they give the final list that according with them meet higher quality and safety standards of production.
According with this the Quota is divided according with capacity production, etc. among the aproved meat exporters by the EU inspectors.
Thats it.
Just wonder how someone claiming to be Brit don't have a clue how things works in Europe and the regulations.
Any thought????
Liar & Cheater
http://www.uecbv.eu/doc/UECBV%20IMPORT%20WORKING%20GROUP%20MEETINGS%20IN%20APRIL%20AND%20MAY%202012%20MINUTES.pdf
Oooooh!!!!!
We are having a party all night long
@45 Like pigs in a trough the greedy sods wanted to strip any successful business in order to line their own pockets.
Jul 27th, 2015 - 06:30 pm - Link - Report abuse 0The decline in the Argentine beef export industry has actually been a boon for the neighbouring countries, including Paraguay and Uruguay. One of the other effects is that in the declining amount of beef that Argentina does export, the cuts sent out of the country are more “choice.” But that means that the nicer beef that used to be priced decently within Argentina has in many cases become stupidly expensive. My work often takes me to Sta Cruz province and it has been a long time since I have had a decent steak there.
Jul 27th, 2015 - 06:33 pm - Link - Report abuse 0There is now a special bureaucracy (mafiacracy) in Argentina which is devoted ironically to reducing meat exports: the Registros de Operaciones de Exportación .
Consider how Argentina's beef export industry is faring (declining) under these government controls:
In 2005 Argentina exported about 771,000 tonnes
In 2014: about 200,000 tonnes
If we consider the argument that Argentine manufacturing is somehow going to make up the difference as its other industries go into decline, ask yourself this: if you live in civilised country, have you seen any Argentine manufactured products? That is likely no, and because the Argentine inefficiency and poor quality of manufactured products makes them uncompetitive outside of the captive South American market (except where foreign companies like Toyota hold some Argie noses to the grindstone). Years ago I was buying imported appliances for a house in Chile and the store clerk made his recommendations: buy Korean, then Chinese, but never Argentine appliances.
48. When I started to learn about Argentina I ask my only Rg friend what was 1 mfg product/invention that is known worldwide, or asked another way, what is one product everyone in the world knows is from Argentina?
Jul 27th, 2015 - 06:43 pm - Link - Report abuse 0Answer is
None
Not one time in my whole life have I ever seen a mfg product from Argentina in the USA, the worlds largest market, not once.
@46 It is true, not a story but the reality. Though, of course you don't like it.
Jul 27th, 2015 - 06:49 pm - Link - Report abuse 0The main point I was making seems to have been to difficult for you to understand. The Kirchner government official was taking a large bribe every time. Every. Time. She could not sell her beef without PAYING the KIRCHNER official. He got rich while her business barely scraped by. That is the reality.
@49. YB
Jul 27th, 2015 - 06:54 pm - Link - Report abuse 0BTW
Biro was a Hungarian. He developed his initial ballpoint pen ideas in Germany before the war.
In 1938 he secured a British patent.
He later fled from Germany to Argentina, to avoid persecution and continue his business.
When he tried to bring his family to join him, he had to surrender a share and much of the control of his company to Peron's government.
@Marti Llazo
Jul 27th, 2015 - 09:36 pm - Link - Report abuse 0“In 2005 Argentina exported about 771,000 tonnes”
Let's see your wonderful figures of meat with bone (what is you talking about), etc.
Exports end 2004 632k tons, fob price U$S 1.536 by ton, total exports $970 millions.
can you see $970m pretty irrelevant as always have been.
Now lets see Internal market,
2004 2.5 million tons sold average price $7.27 (pesos), U$s3.05 Exchange Rate.
Price by kg = U$s2,38 x 1000= U$s2.383,60
U$s2.383.60 x 2.5m= U$s5.959.016.393,44
As you can see 80% of Arg's meat is consumed by Argentinians and represents close to U$s6 billions turn over and is the biggest market for
Arg. producers and not EU, US or whatever market you may think and will never be.
Developed markets like in the north are reducing consuption of beef even if its is higger like in the US for example but what you have to be
concerns is the reduction of consumption in ARG of red meat compared with chicken for example.
About ARG export, of course you have showed your complete ignorance about what ARG exports and not.
Alow me to tell you...
Seamless tube and Welded tube for the oil, etc. industries (Techint)
CNG (Compressed Natural Gas) products, ARG one of the bigest exporter in the world.
Petrochemical produts (Monomers and polymers like PP, PE-AD, PS, etc?)
Paint
floor tile and ceramics
Cars
Radioactive medicine products
Medicines
machinery
Electrical appliances
Shoes
Toys
Custom Software (main cliente US)
Wel the list can be so long and I'm running of chars...
#52 Danny Berger
Jul 27th, 2015 - 10:09 pm - Link - Report abuse 0Excellent points. Those people have no idea what sort of country Argentina has become. No need to add anything.
You may export those products but they're mostly mfg'ed by Multinationals from other countries.
Jul 27th, 2015 - 10:31 pm - Link - Report abuse 0You're merely the people who assemble them.
Silly monkeys don't know anything.
@Yankeebobo
Jul 27th, 2015 - 11:20 pm - Link - Report abuse 0Do you mean like 1 billion Argentina's multinationals like Globant for example?
Globant Moves into India with Acquisition of Clarice Technologies
Argentine IT firm Globant has announced that it has acquired India-based software developing firm Clarice Technologies and will soon launch a delivery center in the South Asian country.
http://www.nearshoreamericas.com/globant-acquires-indiabased-software-developer-clarice-technologies/
Globant expands opration to Chile
http://www.nearshoreamericas.com/globant-acquires-indiabased-software-developer-clarice-technologies/
D Berger claims that “machinery” is exported by Argentina. But it goes not to First World countries (where reliability, safety, and quality are required) but to Third World locations, where quality lower than that of China is acceptable if something is done cheaply enough. And quite frankly Argentine manufactured products are generally of rather low quality. Hence the observation that it is very unlikely to find “manufactured products” from Industria Argentina in the civilised nations.
Jul 28th, 2015 - 12:04 am - Link - Report abuse 0Dany wtf does a it call center company have to do with rg exports?
Jul 28th, 2015 - 12:15 am - Link - Report abuse 0Gads youre so dumb.
Soy down 14 percent yoy.
Bahahahaha
No fuel next year.
I hope you like raw meat.
55 Dany berger
Jul 28th, 2015 - 12:27 am - Link - Report abuse 0“Do you mean like 1 billion Argentina's multinationals like Globant for example?”
One billion dollars!!??
That's not a lot these days for a company - let alone a “multi-national ”
“Why.... Virtucon, alone, is worth $9b ... !!”
apologies to Austin Powers
:-D
@Marti Llazo
Jul 28th, 2015 - 01:06 am - Link - Report abuse 0List of countries that buys ARG. machinery
Germany
France
Italy
Belgium
Brazil
Russia
South Africa
Ukraine
Australia
Chile
Colombia
Bolivia
Ecuador
Philippines
Honduras
Kazajistan
Mexico
Moldavia
Mozambique
Nigeria
Paraguay
Uruguay
Venezuela
SYL
Arg machinery, like to Kazakhstan where you sold 5 combines in a 1x deal without spare parts so they could never be used?
Jul 28th, 2015 - 02:08 am - Link - Report abuse 0Silly retard you don't know much about a country you claim to be from...
I was managing a construction project in southern Chile some years ago and we could buy cheaper Argentine “manufactured” materials or more expensive Chilean manufactured materials (THHN wire, insulation, construction steel, plumbing and lighting fixtures, etc). Most of the Argentine export materials (such as fibreglass insulation, which I remember in particular) were of such poor quality that they did not even meet the performance specifications. The electrical fixtures were so poorly constructed that the wiring could not be securely attached and this created both performance and safety problems. If Argentine manufactured items are so poor that Chilean products are preferable instead, then this is a serious indictment of the (low) quality of La Industria Argentina. Thus the reason that you don't see manufactured Argentine products in the serious marketplace of the civilised nations.
Jul 28th, 2015 - 04:30 am - Link - Report abuse 0@59
Jul 28th, 2015 - 04:38 am - Link - Report abuse 0Well I'm glad to see that my country is not on your list. We still value quality around here...
Now you do realize that when your Whacky Leadership's currency manipulations finally crashes and the peso becomes worthless, you will become a low-cost production center for your new Chinese overlords. Trust me, you will be exporting like crazy then. All kinds of manufactured goods. That you'll be paid the equivalent of 50 cents per day to make.
Enjoy!
Bwahahaha!
If I remember correctly ( and i usually do) the combines they sold to Kazakhstan didn't work and before they were even shipped the mfg company went out of business. It was all some sort of weird deal to show that the Ks opened up a new country to Rg goods. I bet they've not sold much more there since.
Jul 28th, 2015 - 10:54 am - Link - Report abuse 0BTW since most people have short memories, all good to and from Venezuela and Argentina pass through a “customs” broker that is owned on one side by the filthy Ks and the other by the filthy Chavez family. 15% off the top for both sides.
The Korruptions knows no bounds.
They need to be in jail.
I think Argentina produces the only washing machine that regularly catches fire.
The sales of agricultural equipment to Kazakhstan were back around 2007 and hardly represented any sort of big deal, ironically more of a propaganda loss-leader and anyway the equipment they tried to sell were poor knockoffs of US designs. Kazakhstan buys and uses mostly Russian equipment. If you visit Kazakhstan now you won't see any Argentine equipment working.
Jul 28th, 2015 - 02:06 pm - Link - Report abuse 0And speaking of washing machines, I remember that Kristina went to some inauguration in Córdoba last year of a manufacturer of automatic dish-washing machines. Now, the rest of the world has been producing domestic dish-washing machines for about 40 years, and Argentina is finally learning to build copies? Well, for Argentina this is real innovation.
But back to the original topic, a report in July of purported [by the INDEC] economic growth back in May. Turns out the INDEC used some rather flimsy premises, some “seasonal adjustment” and whatnot, and then the Congressional economics folks said there was no 2.2 pc economic pickup but instead a further decrement of something like 0.7 pc. I see today that even the historically mendacious INDEC has conceded that the June numbers show a further contraction of the Argentine economy for June and a trend over the past two years of clear overall reduction in economic output. If the INDEC concedes the 0.8 pc reduction and recession then we can guess from recent experience with the INDEC that the decay is closer to double that. I think the automotive assembly sector (it's assembly of foreign designs and parts, like Mexico, but Argentina likes to call it manufacturing) is off something like 12 pc.
The short answer: no, the Argentine economy is not advancing, it is contracting so badly that even the INDEC has to admit it.
@Marti Llazo
Jul 28th, 2015 - 04:23 pm - Link - Report abuse 0Oh!
How easy is to spot liars in this forum and people pretendding to be Argies or Eurpeans and don't know how they look like.
Lets see...
”Most of the Argentine export materials (such as fibreglass insulation, which I remember in particular) were of such poor quality that they did not even meet the performance specifications”
Fiberglass for isulation in Argentina is made by VASA (Vidrieria Argentina SA) company stablished in 1938 by the British company Pilkington Group Limited who was at that time virtual owner of the monopoly of the glass worldwide (Before British ruined their country) and Now owned by the NSG Group (Nippon Sheet Glass Co., Ltd) and Saint Gobain the French maufacture of glass with 350 years of history in the business founded in 1665 in France.
The first factory stablished by Pilkington in the world outside England guess where it was????
Yes idiot Argentina, the company has 77 years in Argentina manufacturing glass.
http://www.pilkington.com/en/ar
http://www.pilkington.com/en/ar
http://www.pilkington.com/en/ar
Also NSG and Gobain has severals plants in Argentina with differents names and produce stuff for the automitive industry, textils fibers, etc.
Chile does not produce Fiberglass, fiberglass in Chile is imported by Pilkington from Argentina or Brazil through a branch that has in chile with the name of Vidrios Lirquén S.A that only produce glass for windows, etc.
So no Chilean Fiberglass exist because row fiberglass is imported or from Argentina, Brazil or US.
65 Dany EUian
Jul 28th, 2015 - 07:36 pm - Link - Report abuse 0Even if Argstill have a moderately viable manufacturer or two, you are right next door to Chile, the closest, yet Arg can't compete with the fibreglass suppliers from Brazil or the USA, a continent away!
Any other examples of indispensable cutting-edge exports??
BTW, Biro was a Hungarian with a British patent for his pen tech
64. The copied dishwashers most likely catch fire too :)
Jul 28th, 2015 - 09:09 pm - Link - Report abuse 0I didn't even buy Rgs made products when I lived there. I learned my lesson really quickly.
Expensive crap.
That comes when you have a closed market.
DBerger’s comment on Chilean-manufactured insulation is a classic example of Argentine duplicity, self-deception, and self- contradiction. Yet the very argument he attempts to make would practically eliminate any claim that Argentina might have to doing any “manufacturing.”
Jul 29th, 2015 - 02:32 am - Link - Report abuse 0The major point of the discussion about the Argentine fiberglass insulation was primarily that it was of such a poor quality product and it failed to meet the performance specification or the manufacturer representations. It was frankly inconsistent and unusable junk. And the Argentine lighting fixtures for that project could not reliably hold the wiring connections, making them both unreliable and unsafe junk that had to be replaced.
But since since DBerger likes to think of Argentina as a motor vehicle “manufacturing” nation (I can’t write that without snorting) let’s look at what his Kirchnerist countrymen say about just how much those cars and trucks are really “Argentine.” I am looking at the pro-Kirchnerist rag called “Página12” (known in Argentina as Vagina12) and it discusses the content of what the Argentos typically regard as their very own Argentine car. It turns out that the engine is not really Argentine since any critical-tolerance parts come from Brazil (engine block, valves, crankshaft, injectors, etc). The battery is from Brazil. The seats are made of imported materials merely assembled in Argentina. The gearbox has critical tolerances and so can’t be made in Argentina; it comes from Brazil. The sheet metal is stamped in Argentina but the components are imported and the work and assembly are supervised by foreign specialists. Items that are “Industria Argentina” made are actually done under careful supervision of multinationals that have somehow survived under Peronism. Basically, Argentina annually imports about US$ 3 billion in auto components from Spain, France, the US, Brazil, and other countries, does almost zero actual auto engineering or design, puts
Dany Berger
Jul 29th, 2015 - 03:36 am - Link - Report abuse 0You write informative posts yet most posters here are not interested in any sort of real information. Just like Marti above, they will dig for something negative to say about anything with the colores celeste y blanco.
Fiberglass? Oh, it can't compete with that made in the U.S.!
Cars? Oh yeah but you don't make them fully!
Repeatedly polls show the Kirchnerism ticket on its way to the Casa Rosada? Polls are fake!
However, tell you what: These writers here are in disarray. They are witnessing the development of an unparalleled story: that of a people giving recognition to the improvements and advances introduced by Kirchnerism and planning to keep them in the race!
They should not worry. When we take over the Malvinas we'll respect the islanders and their way of life.
Galtieri no more.
69 Enrique
Jul 29th, 2015 - 06:36 am - Link - Report abuse 0” When we take over the Malvinas we'll respect the islanders and their way of life.
Galtieri no more.'
what a load of nonsense EM
BTW, you post on here as much as YB, now.
Cheaper than Coca, right??
@Enrique Massot
Jul 29th, 2015 - 12:00 pm - Link - Report abuse 0Don't worry I have a lot of patient to educate the ignorants, but don't blame them after all not everybody can have the opportunity to have a good education,if you know what I mean.
Enjoy the show...
@Marti Llazo
Bla, bla,bla and more bla,bla, lies, more bla,bla but you don't know anything about Argentina.
“The gearbox has critical tolerances and so can’t be made in Argentina...”
Transmissions inlcuding GB for VW vehicles for example are made in Argentina in the CIC (Centro Industrial Córdoba) and also are exported to
Germany, Brazil, Mexico, to be assembled in some vw models, etc.
Is the second biggest industrial plant in production capacity and the 1st in size after the plant of Kassel in Germany.
You can see VW plants in ARG by clicking the link below then welt > Sudamerika > Cordoba, Pacheco, Tucuman
http://www.volkswagenag.com/content/vwcorp/content/de/the_group/production_plants.html
CI Córdoba
http://www.volkswagenag.com/content/vwcorp/content/de/the_group/production_plants.html
Arg suspenssion factory for IVECO, Renault, Scania, VW, etc trucks
http://www.volkswagenag.com/content/vwcorp/content/de/the_group/production_plants.html
Ford motor engine plant
http://www.volkswagenag.com/content/vwcorp/content/de/the_group/production_plants.html
AGCO MF engine factory
http://www.volkswagenag.com/content/vwcorp/content/de/the_group/production_plants.html
http://www.volkswagenag.com/content/vwcorp/content/de/the_group/production_plants.html
Casei Factory in Arg. with greetings from Cristina just for you
http://www.volkswagenag.com/content/vwcorp/content/de/the_group/production_plants.html
“ The sheet metal is stamped in Argentina but the components are imported and the work and assembly are supervised by foreign specialists.”
Nope, metal-sheets for auto-parts and stamping are made in Argentina by Ternium Siderar a company of the Arg. multinational Techint Group
http://www.volkswagenag.com/content/vwcorp/content/de/the_group/production_plants.html
Depends on the manufacturer. And there is no “Argentine auto industry” but instead foreign companies that design vehicles and provide parts to be assembled in Argentina. Toyota in particular sends Japanese specialists to oversee and supervise assembly. The model referred to in the article was the Chevrolet Corsa and the critical components, as noted previously, come from outside Argentina. You can find some minor work as you indicated being done in Argentina but components requiring critical dimensions are mostly imported from Brazil, England, or other countries, and assembled in Argentina. Likewise the electronics, air conditioning, and similar components come from outside Argentina. This gives the hordes of semi-skilled surplus population something to do, like playing with Meccano sets.
Jul 29th, 2015 - 03:04 pm - Link - Report abuse 0I've long thought that the Auto Mfgs in Argentina are holding their breath waiting to see if the K model will live past the current govt.
Jul 29th, 2015 - 03:22 pm - Link - Report abuse 0If it does I am pretty sure they'll all pull out
The Arg internal mkt isn't big enough to bother with and all their current mfg could me moved to Mexico and Brazil without a problem.
i would never buy an Rg mfg vehicle, they don't survive even the smallest of crashes. The cars don't even look like cars after an accident. It is horrific.
73 yankeeboy (#) - I own two Toyotas: one of them is a diesel Hilux made, er, assembled in Argentina (I live near the Chile-Argentine frontier). But it is very basic, with no air-bags or electric windows, purely Japanese in its components, with just assembly being done in Argentina under strict Japanese management and supervision. The Peronist model makes it very difficult and expensive for foreign auto manufacturers to distribute vehicles in Argentina unless they also do assembly in the country. There was a time when some vehicles sold in Argentina were assembled in their origin company, then taken apart and sent in separate parts to Argentina, and then re-assembled there. Typical behaviour for los paises de cuarto.
Jul 29th, 2015 - 07:05 pm - Link - Report abuse 0The reason cars here look bad after accidents is mostly because of the insane nature of the drivers, most typically involving excessive speed. I've been driving at 120 km/hr on two-lane Ruta 3 in Sta Cruz prov and some crazed Argento will pass me doing 160 or more.
Here is what Kirchnerism has done for the automobile assembly business in Argentina: in March 2013 there were about 54000 autos assembled in the country. In March 2015 there were about 22000. But whenever there is a tiny upward bump from these current low numbers, the INDEC tries to get everybody (like Mercopress) excited about Argielandia being on the march. But the industry is in terrible recession. Kristina is just digging a deeper hole.
74. Speed and Alchohol are a huge problem in their traffic accidents but I also think the safety standards and the quality of the materials are woefully under what the USA sets as a minimum.
Jul 29th, 2015 - 09:17 pm - Link - Report abuse 0If the mfgs pulled out they'd really have no choice but to allow imports. Probably end up being Chinese but its no loss to any of the big boys.
@Marti Llazo
Jul 30th, 2015 - 12:37 am - Link - Report abuse 0Lying again??? or you Toyota is from 1970????
Here used Totoya Hilux Diesel ARG made from 2012 for sale
Comes with
Air conditioning
Automatic climatiser
Car headlights regulation from the interior
Electric windows
Computer onboad
GPS
Crusier speed control
Rain sensors
Centralised door closing
Parking sensors
Lights sensors
Camera in the back
ABS
“Double airbags inf the front and laterals”
Etc, etc
can you see above that comes with Airbags??
http://auto.mercadolibre.com.ar/MLA-568325473-toyota-hilux-srv-30-4x2-cabina-doble-_JM
Here a video of old Hilux diesel from 2011 that also had airbags
http://auto.mercadolibre.com.ar/MLA-568325473-toyota-hilux-srv-30-4x2-cabina-doble-_JM
“There was a time when some vehicles sold in Argentina were assembled in their origin company, then taken apart and sent in separate parts to
Argentina, and then re-assembled there. Typical behaviour for los paises de cuarto. ”
Do you mean like US for example???
AGCO MF assembly plant in USA that uses parts made abroad from Argentina and Brazil to assembly AGCO MF tractors
First Massey Ferguson assembled at AGCO Jackson US
http://auto.mercadolibre.com.ar/MLA-568325473-toyota-hilux-srv-30-4x2-cabina-doble-_JM
Here the guy explains that AGCO Argentina and Brasil are the only engine factory in the whole continent.
http://auto.mercadolibre.com.ar/MLA-568325473-toyota-hilux-srv-30-4x2-cabina-doble-_JM
http://auto.mercadolibre.com.ar/MLA-568325473-toyota-hilux-srv-30-4x2-cabina-doble-_JM
The problem with you is that you don't have any idea of what you are talking about and how the manufacture industries work in a global economy today...
It is curious that some of these boludos don't even understand the range of vehicles assembled in Argentina.
Jul 30th, 2015 - 01:41 am - Link - Report abuse 0Not surprisingly, I know my own vehicle a bit better than this Berger clown.
Mine is a doble-cabina Toyota Hilux base model 4x4 with the D4D 2,4 L turbodiesel and 5-speed manual gearbox. The vehicle was assembled in Argentina. It has no airbags, no air-conditioning, manual-only rollup windows, and manual-only door locking. It's an ideal fourth-world vehicle. And that is just the way I like it. You can certainly find other configurations with other features.
In a future installment I'd like to explain the “Potemkin Village” approach used in Argentina to attempt to convince the naive that Argentina possesses some sort of modern manufacturing industry that exceeds the Cro-Magnon level.
Rgs are merely beasts of burden. They don't create anything on their own. The problem is there's better and cheaper places to mfg. If another K type gets in the Intl Mfgs will pull out never to return.
Jul 30th, 2015 - 10:57 am - Link - Report abuse 0Watch and see.
I am rarely wrong
Just a few years ahead of everyone else in my prognostication.
#78
Jul 30th, 2015 - 04:43 pm - Link - Report abuse 0Only a fool would watch any of your predictions
Oops let me rephrase that.
Only a fool would watch your one prediction posed in any way you chose to phrase it.Look for some more numbers and make another prediction.Like a visit you might be making in the future.Those usually prove to be just as inaccurate.
Long live false predictions. They make me laugh also .
I hope youve used my predictions to eat and keep yourself warm through the years.
Jul 30th, 2015 - 04:50 pm - Link - Report abuse 0Remember me telling the rgs to buy garafas?
Yeah you're welcome.
If you bought enough you could probably retire.
:)
YB, you still haven't learned to separate your own wishes from reality.
Jul 30th, 2015 - 11:49 pm - Link - Report abuse 0Argentina will never go back to the black days prior to 2003, YB. Argentines have become used to new ways and won't tolerate to be stripped off of so many improvements.
Candidate Mauricio Macri has understood this, and is attempting to turn around just a couple weeks before the preliminary presidential elections. Hey, he now denies to be planning an economical “ajuste.”
Nationalized Aerolineas, YPF, pensions, Universal Child Allowance, plans, all are suddenly okay to Macri in his desperate attempt to be attuned to electors.
Does it ring a bell, yankeeboy?
It does ring a bell, or rather the bell is tolling. It means that Argentina is doomed to Peronism and failure, forever in default and likely forever in desacato.
Jul 31st, 2015 - 12:35 am - Link - Report abuse 0Meanwhile, Aerolineas loses about US$1 million a day and causes further economic damage to other sectors, like YPF, which is forced by the Kirchner administration to provide fuel and lubricants for Aerolineas at below YPF's operations cost. And Aerolineas is one of the big dollar drains in Argentina these days. Aerolineas get paid in increasingly lower value pesos while the bulk of their maintenance costs have to be paid in increasingly expensive dollars. Lots of dollars. Hence the increasing deficit now reaching a loss of US$1 million a day. On a per-passenger-mile basis that is the worst deficit rate of any national airlines in the world. Probably being run by La Cámpora.
@ Marti Llazo
Jul 31st, 2015 - 02:10 am - Link - Report abuse 0“Mine is a doble-cabina Toyota Hilux base model 4x4 with the D4D 2,4 L turbodiesel and 5-speed manual gearbox. The vehicle was assembled in Argentina”
Nope, Argentina made Hilux comes with D4D 2.5L or 3L diesel and not 2.4L this are Thailand made and Bolivia imports them and comes basic as you say.
Here you have one pretty old from 2010 Arg made on sale in Chile
http://www.chileautos.cl/auto.asp?codauto=4688391
“Aerolineas is one of the big dollar drains in Argentina these days.”
The cost is similar of the city of Buenos Aires underground that cost $ 3.096 millions $8.5 m a day to taxpayers while Aerolineas $3.245 m or $8,9 a day.
BTW Lan Chile lost U$s 108 millions in the 3er quater last year..
@YankeeBobo
I have a forecast for you...
Bring your Diving License with you becuse you have 90% probabilities yo get shot by fellow cops like the video below...
Show me your license, eh?? pum,pum, ratatatatata
http://www.chileautos.cl/auto.asp?codauto=4688391
Nope. Toyota D4D diesel engines used in 2005 Hilux assembly in Zarate, sold as 2006 year model at the Zona Franca in Punta Arenas. Original importation factura shows assembly origin as Argentina.
Jul 31st, 2015 - 03:18 am - Link - Report abuse 0Next.
@Marti Llazo
Jul 31st, 2015 - 07:18 am - Link - Report abuse 0Seems you are the only one having a Toyota Hilux made in 2005 in ARG with 2.4L TD engine
Toyota Hilux Turbo-diesel made in Pacheco Arg. plant at least since 2005 never have 2.4L engine and Hilux came full equiped including Airbags, ABS, electric windows, etc.
http://rosario.olx.com.ar/vendo-toyota-hilux-2005-doble-cabina-2-5-turbo-diesel-iid-795151253
If your Hilux doesn't look like this is becuase is older than 10 years of made in Tahiland or Indonesia or Venzuela or Colombia or who knows.
7 generation 2005 to 2015 made over IMV platform
Motorisations for Hilux
4x4
2.7 VVT-i EFI (2TR-FE)
4.0 VVT-i V6 EFI (1GR-FE)
2.5 D-4D (2KD-FTV)
http://tn.com.ar/opinion/un-pais-sin-moneda-no-puede-andar_606273
Jul 31st, 2015 - 07:37 pm - Link - Report abuse 0Inflation in the last six decades was 70.4% annual average, an intolerable figure.
Its no wonder idiots like Dany think all is well with 40% inflation.
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