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MercoPress, en Español

Montevideo, November 25th 2024 - 12:34 UTC

Argentina

  • Friday, March 31st 2023 - 08:36 UTC

    Argentina to launch “agro dollar” exchange rate

    Agro dollar will be in effect for 30 to 90 days, it was reported in Washington DC, where Massa was on an official mission to the International Monetary Fund (IMF).

    Argentine Economy Minister Sergio Massa Thursday announced the creation of the so-called “agro dollar,” a new exchange rate for agrifood exports, which seeks to help replenish the country's impoverished coffers while simplifying foreign currency operations for all rural producers.

  • Thursday, March 30th 2023 - 10:55 UTC

    Fernández seeks Biden's help ahead of further IMF talks

    Fernández also said he supported Biden's gun control initiative

    Argentine President Alberto Fernandez was welcomed Wednesday at the White House by his US colleague Joseph Biden. The South American leader explained that his country was going through its worst drought since 1929, which “has greatly complicated our economy” and sought Biden's help in the upcoming negotiations with international creditors. The meeting was to have been held in July 2022 but the US president contracted Covid-19 and it was postponed.

  • Thursday, March 30th 2023 - 10:45 UTC

    Massa and Gopinath discuss IMF flexibilization and disbursement

    ”Good meeting with Minister Sergio Massa,” Gopinath said.

    Argentina's Economy Minister Sergio Massa Wednesday met with International Monetary Fund (IMF) Deputy Managing Director Gita Gopinath to discuss the flexibilization of the reserve's goals in addition to a US$ 5.3 billion disbursement to be announced early next week, it was reported in Washington.

  • Thursday, March 30th 2023 - 10:43 UTC

    ARA Irízar off to final stage of Antarctic campaign

    The Irízar also unloaded Antarctic waste and other materials in Ushuaia

    Argentine Navy icebreaker ARA Almirante Irízar Captain Carlos Recio announced that the unit had “complied with all the tasks emanating from the operations order of the Joint Antarctic Commander, also carrying out more than 600 movements of scientific and military personnel between the different joint Antarctic bases” and was therefore on her way to the last stage of the ”Antarctic Summer Campaign (CAV) 2022/2023,” it was reported.

  • Thursday, March 30th 2023 - 10:09 UTC

    First human case of bird flu reported in Chile

    The 53-year-old male patient in Arica was reported to be stable

    Chilean health authorities Wednesday confirmed the first case of a human patient suffering from avian flu. It is a 53-year-old man from the city of Arica in the northern part of the country, who has been reported to be stable.

  • Wednesday, March 29th 2023 - 10:55 UTC

    Argentina: “Blue” dollar reaches AR$ 397

    Argentine Central Bank's reserves have been draining at a growing pace throughout 2023

    The unofficial exchange rate -commonly referred to as “blue”- between the Argentine peso and the US dollar reached AR$ 393 / 397 (buy/sale) after an AR$ 7 jump Tuesday, thus hitting a new record, it was reported in Buenos Aires. The blue dollar went up over AR$ 20 since last month for an 84.6% gap with the official quotation, which is virtually off limits for over 95% of the population to buy but available for anyone wanting to export.

  • Wednesday, March 29th 2023 - 10:46 UTC

    Boom year for Brazilian farmers with record soybean crop and drought punishing Argentine production

    Abiove now estimates Brazil’s soy production at a record 153.6 million tons, one million more than the last projection last January.

    Brazil’s soybean output and exports in 2023 will be higher than expected, Brazilian oilseed lobby Abiove announced this week, as local farmers harvest a bumper crop. Abiove now estimates Brazil’s soy production at a record 153.6 million tons, one million more than the last projection last January.

  • Wednesday, March 29th 2023 - 10:28 UTC

    Dengue kills 6 in Argentina

    Between 80 and 90 cases of dengue are treated daily at one single Buenos Aires hospital and the number of infections is growing

    Health authorities in the Argentine province of Tucumán Tuesday reported three more deaths due to dengue, which after last week's casualties, brings the total number of fatalities to six nationwide.

  • Tuesday, March 28th 2023 - 11:11 UTC

    Argentina becoming net importer of soybean to feed its grain processing industry

    The Rosario Grains exchange predicts that Argentina will import 7.9 million tons of soybean this season, up 139% from the previous season

    Argentina’s soybean imports are expected to more than double this season due to the devastating impacts of the historic drought on the country’s 2022/23 harvest, the country’s Rosario grains exchange said in a report.

  • Monday, March 27th 2023 - 19:45 UTC

    Argentina bans the sale and import of e-cigarettes

    Electronic cigarette consumption in Argentina had relatively low values, reaching 1.1% of the adult population. However, it reached 7% of the population aged 13 to 15 years.

    The Ministry of Health of Argentina has prohibited the importation, distribution, commercialization, and advertising of different types of electronic cigarettes and their accessories “throughout the national territory”, due to their potential harm to health.