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MercoPress, en Español

Montevideo, June 5th 2025 - 20:19 UTC

Argentina

  • Tuesday, August 8th 2023 - 10:49 UTC

    Argentina: “Blue” dollar closes in on AR$ 600 threshold

    Cash from the IMFis hoped to bring on some tranquility after the PASO elections

    The “blue” (a euphemism for “black market”) dollar rose sharply on Monday and closed at AR$ 596, thus reaching a new all-time high ahead of next Sunday's Simultaneous, Mandatory, and Open Primary (PASO) elections, it was reported in Buenos Aires. The gap with the official quotation stood at 110.8%.

  • Tuesday, August 8th 2023 - 10:36 UTC

    Argentina: mining and crude oil production grow in first semester of 2023

    Lithium carbonate and other lithium minerals showed an increase of 12.7% year-on-year

    According to a study by Argentina's National Institute of Statistics and Census (Indec) released Monday, the mining industrial production index (IPI minero) reported a 10.7% year-on-year increase from June 2022 while crude oil production rose 8.2% interannually. Overall, industrial production of hydrocarbons and mining had an 11% increase in the first semester of 2023.

  • Monday, August 7th 2023 - 10:43 UTC

    Falklands: Chinese ambassador in Buenos Aires iterates support for Argentina's claim

    Ambassador Zou Xiaoli said that China values Argentina´s friendship and “as always” will support Argentina in the recovery of sovereignty over Malvinas

    Outgoing Chinese ambassador in Argentina, Zou Xiaoli again expressed support for the Argentine government's position regarding its sovereignty claim over the Falkland Islands.

  • Monday, August 7th 2023 - 10:16 UTC

    Retail sales keep plunging in Argentina

    “Inflation is hitting consumption in all areas of the economy except in the pharmaceutical sector,” CAME said

    Argentina's Confederation of Medium-Sized Companies (CAME) said in a report released Sunday that retail sales dropped 3.6% interannually in July for a total 1.6% reduction so far in 2023 as “inflation is hitting consumption in all areas of the economy except in the pharmaceutical sector.”

  • Saturday, August 5th 2023 - 10:58 UTC

    Argentina: Massa hints announcements will be made after PASO elections

    The minister and presidential candidate declined to elaborate citing electoral restrictions

    Argentina's Economy Minister and presidential candidate Sergio Massa Friday announced that after the Aug. 13 Mandatory, Simultaneous, and Open Primary (PASO) elections new measures will be enacted regarding pensions and lump sums to improve incomes and help people cope with the rampant inflation.

  • Saturday, August 5th 2023 - 10:34 UTC

    Argentina: “Blue” dollar up again; trend expected to continue

    The BCRA ended with a positive consolidated balance of US$ 221 million

    The “blue” exchange rate between the Argentine peso and the US dollar closed Friday at AR$ 574 while the Central Bank (BCRA) continued buying foreign currency to feed its dwindling reserves, it was reported in Buenos Aires.

  • Saturday, August 5th 2023 - 10:31 UTC

    Argentina pays the IMF with loan from Qatar

    President Fernández said the payment to the IMF with Qatar's help will give “more tranquility”

    Argentine authorities Friday announced that they would be paying the International Monetary Fund (IMF) a maturity worth US$ 775 million through a 580 million Special Drawing Rights (SDRs) loan from Qatar. The Asian nation will lend Argentina Special Drawing Rights (SDR, money that countries reserve in the IMF), it was explained.

  • Friday, August 4th 2023 - 10:56 UTC

    “Blue” dollar knows no ceiling in Argentina

    A devaluation of around 20% is expected after the Aug. 13 PASO elections

    The “blue” (a euphemism for “black market”) dollar went up again Thursday in Argentina hitting a new all-time high of AR$ 570 at the end of the day as the Aug. 13 Simultaneous, Mandatory, and Open Primary (PASO) presidential elections loom over, it was reported in Buenos Aires.

  • Friday, August 4th 2023 - 08:29 UTC

    Buquebus granted extension to bring decommissioned ship to Uruguay

    he Eladia Isabel was built in 1994 and took three hours to cross the River Plate

    Argentine customs authorities Thursday extended the deadline for the return to Uruguay of Buquebus' Eladia Isabel to “prevent her from sinking,” it was reported in Buenos Aires. Following an inspection in June last, the vessel was found to be in a “distressing condition” and was to be re-exported before July 9. Now it has time so until Oct. 10.

  • Thursday, August 3rd 2023 - 10:22 UTC

    Mutation of dengue mosquito resistant to pesticides

    The peak activity of Aedes aegypti females is in February and March. Spraying poison outside that period only favors genetic resistance to the chemicals

    Argentina's National Council for Scientific and Technical Research (Conicet) has identified in the Buenos Aires Metropolitan Area (AMBA) and in the country's northwestern provinces genetic mutations in the Aedes aegypti mosquito (carrier of the dengue virus) that turned them resistant to normally lethal doses of pesticides, the national news agency Telam reported amid a dengue outbreak, which has resulted in 129,150 cases and 65 deaths over the past 12 months.