Argentina

• Thursday, January 19th 2023 - 10:19 UTC

  Buquebus orders largest 100% electric high-speed catamaran ferry in the world

  

  Shipbuilders Incat Tasmania has begun construction of what they claim will be the world's largest electric ferry boat. The 130-meter-long unit has been ordered by Buquebús, the company offering passenger services between Buenos Aires and the Uruguayan ports of Colonia and Montevideo through the Río de la Plata. It will have room for 2,100 travelers and 226 vehicles, it was reported.

• Thursday, January 19th 2023 - 07:50 UTC

  Argentine announces repurchase of debt bonds

  

  Argentina's Superminister of Economy, Agriculture, and Production Sergio Massa Wednesday announced he had instructed his team to launch a “debt repurchase” process for over US$ 1 billion “to improve the debt profile and continue lowering the country risk,” while bringing it closer to accessing foreign credit.

• Wednesday, January 18th 2023 - 09:32 UTC

  “Blue” dollar hits new highs against Argentine peso

  

  The most widely spread exchange rate between the Argentine peso and the US dollar -known as “blue” - went up AR$ 8 Tuesday hitting a new all-time high of AR$ 378 = US$ 1, it was reported in Buenos Aires.

• Tuesday, January 17th 2023 - 19:59 UTC

  Alberto Fernández: Argentina was the “second fastest growing economy in the world after China”

  

  The President of Argentina, Alberto Fernández, highlighted Tuesday the growth of the Argentine economy in the last two years and valued the Government's progress in infrastructure.

• Tuesday, January 17th 2023 - 19:25 UTC

  Argentine nationals top list of foreign travelers entering Uruguay in 2022

  

  Argentine nationals topped the list of foreign travelers arriving in Uruguay throughout 2022, although Paraguayans were the ones who spent the most money, according to the latest report by the South American country's Ministry of Tourism.

• Tuesday, January 17th 2023 - 10:54 UTC

  No Mapuche Resistance involvement proven in Chubut fire

  

  Chubut investigators denied Monday that the Ancestral Mapuche Resistance (RAM) rebel organization had claimed responsibility for the fire in Currumahuida hill in the town of El Hoyo.

• Monday, January 16th 2023 - 19:47 UTC

  Residents evacuated, lake navigation restricted due to fire in Chubut

  

  Around 60 people have been evacuated from their homes in the town of El Hoyo in the Argentine province of Chubut while 135 firefighters were deployed together with three hydrant planes and a helicopter to face the flames having gripped the Currumahuida hill since Sunday afternoon, it was reported.

• Monday, January 16th 2023 - 19:37 UTC

  Evo to open operational HQs in Buenos Aires

  

  Former Bolivian President Evo Morales plans to set up his operational headquarters in Buenos Aires on Jan. 23 to consolidate his plurinational, indigenist movement in the region, it was reported.

• Monday, January 16th 2023 - 19:29 UTC

  Argentina has most bizarre regulations, leading businessman tells Harvard

  

  Francesco Starace, CEO of Italy's Enel, the company owning a majority of Buenos Aires electricity suppliers Edesur, said last week during a convention at the Harvard Business School, that they would be leaving the South American country because it “has the most bizarre regulation in the world.”

• Monday, January 16th 2023 - 19:21 UTC

  Opening of Itaipu floodgates might relieve Paraná River downspout

  

  The opening of the floodgates at the Itaipú dam during the weekend is expected to bring some relief to the people along the Paraná river shores after 2023 also started with a downspout, although not quite as severe as in previous years.