The state-run oil company Petróleos Paraguayos (Petropar) has announced an increase in the price of fuel at pumps effective Saturday, Feb. 12, despite previous announcements that there would be no changes until the end of the month.
Argentina's main opposition political coalition Together for Change (Juntos por el Cambio - JxC) Thursday announced it will support the agreement with the International Monetary Fund (IMF) so as to never push Argentina to default.
The price of bread in Argentina is to rise between 20% and 25% as of next Monday, Feb. 14 in a very special St Valentine's Day gift both to consumers and to a Government that is struggling to curb inflation and keep the exchange rate of the local peso against the US dollar from skyrocketing.
Next month an Argentine military delegation will be traveling to China as part of a bilateral defense cooperation understanding, which among other issues includes the potential purchase of twelve Chinese fighter aircraft for which the Argentine latest national budget has earmarked a 664 million dollars credit.
The Argentine beef industry is optimistic about world meat production and global demand this year, with China again playing a leading market role. A report issued by Argentina's Rosario Stock Exchange (BCR) and the Mercado Ganadero Department (Rosgan), world beef production will reach 58 million tons, representing a 1% increase over 2021.
Argentina's National Institute of Statistics and Censuses (Indec) Wednesday reported local industrial output had recorded a 15.8% growth in the year 2021, boosted by automotive and transport which showed a 50.9% increase.
Brazil on Tuesday defended its decision to allow British military aircraft flying to the Falkland Island to call at Brazilian airports, landings that annoyed Argentina. The complaint is not new, and Brazilian policy under different governments over the years has been one of accepting those calls.
Just a couple of days after the meeting between President Alberto Fernández and Xi Jinping, it was announced that the Chinese cell phone manufacturer Xiaomi will start producing some of its models in Tierra del Fuego and will expand its network of retail stores throughout the country.
Argentine President Alberto Fernández Monday landed in Barbados for a meeting Tuesday with Prime Minister Mia Mottley amid strong COVID-19 restrictions for reporters. It is the South American head of state's last stop of an international tour which included Russia and China.
Argentina's Cabinet Chief Juan Manzur Monday presided over the ceremony during which the State-run oil company YPF announced it will invest U$S 90 million to develop a solar energy park in Ullum, in the province of San Juan, where radiation suits best these type of undertakings.