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MercoPress, en Español

Montevideo, November 24th 2024 - 11:53 UTC

Argentina

  • Friday, October 27th 2023 - 10:25 UTC

    Sharp drop on “blue” dollar reported in Argentina

    Customs and police raids have discouraged informal currency exchange transactions

    The “blue” (a euphemism for “black market”) dollar has fallen sharply against the Argentine peso this week after Sunday's elections and the subsequent fracture within the opposition JxC coalition regarding whether to support or not Libertarian Congressman Javier Milei's bid against Economy Minister Sergio Massa at the Nov. 19 runoff.

  • Friday, October 27th 2023 - 10:16 UTC

    Fuel shortages reported in Argentina

    YPF implemented on Monday an average increase of 3%

    Due to fuel shortages in several parts of Argentina, some pumps were forced to sell only up to a quota per customer while others simply closed their activities on Thursday, it was reported in Buenos Aires.

  • Friday, October 27th 2023 - 08:53 UTC

    Paraguayan President involves OAS in Paraná Waterway crisis

    “Foreign trade is key because it is a source of job creation and prosperity,” Peña told the OAS Council

    Paraguayan President Santiago Peña has filed a complaint with the Organization of American States (OAS) against Argentina's “unacceptable” and “protectionist” decision to impose tolls on barges passing through the Paraná River waterway. However, he failed to mention the neighboring country during his appearance before the continental body's Permanent Council.

  • Wednesday, October 25th 2023 - 20:43 UTC

    Argentina: Macri and Bullrich go rogue from JxC to support Milei

    “When the homeland is in danger, anything goes,” argued Bullrich.

    The opposition coalition Juntos x el Cambio (JxC) of former President Mauricio Macri is practically broken after presidential candidate Patricia Bullrich announced following dinner with the former head of state that the two of them would support the candidacy of Congressman Javier Milei (La Libertad Avanza - LLA) in the Nov. 19 runoff against Economy Minister Sergio Massa of Unión x la Patria (UP).

  • Wednesday, October 25th 2023 - 16:15 UTC

    Argentine fisheries exports in nine months, 350,219 tons, 4.5% below 2022

    Jiggers landed some 134,000 tons of squid and exports reached 129,000 tons, prices have been slightly higher 4% than in 2022.

    Argentine fisheries exports during the first nine months of the year reached 350,219 tons, and US$ 1,36bn, mainly to Asia and Europe, but were 4,5% lower than in the same period last year, according to CaPeCa, Argentine chamber of fishing vessels and freezers. As is traditional for Argentina the main export items were hubbsi hake, shrimp tails, while squid faced lower catches, and whole shrimp given a bumper crop saw prices plummet 30%. A major issue in this situation has been the tepid demand from China.

  • Wednesday, October 25th 2023 - 11:15 UTC

    City of Buenos Aires has new Mayor-elect: another Macri

    Jorge Macri will thus succeed Horacio Rodríguez Larreta on Dec. 10

    Former Argentine President Mauricio Macri's cousin Jorge will become the next Mayor of the Autonomous City of Buenos Aires after Leandro Santoro of Economy Minister and presidential hopeful Sergio Massa's Unión por la Patria (UP) announced he would not be taking part in the runoff for which he had qualified last Sunday.

  • Wednesday, October 25th 2023 - 10:51 UTC

    “The Croatian,” alleged mastermind behind the “blue” dollar, arrested in Buenos Aires

    The businessman is allegedly linked to laundering money for the Sinaloa cartel and would also run the largest illegal currency exchange parlor behind the ups and downs of the “blue” dollar

    Argentine authorities Tuesday arrested Ivo Rojnica, a.k.a. “The Croatian,” who is believed to be the mastermind behind the US dollar black market, commonly referred to as “blue,” it was reported in Buenos Aires.

  • Wednesday, October 25th 2023 - 10:00 UTC

    Flybondi to revolutionize peer-to-peer airline seats market

    The Argentine low-cost carrier made the announcement during a forum in Mexico

    Argentine budget airline Flybondi will be the first in the world to allow passengers to trade tickets among themselves, the company announced Tuesday during a business forum in Mexico. The details on how travelers will be able to deal their seats are still being finalized, as is the exact moment when the mechanism would become available for users to exchange Flybondi tickets among themselves on both domestic and international routes.

  • Wednesday, October 25th 2023 - 09:57 UTC

    Uruguayan Supreme Court ruling leaves Member of Parlasur on the brink of extradition

     A final ruling is still pending in Uruguay on Pepín's case

    A ruling this week by Uruguay's Supreme Court left Argentine Member of Parlasur Fabián “Pepín” Rodríguez Simón on the verge of extradition to his country, where he is wanted for influence peddling and other crimes allegedly committed during the presidency of Mauricio Macri (2015-2019), it was reported in Montevideo.

  • Tuesday, October 24th 2023 - 10:30 UTC

    Bullrich will defend her values, but her coalition is mortally wounded

    “I am not the one who is going to congratulate someone who has been part of the worst government in Argentina,” Bullrich said about Massa

    Former Security Minister Patricia Bullrich admitted that she would not abandon her values after being eliminated from the Argentine presidential race on Sunday. But her loss may have signaled the end of the Juntos por el Cambio (JxC) coalition.