Tag: Argentina

Friday, October 19th 2018 - 10:18 UTC
Dollar, prices go up in inflation-ridden Argentina

The US dollar rose 22 cents against the Argentine peso and closed at a 1 US$/ AR$37.50 parity on Thursday. It was the second day in a row for an upward trend following seven straight slumps.
Friday, October 19th 2018 - 09:15 UTC
Human rights violations and environmental disasters: What leaves the Chinese investment in Latin America

Chinese companies present a pattern of violations of human and environmental rights in Latin America, according to a report revealed by the International Federation of Human Rights (FIDH).
Thursday, October 18th 2018 - 17:31 UTC
Judge orders BA metro bus companies to hire 30% female drivers

A group of female job seekers obtained a favourable ruling from Buenos Aires Judge Graciela González to their “gender discrimination” claim against three Buenos Aires metropolitan bus lines where they had applied for drivers' vacancies.
Thursday, October 18th 2018 - 08:57 UTC
“The Falkland Islands belong to you, the Islanders”. The key to “Malvinas is in the hands of Islanders”

Twenty years ago, this month, one of Argentina's then leading political analysts and journalist publicly admitted the Falkland Islands belong to the Islanders. Mariano Grondona had been invited to the Islands by the Legislative Council and during a gathering with locals said the famous quote, “The Falkland Islands belong to you, the Islanders”.
Thursday, October 18th 2018 - 07:36 UTC
Argentina with a record 6.5% inflation in September, and 40.5% in twelve months

Argentina says that consumer prices rose 6.5% in September bringing the twelve month inflation rate to 40.5%, one of the world's highest. The inflation rate published by the official statistics agency Indec, on Wednesday follows a sharp devaluation of Argentina's currency. The nine month rate reached 32.4%.
Wednesday, October 17th 2018 - 09:16 UTC
Argentine industrial activity contracts 4.1% in August year-to-year

Industrial activity in Argentina dropped 4.1% in August compared to a year ago, completing a 0.8% contraction so far this year, according to a survey by the country's Industrial Union, UIA. However compared to last July industrial production was up 0.7%.
Wednesday, October 17th 2018 - 08:24 UTC
Jamaican economist will oversee Argentina's compliance of IMF accord

The International Monetary Fund has announced that Jamaican economist Trevor Alleyne will be the institution's representative in Argentina, after confirming it had decided to reopen an office in Buenos Aires, six years after leaving. The decision comes after Buenos Aires reached a deal with the IMF on the money supply, interest rates and an exchange rate framework.
Wednesday, October 17th 2018 - 01:24 UTC
US dollar falls for seventh time in a row against Argentine peso, but inflation still among five worst

The US dollar fell Tuesday yet again, making it the seventh straight time the peso manages to recover due to the government's “cash-drought” measures. But that did not change the fact that According to the International Monetary Fund’s latest report, Argentina will have the fifth highest inflation rate in the world, which is expected to reach 41.5 by the end of the year..
Tuesday, October 16th 2018 - 19:13 UTC
Crash course for first-time passengers to overcome aviophobia helps AR increase sales

The “Animate a volar” programme, offered at no cost by Aerolineas Argentinas to people who suffer from aviophobia (flight fear) is one of the keys to the company's increase in ticket sales in the first three quarters of 2018, it was announced.
Saturday, October 13th 2018 - 12:46 UTC
Court of appeals upholds prison sentences for Menem and Cavallo

A Court of Appeals Friday upheld a four-and-a-half-year prison sentence for former Argentine President Carlos Menem for undue bonuses paid to government officials during his administration. His then Economy Minister Domingo Cavallo was sentenced to three and a half years.