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Populism in Latin America has reached a crisis point

      LATIN AMERICA like North America, has moved to the left over the past few years. There victories in Argentina, Brazil, Bolivia, Venezuela, Chile and Uruguay were supposed to stand for prudent macroeconomic policies and the retention of the best of liberalising reforms of the 1990s, but combined with better social policies. Has yesterdays Populism  in Latin America now reached a crisis point ? In different ways and to different degrees, all correspond to the Latin American past tradition…

The Marxists are in Power in Argentina and Brazil

    The stats are ugly. Brazil’s currency has lost 40% of its value since early 2014. Argentina is already in default and a massive devaluation is likely to follow soon. Brazil also must deal with the murky politics of Petrobras, which could lead to the impeachment of President Dilma Rousseff. This scandal threatens to put a stop to virtually all of the country’s civil construction projects. In Argentina which has become a an economic basket case, the president and her closest advisors are nearly…

Argentine Farmers hold back exporting soybeans

Argentine Farmers hold back exporting soybeans Anyone who has flown over Argentina in the past few months cannot be but astonished at the rows and rows of sausage looking white bags which are used for storing grain once the grain silos are full. Argentine farmers have stockpiled more than twice as many soybeans this year than in 2014 defying a government desperate to increase export tax revenue needed to finance rising state spending ahead of the October presidential election. Growers say the increase in soybean…

GTSA Activity Update

          GTSA UPDATE I trust everyone had a happy Easter and found the time to relax with family and friends. Here is a short update on what is happening in GTSA. Argentina: Buenos Aires: Residential brokers Roxana and Marcia have just returned after enjoyable holidays with families. The local market is still active in the areas that we specialize in with many Argentines looking to take advantage of the low prices before the foreigners can start buying again when the dollar restrictions…

Who are the big Agriculture Producers in South America ?

  Who are the big Agriculture Producers in South America ? If there is one region in the world that competes with the U.S. as the world’s supplier of corn and soybeans, it is South America. There has been a significant surface expansion (mostly in Brazil, Argentina, Uruguay and Paraguay) in the last three decades,and there is a large amount of available land left in Brazil once the rainforests have been cleared. A study by Bain & Company, a Boston consultancy, forecasts that Argentina, Bolivia, Brazil,…

Do Argentine’s have a high tolerance for dishonesty ?

Many of Argentina’s neighbours would say that Argentine’s have always had a high tolerance for dishonesty. Now printed on the front page of the most respected newspaper in Argentina it quotes a just released social survey that would suggest they do. After decades of Peronism and more recently Kirchnerism the line between what is right and wrong has been blurred to where much of society works on the edges. Now when the newspapers print everyday evidence of criminal malpractice by the politicians and…