Vegans Nightmare: A third of global farmland at ‘high’ pesticide pollution risk
According to new research, a third of the planet’s agricultural land is at “high risk” of pesticide pollution from the lingering residue of chemical ingredients that can leach into water supplies and threaten biodiversity. According to research published Monday, a third of the planet’s agricultural land is at “high risk” of pesticide pollution from the lingering residue of chemical ingredients that can leach into water supplies and threaten biodiversity. The use of pesticides…
Hotels in Buenos Aires hit decade-high occupancy rates
Hotels in Argentina’s capital recorded their highest average room occupancy levels for a decade in 2022, boosted by massive concerts, events and a domestic tourism boom. After the hard blow that Argentina’s hotel industry suffered during the first 24 months of the Covid-19 pandemic, 2022 ended with a resounding turnaround. According to a new report by the capital’s Entur tourism body, “last year ended with very positive signs for the hotel industry, with more domestic tourists than in 2019 and an average…
Airline News: Latam expects 20% plus growth in 2023
South America’s Latam Group operated at 83.2% of 2019 capacity levels in the fourth quarter of 2022 on its 144 destinations in 22 countries. It said this was “in line” with its roster of destinations in 2019 and expected annual growth in passenger traffic of more than 20% year-on-year in 2023. This would come from 38 routes that it did not operate in 2019. This included the new joint venture with Delta Airlines that would enable passengers of both airlines to access more than 300 destinations in North…
Chile leads Latin America in global competitiveness
Chile’s National Evaluation and Productivity Commission will conduct a new study to assess priority sectoral permits for investment in order to propose substantial improvements in their efficiency, predictability, and stability. The National Evaluation and Productivity Commission (CNEP) received a new mandate from the Government of Chile to analyze priority sectoral permits for investment, identify barriers in the process, and propose efficiency, predictability, and stability improvements. This study aims…
Investing in agriculture for 2023
Hardy investors are seeking new ways to grow their money. IN THE next 40 years, humans will need to produce more food than they did in the previous 10,000 put together. But with sprawling cities gobbling up arable land, agricultural productivity gains decreasing, and demand for biofuels increasing, supply is not keeping up with demand. Clever farmers, scientists and entrepreneurs are bursting with ideas. But they need money to make this jump. Financiers more often found buying and selling companies have cottoned…
Cattle ranching in Paraguay: an investor’s perspective
Our aim here is to give potential investors an inside perspective on cattle ranching in Paraguay. In the next 50 years, a growing world population, rising affluence and urbanization will drive a significant demand and growth for livestock products. South America has long been a specialized beef sector, with 31% of global production, but there are still large undeveloped areas with cattle-raising potential. Most notably, the Chaco region in Paraguay offers opportunities for added value investment through transforming…
New Spanish investment in Buenos Aires: reopens the former Sofitel hotel on Arroyo street, Retiro, with new owners and a different brand
After being closed for five years, the former Sofitel hotel on Arroyo Street will reopen with new owners. The Spanish chain Único Hotels reached an agreement with the Bencich family to lease the historic Retiro building for the next 20 years and to reopen the five-star hotel at the end of the year or at the beginning of 2024. “Everything is signed and now it remains to move forward with the remodelling of the facilities and define the brand with which we are going to operate in Buenos Aires,” Pau…
The Estancia System: a Distinctive Feature of Southern Patagonia
Estancia System On the pampa (steppe lands) of Southern Patagonia, the individual unit of livestock production is the estancia (ranch) (this system is also used in areas where rainfall is higher). To be cost-effective, given the generally low fertility levels, each estancia covers a large area. Nowadays, three thousand hectares (about 10 square miles) barely provide subsistence for one family. Historically, company-owned estancias were organized on an industrial model and were many times larger (as much as…
Argentina’s worst drought in memory lands a new blow to the economy
Gross domestic product in South America’s second-largest economy, which desperately needs US dollars, will shrink 3 per cent this year, worse than the previous forecast for a 1.5 per cent contraction, as one of the worst droughts in recent memory ravages crucial farm exports. Argentina’s looming recession will be more profound than first expected as one of the worst droughts in recent memory ravages crucial farm exports. Gross domestic product in South America’s second-largest economy, which desperately…
A GERMAN PUBLICATION DESCRIBED URUGUAY AS “A SAFE HAVEN IN TIMES OF CRISIS”
The prestigious German media Spiegel Ausland reported on the benefits offered by Uruguay in the context of the war in Ukraine and the advantages it has over its neighbours. “The country most likely to benefit from the crises in Europe in the long term is precisely one of the smallest on the continent: Uruguay,” explains the German news publication Spiegel Ausland in a story entitled “Effects of the Ukrainian war in South America. Safe haven in times of crisis”. From the information published…
How does Chile’s measure land values using different currency mechanisms ?
Chile measures land values using different currency mechanisms This post introduces a modern example of medium-unit divergence: the Chilean peso and Chile’s Unidad de Fomento or UF Like most modern currencies, the peso is issued by the nation’s central bank, the Banco Central de Chile. Local banks offer peso-denominated cheques and savings accounts. Chileans use these pesos as the nation’s medium of exchange. They pay their bills with pesos, settle rent, and buy food. The differences…
Processed Uruguayan wool coveted by European manufacturers
With one hand, breeder Sebastian Saura holds the head of a sheep, and with the other, in a matter of minutes, he shears the animal down to its tender pink skin. It is the first phase of a trip that will take wool from Uruguay — one of the world’s top exporters of textile fibre — to Germany for use in the seats of luxury cars. At this farm in central Uruguay, 17 workers spend three days shearing 2,600 sheep. They do it in the southern hemisphere’s springtime, before the summer heat sets…
25 Best Places To Visit In South America
The unique history, culture, and geography makes South America a remarkable place to travel. Learn more about the 25 best places to visit in South America below. Would you like to visit South America sometime soon? Or are you daydreaming about fun places to visit? Whichever it may be, this list of the best places to visit in South America is sure to inspire and strike up some wanderlust. Some of the best countries to visit in South America are just a flight or two away.…
Estrugamou family and their various residences in Argentina
The city of Buenos Aires has many emblematic buildings of a classic cut, and among them is one located in Juncal 783 called the Estrugamou Palace, of the style Beaux-Arts. Its classic lines are maintained in the era and excite all architecture lovers who walk by them in the Retiro neighbourhood of Buenos Aires. A few steps further on another nearby street, we find another beautiful building called Mansion Estrougamou, redeveloped in 2015 for the Casa Foa. This is found on Basavilbaso 1233. For a time,…
One of the most fascinating Palaces in Buenos Aires was designed to store drinking water
An impressive building inside and out, with French ceilings and English (Royal Doulton) and Belgian ceramics on the outside. Shields and crests adorn it everywhere, “Cuadritos” with flowers. Marble everywhere inside, huge iron beams and massive water tanks for more than 72 million litres of drinking water. Everything has been done in a very grand way. One wonders why would a small city spend all this money on water tanks. Well, the location, needed to feed the cities water supply by gravity and…
