Cuban Cigar producer Habanos says its cigar sales grew rapidly in 2023 to USD 721million dollars

Jorge Pérez, the Commercial Vice President of Habanos SA, Cuba’s principal tobacco exporter, has said that sales of the joint venture’s cigars rose by 31% to US$721mn in 2023.  He spoke in Havana during the twenty-fourth annual Habano Festival, attended by more than 2,900 participants from 108 countries this year. According to other Habanos executives, the growth largely reflected market recovery after the COVID-19 pandemic and the increasing demand globally for “limited and exclusive” high-end editions. …

Argentina’s Lithium Project Pipeline

Argentina, Chile, and Bolivia comprise the lithium triangle, which is thought to contain roughly half the world’s known lithium. According to the US Geological Survey, Argentina has 19.3Mt of the world’s 89Mt lithium resources. Bolivia (21Mt), Chile (9.8Mt), and Australia (7.3Mt) round out the top four countries in terms of estimated resources. Argentina, though, is set to see major growth in lithium production over the next few years. Argentina, the world’s fourth largest lithium producer, is expected…

Argentines and foreign investors are gaining more confidence that a strong recovery is possible soon

President Javier Milei expressed that the Government has various reasons for optimism. He highlighted positive survey data despite the severe economic recession and asserted that Argentina will experience a robust economic recovery once the stocks are opened. In addition, the President stated that although 70% of Argentines acknowledge their current struggles, there is an essential factor to consider. He mentioned that at the beginning of their mandate in December, only 20% of Argentines believed that their…

Issues that should be addressed before considering the sale of a rural property to avoid an extended sale period

Consider carefully the following issues before putting a farm or piece of land on the market if you don’t want to experience delays, which can cause the property to become stale and develop a negative reputation. Legal and Administration Issues Most importantly, for properties with multiple ownership, all shareholders must be on the same page regarding selling and the expected price level achievable based on an independent valuation ( don’t ask brokers competing with each other for the listing for…

The story behind the Argentine lifestyle neighbourhood that many Americans choose to live

In Salta, there is an area that Americans fell in love with; A closed neighbourhood was built there where many foreigners choose to live, even permanently. Cafayate is a place that conquers any Argentine who visits it and also captivates citizens of the United States . Surrounded by multicoloured mountains, it is located in the heart of the Calchaquíes Valleys, 192 kilometres from Salta. In 2005, a real estate project began to take shape near this town. La Estancia de Cafayate is a gated community located…

The Argentine Falklands/Malvinas Case still has not been settled, but there is hope

Breaking the Deadlock in the Anglo-Argentine Sovereignty Dispute REFUTATION OF THE BRITISH PAMPHLET “GETTING IT RIGHT: THE REAL HISTORY OF THE FALKLANDS/MALVINAS” by Marcelo G. Kohen and Facundo D. Rodríguez The dispute over the South Atlantic islands that Britain calls the Falklands and Argentina claims as the Islas Malvinas has unique features. Still, the legal and political problems at its centre—the tension between sovereignty based on prior title, the principle of territorial integrity, and the…

Classical French Architecture in Buenos Aires

From 1880, admirers of France as a model republic for cultural and aesthetic tastes, known as the ‘Generation of ‘80’, began to expand globally. The classical French style began to heavily influence even Non-French European Architects. At the beginning of the 19th century, European tendencies and influences penetrated Argentina after the wars of independence. As the new republic constructed a nation, the Argentine government aimed to move away from its colonial roots. At the time, Argentina prospered…

Argentina has the most Golf Courses in Latin America

As any well-bred Scotsman will tell you, the mark of a civilised country is its number of golf courses. Well, in Latin America, there is no competition. Argentina has 75% of the continent’s golf courses. In the past 10 years, 50 new major courses have been constructed for the 120,000 plus players in Argentina and the 1,000s of golf tourists who now come to play from the exterior. This is comparable to only 12,000 players in Brazil, many of whom also play in Argentina. Costs vary from public courses; for…

Argentine Beef providing healthy food for the World

Argentina is a huge world-class producer, consumer and exporter of bovine meats. Each year, Argentina produces 2.5 million tonnes of meat. The calculated beef consumption in Argentina is 65.4 kg per person, which is higher than in other countries. For example, the United States weighs 42 kgs, and the EEC weighs only 18 kgs. Even at 65.4 kgs, this is a sharp decline from the 1950s when it was over 91.9 kgs per person. The main strength of the Argentine beef industry has always been the meat quality. Beef in…

La Candelaria Castle in Lobos, Buenos Aires

In 1840 Don Orestes Piñeiro (pharmacist) bought his first farms in Lobos, around 100km from Buenos Aires city. The castle itself was designed by the French architect Alberto Favre hired by Manuel Fraga, who was impressed by a similar one he saw in France on the banks of the Loire river. He hired the best workman, bringing all the necessary materials from Europe. Construction started in 1894 (it took approximately 5 years) and has a size of 1200 m2.  The family then had it landscaped by Charles Thays, a French…

The facade of the De Ridder mansion on Alvear Avenue in Buenos Aires during its expansion, around 1927

In Buenos Aires’ golden age, Alvear Avenue was Frenchified. It was based on the aesthetics of large residences preserved along with its short six blocks that, with few exceptions, recreated in the Beaux-Arts style of the Ancien Régime. The culmination of its axis is the great dome of the old residence Ortiz Basualdo, the current French Embassy, to which the Plaza Carlos Pellegrini with its monument by Jules-Félix Coutan serves as a setting, that can be considered as the apotheosis of a paradigm that…

“Unbelievable! Argentina Crushes soybean exports with record-breaking 7.8m tonnes in just 2 months of 2024!”

In the first two months of the year, grain exports totalled just over 7.8 million tonnes, almost double the same period last year when 4 million tonnes were exported. The increase is due to the end of the drought, which is crucial for foreign exchange earnings.  Cargill and Viterra top the list of companies that control the business, following the collapse of Vicentin. Thus, the U.S. multinational Cargill led shipments of unprocessed grains with 15% of the total, about 1.8 million tonnes. Dreyfus came in second…

“Discover the Secret World of Ultra-Luxury Homes in Buenos Aires – What Makes Them So Desirable Among the Elite!”

Are you ready to invest in a luxury property? The good news is that after five years of decline, the market has finally stabilized! Don’t miss out on the opportunity to own a piece of paradise in select locations, which are now available to both local and foreign buyers. Act fast before it’s too late! Looking for your dream apartment in the luxurious Núñez area? Look no further! The real estate market in Buenos Aires is experiencing a surge of activity in premium properties characterized by exceptional…

The South American country with the second largest lithium reserve in the world, desired by Bill Gates

In an era of essential renewable energy production, the billionaire’s interest is focused on one of the world’s most important lithium deposits, with the exclusive purpose of innovating in its sustainable extraction. Lithium, also known as ‘white gold’ , is the protagonist of a new era in electric mobility and renewable energy storage. In this sense, South America emerges as the region with the largest reserves, led in the world ranking by two nations, which take first and second place.…

2023 Survey says Uruguay offers favourable conditions for investors

Uruguay brought in 3 billion 675 million dollars in foreign direct investment in 2023, according to a report from the XX Uruguay Institute, which recorded a positive situation among foreign companies in the country. Last year there were 47 investment announcements, of which 33 were new and 14 were mergers and acquisitions, according to the report. In addition, 706 initiatives were received within the context of the Investment Law Enforcement Commission, for an amount of 1 billion 194 million dollars. Also according…
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