Buenos Aires Administration actions off a range of residential, deceased estates which have no heirs

First auction of the year of homes without heirs in CABA with the offer prices with which they go on sale Most properties are apartments with a base value starting at $35,000. How to participate in the virtual auction Several Buenos Aires properties without heirs are auctioned online at bargain prices on May 8. Banco Ciudad offers savings investors an opportunity to invest in properties through an online auction. The Buenos Aires credit institution has set its first virtual auction of the year, featuring six…

Argentine and Brazil agribusiness have an “ecological surplus”

Economist Nicolás Torre, from the IERAL Institute of the Mediterranean Foundation, published an extensive thread on the social network Twitter, highlighting that both Argentina and Brazil have a positive “ecological footprint”. That is, they have more natural resources available than those they consume annually to survive. Torre’s report came in response to accusations against South America in recent weeks. First by The President of France, Emmanuel Macron, when he said that Brazil does not…

LATAM Airlines Re-Starts Direct Flights from Sydney to Santiago

LATAM Airlines is delighted to announce the reintroduction of direct flights from Sydney to Santiago four times weekly, commencing on 28 October 2024. This milestone significantly enhances connectivity, offering travellers daily direct routes between Australia and Latin America. LATAM’s commitment to reconnecting continents is evident in its expansion of services. In September 2023, LATAM Airlines restarted Melbourne – Santiago direct flights thrice weekly. With the addition of the four weekly direct…

Argentine Farm Entrepreneur: They have built an empire that employs more than 1,300 employees

With a focus on the diversification strategy of activities in Entre Ríos province, the Eggs family is involved in poultry, agriculture, meat, and dairy farming and ventured into hospitality. “I am part of the second generation of a family business founded 50 years ago,” introduces Hernán Eggs, 49 years old, with three children, and owner of the company Noelma. This leading Entre Ríos poultry business began in 1974 but later diversified into agriculture, beef and dairy farming, and the provision of…

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…
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