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Venezuela: The road to ruin

Venezuela has, of course, been much in the news in the last few days.   Fascinating as the politics and geopolitics seems, there is also an economic story – about one of the greatest economic catastrophes of modern times, perhaps of almost any time.  And all the more sad for being entirely manmade. Go back 100 years and Venezuela didn’t stand out from the countries around it.  Angus Maddison’s collection of historical GDP estimates suggests that in 1913 real GDP per capita in Venezuela was just a bit…

Buenos Aires Real Estate sales fell 27.4% in December 2018

The real estate market echoed, in 2018, the impact of the economic crisis. Last December the deeds of sale in the province of Buenos Aires fell 27.44% over the same month of 2017 and completed a year with a negative balance. Last month 14,890 operations were completed, compared to 20,521 a year earlier. The data arises from the monthly report prepared by the College of Notaries of the province of Buenos Aires. With the December data, 2018 concluded with a total of 119,633 writes, a 6.8% less than the 128,345…

The Global Economy is looking very stretched

The World Economic Forum’s Davos summit has confirmed the obvious that the prospective global boom is over. “Is that it?” might be the repost to the International Monetary Fund’s latest downgrade. Sure, 3.5% global growth is still impressive and better than a couple of years ago when the IMF hailed “the broadest synchronised global growth upsurge” since 2010. The real story of global growth is the serial disappointments that have dogged this expansion from the start. For advanced economies, it has…

The Impact of Blockchain Technology on the Surveying Industry, Cadastre and Land Registry Systems

THE IMPACT OF BLOCKCHAIN TECHNOLOGY ON THE SURVEYING INDUSTRY, CADASTRE & LAND REGISTRY SYSTEMS … blockchain technology and land surveying – may seem unlikely partners at first. However, this new and exciting technology creates a cooperative and synergistic environment in which all information, data, and images from a surveying project can be gathered in a reliable, confident and immutable way. OUTLINE I. Introduction to Blockchain Technology II. Overview of the Surveying Industry III. Surveying…

Chile No 1 Latin American country with the largest electric public transit fleet, and second place globally.

Chile adds another 100 electric buses to its fleet The Minister of Transport and Telecommunications, Gloria Hutt, together with the Undersecretary of Transport, Jose Luis Domínguez, and the DTPM director, Fernando Saka, were in charge of receiving the vehicles that, thanks to a public-private collaboration with the companies Gildemeister, Engie, STP and Vule, will allow improving the quality of service in Chilean capital. Starting in March, vehicles will begin to operate services that connect Maipú and Bajos…

Chile opens ‘Parks of Patagonia’ hiking trail to world’s most adventurous travellers

The Route of the Parks of Patagonia is a brand new trail to add to the bucket list of adventurous hikers and naturalists everywhere. The 2800-kilometer trek linking seventeen of the country’s most beautiful national parks. The Parks, form the Patagonian Route of Parks: 28 million acres of protected land in 17 National Parks––the equivalent of three times the size of Switzerland, or more than twice the size of Costa Rica. It stretches from Puerto Montt in the northern Lake District down to the Tierra…

The amazing success of Chilean Cherry Exports

“I began to do cherries because it was difficult,” says Hernán Garcés. The small sweet fruit is easily damaged by rain, hail or rough handling. They must be harvested by hand and processed individually. But the effort has paid off. Mr Garcés, now known as the “father of Chilean cherries”, has just guided the head of China’s customs agency round his firm’s plant, an hour’s drive south of Santiago. Thanks to China’s appetite for cherries, Garces Fruit has become the world’s biggest producer…

Argentina emerges as the third world largest soybean importer

According to the Statistics and Census National Institute (INDEC), during the calendar year, 2018 Argentina imported 6.44 million metric tons of soybean, versus 1.84 MMT in 2017. But considering the commercial year (April to March) this volume could be much higher, because the soybean crushing industry tends to accelerate its imports as it moves away from the harvest peak (April/May 2018). Despite being the third largest world soybean producer, these imports place Argentina as the third largest soybean importer,…

Doug Casey view of the World – Picks War in Europe and bets on Argentina

by Doug Casey International Man EUROPE From at least the 1600s, Europe could claim to be the center of world civilization on all fronts. The colonies of the Portuguese, Spanish, English, French, and Russian empires (with the Dutch, Germans, Italians, and Americans as bit players) covered almost the entire planet. In its early days, an empire is both fun and profitable. You get to loot and pillage at will, and an empire provides lots of room to relocate the disenchanted, the overly adventurous, and the criminals.…

Argentina: Record-breaking wheat exports to Brazil

Argentina exported to Brazil 5,910,000 tonnes of wheat suitable for bread, which meant the volume of shipments to that country is the highest of the last 12 years and represented an income of USD 1,306 Billion, as revealed by the Secretariat of Government of agribusiness, through the undersecretary of agricultural markets. This record figure, according to the Indec data, was only exceeded in 2006, when 6.1 million tonnes were exported to Brazil. In the period 2016-18, meanwhile, the deliveries of wheat to…

Chile’s Colorful Agriculture of the South

For many years the Araucanía region of Southern Chile has been characterized as the breadbasket of Chile due to the cultivation of cereals and industrial crops typical of the area. Rape oilseed is a plant that, when in Bloom, dazzles by its yellow color. It is a crop that has been strengthened and whose demand is increasing, due to the recovery of the salmon industry and the incorporation of canola oil in the daily feeding of people. The current challenge of improving competitiveness leads to the incorporation…

GTSA Social Media Real Estate Marketing – How well are we doing ?

Disruption to traditional Real Estate Marketing Over the past five years, the way real estate is presented to clients has changed dramatically right around the world. In the past, you could put an advertisement in the local newspaper and expect the phone to ring. Property sold. Now that we have a global market place and so much immigration and migration between previously unconnected countries and locations, we have a new challenge. How to reach the attention of busy, stressed people, looking for a…

Why is Argentina considered the Polo Capital of the world?

Well, there are over 3,000 registered polo players in Argentina, more than ten times more than US and UK for a start. There are many thousands of grooms who specifically care for horses. Polo, or “The Sport of Kings,” as it is often referred to is frequently thought of as something that extremely wealthy people do for fun. And it is. However, Argentina is more affordable than most countries and there it is played at a higher standard than anywhere else.  Argentina’s has the worlds best polo teams…

San Telmo – The new “It” Barrio?

San Telmo has been long been regarded as the bohemian heart of the city, oozing with character and charm not to mention that the barrio is the home of Tango and the world famous antique market.  However, the area has always been regarded as a little scruffy and undesirable.     Until now. For many years developers and investors alike have been speculating that San Telmo will become the new Soho due to the fact that many of the bohemian pioneers that made Soho what it is today have now been priced…

Climate Changes starts to bite in the nut industries

The influence of climate and weather on human societies is already apparent to the world ’s rural populations: inclement weather can result in failed harvests, higher food prices, unrest, and unrest leading to revolutions. Syria being a good example The increasing effect of climate change should be a warning to all agricultural investors and this is doubly true for climate-sensitive tree-crops, most notably almonds which are considered the cannery in the coal mine. Almond trees: fragile flowers Almonds are…