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Failing Argentine Economy: “It’s Troubling that No One is Proposing Reforms”

Mauricio Macri needs to undertake drastic economic reforms to save Argentina from a death spiral of inflation and currency collapse Argentina’s National Institute of Statistics and Censuses (INDEC) confirmed an economic decline of 5.8% in the month of September. Monthly figures, although dismal and depressing, had at least…

Agri-business starts to lift the Argentine economy

SAN ANTONIO DE ARECO (ARGENTINA) (AFP) –  Federico Zerboni gazes out from his 4×4 as it rumbles across the pampas, fertile fields of rapeseed and soybean visible as far as the eye can see. An agri-business boom in Argentina, fueled largely by soybean and grain exports, has helped offset some of the pain of a bitter recession that forced…

AGRIBUSINESS REPORT ARGENTINA Q2-2018

Agribusiness Report Argentina Q2-2018 aims to summarize the principal activity in INVESTMENTS and M&A in Argentina for the second quarter of the year. Circulation is managed in a quarterly basis to develop relevant updated information. The investments section includes operations in Ag Finance like corporate bonds or stock offerings. The M&A section…

Argentina’s worst drought in 50 years has crushed the country’s cash flow

The economic activity in April fell 0.9% annualised and 2.7% in March, but with a production drop of 30% in agriculture and livestock. It is thought the degree of the drop could reflect the beginning of a short-term recession. The worst drought in 50 years struck negatively with economic activity in April, which fell 0.9%…

Argentine economic activity grew by 4% in June as the economy recovers

The INDEC ( Argentina Statistic Department ) reported the Monthly Estimates of Economic Activity, which in June recorded the highest rate of expansion of the new Macri government era. Economic activity began to accelerate growing by 4% on a year-on-year basis, the highest monthly rate recorded to date under the management of President Mauricio…

Beyond Pizza and Champagne: Argentine wine production and tourism

Despite “Pizza with Champagne” and “Patagonia Lamb with Malbec” jokes, wine and ecotourism will play a leading role in Argentina´s future. When it comes to sociopolitical jokes, there is a long pairing tradition in Argentina, associating governments to food and wine combinations. From anarchist references in popular pastry names…

Argentina’s Central Bank relaxes foreign-exchange restrictions

Argentina’s central bank moved one step closer to allowing the free flow of foreign currency when it removed a limit on how much of their savings individuals and companies can convert into dollars. Policy makers, in a statement on August 8, also said they will cut the amount of paperwork companies must submit to justify dollar purchases…

Argentina Land Laws become more flexible

Precios de la tierra agrícola actualizados 2016
Argentina Land Laws become more market-friendly   Argentina’s government has recently amended the Land Laws by decree in order to promote further foreign investments in farmland which in the past has been in the too hard basket for agricultural investors and farm production companies and individuals. Changes to the Rural Land Law proposed last week…

✔ Argentina an exception to an expected South American Slowdown

By Silvio Cascione Poll shows South American Slow Down, Argentina is seen as exception BRASILIA — The worst recessions in the world this year will take place in Latin America, with little room for policymakers to try and avoid them as global commodity prices flounder, a Reuters poll showed yesterday. Economists slashed growth forecasts…

Argentine bonds buoyed by political hopes of Change

Argentine bonds buoyed by political hopes of Change It is sometimes said that the world has four types of economy: developed, developing, Japan’s and Argentina’s — because of a seeming South American economic exceptionalism becoming apparent again. China’s economy is slowing. Investors have dumped emerging market assets. In Latin America,…