Argentina: Savings Accounts or Direct investment: here is the innovative way to invest saved dollars in times of crisis

The recurring crises in Argentina generated that it has large amounts of money saved without many investment options. With a minimum investment of USD 500, Agropecuaria Surmax allows savers to obtain an attractive annual income in dollars with semiannual interest payments. Argentines have had a general distrust of the financial system for years, added to the economic policy of exchange restrictions, causing many Argentines to doubt a lot when making a financial decision. It is known that Argentina has experienced…

South America makes good business sense for New Zealand and Australian companies

“Agriculture is a huge part of the business of South America,” said NZ Trade and Enterprise international market manager, Brendan Mahar. “For some NZ companies, it’s made a lot of sense to extend their pasture-based capabilities to different parts of the world. “Although, doing business in South America is not without its language, legal and local economic challenges.” Having Fonterra so well recognised has given other NZ companies the confidence to build their own South American links– Brendan…

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% year on year and 2.7% from March, seasonally adjusted, reported yesterday by the INDEC . The results of analysed data are conclusive. The agricultural sector showed a decline of 30.8% year…
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