Economy

Within the framework of the expansion of the Fair Prices program that the Minister of Economy, Sergio Massa announced this Friday, rodolfo de vicenzi, president of the Confederation of Private Education Institutions (CAIEP), highlighted the entity's support for this initiative and strange that "what is intended with this agreement is to provide predictability to avoid speculation." "We are all going to work to ensure that it is fulfilled," de Vicenzi emphasized. "The agreement includes the school basket and the price of private schools throughout Argentina. The products in the basket are important, understanding that classes start in March and for…

the economy minister Sergio Massa presented today the new stage of the Fair Prices programin which the products that are part of it will have a pattern of monthly increases of 3.2%. In this context, the team Reprofile communicates with david miazochief economist of FADA, who spoke about the relaunch of the program announced by Sergio Massa. “In terms of results, these programs do not have a lasting effect on inflation”assured Miazzo, who later completed: “These programs fail because they attack the consequence of the inflationary problem and not the causes”. Along the same lines, the economist explained: "In world…

He blue dollar today Friday February 3rd from 2023 is listed on the informal market at $374.00 for purchase and $378.00 for sale. In the last exchange round, the parallel currency climbed a weight. So far in 2023, the informal dollar accumulates a rise of $31 after closing 2022 at $346. Overwhelmed by inflation, the Government loosened up "a little": there will be a 2,000-peso bill How much is the official dollar today? According to the blackboard National bank Argentina (BNA), the official dollar today February 3rd trades at $186.50 for purchase and $194.50 for sale. dollar today How much…

Alphabet Inc. CEO, sundar pichai, said that Google will make available to large users artificial intelligence based language models as LaMDA "in the coming weeks and months." Users will soon be able to use language models “as a search plugin”Pichai said Thursday in a conference call after the internet search giant's fourth-quarter earnings report. “We are just at beginning of our AI journey, and the best is yet to come," he said. Thanks to artificial intelligence, 8 possible signs of "alien life" were detected Google's rival Microsoft Corp., drew attention by outlining blueprints for adding artificial intelligence capabilities from startup…

He blue euro today Thursday February 2 of 2023, prior to the opening of the market, it is listed at $401.00 for purchase and $405.00for sale. The informal European currency is down $5 after last Wednesday's forex activity. So far in 2023, the parallel European currency accumulates a rise of $38, after closing 2022 at 372 pesos. What is the blue euro? The euro denominated blue it is the one that circulates in the parallel market, also called "black market". The value of the parallel currency is usually higher than the official one because it is purchased in banks and…

The government makes efforts to control prices and speeds up the release of Fair Prices, as an important measure to control the inflation. However, private consultants have been anticipating hard data: andthe consumer price index will be in the order of 6%. IEven that data may be higher. The different consultancies show some dispersion, thus data ranging from the 5.2% what project orlando ferreres, either the 5.8% parachute Analytics; the 5.9% parachute go green. Worse, there are others who see greater data, such as C&T, which projects 6.4%, and Libertad y Progreso, very close, with 6.3%. For case, the Freedom…

already started to apply the increase formula for prepaid and who registered with the Superintendence of Health to receive a benefit in the amount to be paid must use a formula that is completed on the website. The benefit granted by the national entity It is valid for any person with income less than six minimum wages. The help it provides is to request a smaller increase in prepaid increases. approximately 350 thousand users completed the form to receive in February and March increases with differential increases. While the increase stipulated according to the Initial calculations were 8.21% in February…

January ends with inflation of 6%, a devaluation rate of 5% and an increase in the informal dollar of 14%, positioning itself practically twice inflation.This situation puts more and more pressure on market prices since 6% inflation moved away from the objective set by the Government's economic team, which was seeking to start 2023 with inflation of around 4% so that, in the month of April, inflation will be around 3%. This inflation is driven by the food item, which has a strong impact on the general level and as a result of the strong increases suffered by products such…

In times where any investment is useful, but it also seems not be entirely profitable, let's see how much it benefits us to bet on a fixed term of 30 days with different deposits. Day by day, interest rates remain at 75% annual nominal. Let's go with concise examples. If we deposit 10 thousand pesos in a fixed period of 30 days, once the return is completed, it will be 10,616.44 pesos. This means that the vested interests are 616.44 pesos. In annual terms, cin 12 consecutive fixed installments with the same reinvestment, the return will be $20,499.63. Now, if…