Economy

How much does a family need to be middle class in CABA

How much does a family need to be middle class in CABA

To be considered "middle class," a typical family in which Buenos aires city needed to receive income at least $363,666 in June of this 2023while their income must have exceeded $235,931 to not be poor. In order not to be destitute, This family group (35-year-old woman and man, both economically active and homeowners, with two sons aged 9 and 6) need income for at least $131,333. The values ​​arise from the survey of data disseminated by the General Directorate of Statistics and Censuses porteña Assistance policies and poverty: a vicious circle? The expenses of the Basic Food Basket (CBA), that…
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Blue dollar today: minute by minute of the price of this Tuesday, July 11, 2023

Blue dollar today: minute by minute of the price of this Tuesday, July 11, 2023

He blue dollar today Tuesday July 11 2023, prior to the opening of the informal market, it is listed at $490 for purchase and $495 for sale. The Parallel North American Currency opens with a raise of $3 the second exchange wheel of the week. According to the blackboard Bank of the Argentine Nation (BNA)he official dollar today Tuesday July 11 trades at $261.00 for purchase and $274.00 for sale. What is known about the "very good news for retirees" in which Economy and Anses works? How much is the dollar MEP He dollar euroalso know as dollar bagquote $484.13…
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Real blue today: how much is it trading this Monday

Real blue today: how much is it trading this Monday

He royal blue today monday july 10 of 2023 in the informal market it trades at $89.00 for purchase and $94.00 for sale. The coin opened stable the first exchange wheel of the week. The real called blue is the one that circulates in the parallel market, also called the "black" market. The currency value is usually taller than the official due to the fact that it is acquired in banks and that it has an established price. Lula da Silva seeks to lead his country down the same path that China had taken in the 1980s According to the…
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Assistance policies and poverty: a vicious circle?

Assistance policies and poverty: a vicious circle?

In Argentina, the high incidence of poverty is a chronic problem. For decades it has not fallen below 25% of the total population and in critical episodes, such as the 2018 macroeconomic crisis or the strict confinement of the pandemic, it approaches half of the population. Currently, 4 out of 10 Argentines are poor. Poverty is associated with a multiplicity of factors. In order to simplify the diagnosis, it is important to distinguish temporary poverty from structural poverty. The group of short-term poor is made up of people who enter and leave this situation depending on the economic situation. On…
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With the Néstor Kirchner gas pipeline, the Government seeks to save US$ 2 billion

With the Néstor Kirchner gas pipeline, the Government seeks to save US$ 2 billion

On Independence Day, the Government will inaugurate the President Néstor Kirchner gas pipeline in the Buenos Aires city of Salliqueló. According to official calculations, the work will save some US$2 billion in gas imports this year and another US$3.8 billion in 2024. The total cost of the work is estimated at US$ 1,850 million. To reach its final completion, the installation of two compression plants that are in progress must be completed, the cost of which will amount to approximately US$ 250 million, and other complementary works along the route of the existing gas pipelines. The new gas pipeline will…
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Without prior announcement, the oil companies brought forward the rise in gasoline by a week

Without prior announcement, the oil companies brought forward the rise in gasoline by a week

Accustomed to the price update agreed with the Government of 4.5% per month Be applied near the middle of the month, users found that prices rose to zero today. The oil companies anticipated a week the increase of the 4.5% in their prices and who were the service stations were surprised. The naphtha values ​​were last updated on June 17. The new rise in gasoline was a Agreement between the Ministry of Energy and the oil companies. The previous increases They were always on the 15th of each month, but this time it was brought forward a few days. The…
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Virtual shopping in supermarkets grows, but so does crime

Virtual shopping in supermarkets grows, but so does crime

Purchases in supermarkets through virtual channels grew 164% in the year, according to INDEC figures. Those that also increased were cyberattacks, and Argentina became the country in the region with the highest number of these crimes. With an average of 2,000 cases detected per day and a growing number of online purchases, the specialists provided PROFIL with tips to protect the security of transactions. Although it is still a smaller proportion of total supermarket sales, since it represents 2.8%, online purchases are growing. “This demonstrates not only a maturation of the ecosystem and that users are trusting more”, but also…
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Uruguay’s year-on-year inflation was at its lowest level in 5 years

Uruguay’s year-on-year inflation was at its lowest level in 5 years

Inflation in Uruguay fell to 5.98% year-on-year, which represents its lowest level in 5 years and remains within the range of the official goal, as reported this Wednesday by the National Institute of Statistics (INE). The Consumer Price Index (CPI) fell 0.46% in June compared to Mayand registers an accumulated variation so far this year of 3.78%. The decrease in the CPI for June responds especially to the transport category (-1.60%) and food and non-alcoholic beverages (-0.31%), within which the drop in the prices of vegetables and legumes (- 8.38%) and that of fruits and nuts (-7.40%). Uruguay on alert…
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