Economy

the argentine government investigate the Uruguayan unicorn dLocalthe only company from the neighboring country listed on Wall Street, under suspicion that it carried out "Improper maneuvers in the exchange market and transfers abroad with the purpose of fleeing foreign currency" from Argentina. In this process of verifying whether there were participating exchange fraud maneuvers Customs, the Central Bank, the Secretary of Commerce, the AFIP and the Financial Crimes Unit (UIF). The investigation that points to the Uruguayan fintech, which has a market valuation of the order of US$ 4,000 million, already had a significant impact on the price of dLocal…

The Government aspires, with more expressions of wishes than with data, that the May inflation be lower than the 8.4% registered in April. To achieve that goal, in the midst of a growing monetary issuecontinues betting on the same recipe: put up with exchange controls based on agreements with mass consumption companies and apply sanctions for non-compliance, which are becoming more and more frequent. On the consultancy side, the estimates go in the opposite direction, with several analysts who expect 9% and several that do not rule out that the Consumer Price Index is close to double digits, something that…

The world of numismaticsor collecting of bills and coinsIt has experienced a notable increase in popularity in recent times. In the Internet age, there are a lot of people who they sell rare ticketssome of which are highly appreciated by collectors, who are willing to large sums of money for them. Is about a 1,000 peso bill that has caught the attention of collectorswho can pay up to $50,000 for the. These are the Argentine peso bills that stopped circulating and are worth a fortune the numismatics It is the discipline that deals with the study of coins and bills.,…

The repairs in the Atucha II Nuclear Power Plant entered the final stage and the authorities of Nucleoeléctrica Argentina Limited Company (NASA) planned to put the reactor back into operation in July. the rush for get the generator running againwhich has a capacity of 745 MWe, responds to the cost burden that the country has to face to replace that energy, but also to certify that the national model of development and substitution of imports it is valid. The Vice President's Order Cristina Kirchner is speed up expansion plans that are in project phases or incipient implementation, with the aim…

The Banking Association (AB) and the four business chambers of the activity agreed in the Ministry of Labor a salary increase of 66% retroactive to last January and until July. Thus, in six months they exceed the inflation projected by Sergio Massa for the whole year. The initial salary of a worker from April will be $310,000 pesos and, in July, it will reach $400,000. The agreement was communicated by the head of the union, Sergio Palazzo. An initial bonus of $343,000 will also be paid for Banker's Day on November 6th. Two days ago, La Bancaria had alerted the…

Despite the purchases of the last 13 rounds, the gross reserves of the Central Bank (BCRA) fell again this Tuesday and closed at US$32,907 million. It should be remembered that on Monday they had already gone down $93 millionclosing the day at US$ 33,062 million, a new floor since October 11, 2016. Meanwhile, this Tuesday the settlements per soybean dollar decreased 29.9% or $28.4 millions compared to Monday, and contributed US$ 66 million. The blue dollar generates tension again and closes higher again this May 23 However, the monetary authority ended with a net purchase balance of US$14 million and…

He Ministry of Territorial Development and Habitat who drives santiago maggiotti announced that registrations for the line are now open Lots with Procrear II Services. As anticipated, there is a total of 1,456 plots, distributors in 52 properties Delaware 11 provinces. Through this initiative, interested parties can Acquire a loan to access some of the land with basic services of the Procrear II program, from which the successful bidder can build a single-family home there. Housing construction and neighborhood integration advance in the 26 departments Who can register for the draw for the 1456 lots with Procrear II services? As…

The Minister of Economy, sergio masa, announced an agreement with the banking sector from which without the purchase limits of credit cards of the users. In this way, families will be able to access more credit through increases in 30% in the margins of purchases in credit card installments; 25% in the margins to a payment; and 25% in the margins of advance in current account to MiPymes. We value the decision of public and private banks with national capital, which make the decision to help consolidate consumption by increasing the rate quota, the credit indebtedness quota for credit card…

The Private Oil and Gas Union of Río Negro, Neuquén and La Pampa began this Sunday, May 21, a general stoppage of activities for an indefinite period in the Vaca Muerta complex. The measure of force is a claim that arose after last Wednesday a worker suffered an accident that resulted in the amputation of one of his arms. "Tired of tragic accidents that cost lives or maim workers and in the absence of answers on behalf of the companies and the national government to put an end to this situation, they were able to implement a fight plan defined…