Categories: Economy

Warning from the UIC for the lack of dollars: “We are reaching a terminal situation”

The president of the Industrial Union of Córdoba (UIC), Luis Macario, warned this Friday that this productive sector is reaching “a terminal situation” due to the lack of dollars.

“There is a constant change in the rules of the game,” Macario said in statements to El Doce.

“Payments for capital goods are made in 365 days. That does not exist commercially,” said the head of the local industrial entity.

Yesterday the Central Bank issued a resolution that obliges the provinces to pay debt with their own dollars.

Once the new restriction for access to the dollar market was known, the Government of Córdoba announced that it would initiate an appeal for protection in the federal Justice so that this measure would be rendered ineffective.

You may also like

Anna Edwards

Recent Posts

Nissan’s Queerty-Focused DRIVEN Campaign: A Path to LGBTQ+ Customer Loyalty

A digital initiative that weaves narrative techniques, meaningful representation, and branded storytelling has earned recognition…

19 hours ago

Kanye West Blocked: UK Festival Canceled

A prominent London music event has been cancelled amid widespread controversy surrounding its scheduled headliner,…

20 hours ago

Wall Street’s Rollercoaster: Iran War Fears Then a Massive Surge

Markets have staged a swift upswing following the recent bout of turbulence, with leading indices…

20 hours ago

Allbirds Soars 600% After AI Pivot

A once-renowned footwear label is now experiencing a sweeping overhaul after several years of waning…

20 hours ago

United Arab Emirates: CSR for Social Innovation & Responsible Energy

The United Arab Emirates (UAE) has long stood as both a leading producer of hydrocarbons…

20 hours ago

Israel’s Top Spy: Netanyahu Confidant Advocated War to Topple Iran

A major shift in Israel’s intelligence leadership is taking shape as tensions with Iran persist,…

21 hours ago