Buenos Aires
Sports
Business
Featured New
Culture & Economy
-
Argentina’s army appeals to Supreme Court to reverse ruling ordering them to cede land to Mapuche indigenous community
rgentina’s military will appeal to the Supreme Court a lower court’s decision that the army must transfer ownership of land in the southwestern Rio Negro province to the Mapuche indigenous community. Read more...
-
Right-wing Argentine politicians ‘reject’ Mapuche term ‘Wallmapu’ used by new Chilean administration
The Minister of Interior of Chile used the term “Wallmapu” that refers to a sacred territory on both sides of the frontier. The opposition criticizes a “secessionist claim” while Chilean President Boric will visit the country next week.Read more...
-
Argentinian transgender author Camila Sosa Villada makes her English-language debut with “Bad Girls”
Argentinian author Camila Sosa Villada will have her novel “Las Malas” published in English this spring. In this “name-making” work of autofiction, she conjures up her experiences as a transgender sex worker in Cordoba, Argentina, writes Graciela Mochkofsky in the New Yorker. Read more...
-
Argentina warns beef producers to help slow country’s inflation
Argentina’s Minister of Agriculture on Wednesday warned beef producers to play ball with the government’s efforts to cut rising inflation or face export restrictions. The ranchers had earlier exited a program designed to keep meat costs low domestically. Read more...
-
Who peopled South America? New ancient DNA study reveals the continent’s first inhabitants
The question of migrations–that of how ancient peoples moved from one region to another–had previously been the dominion of archeologists and linguists. However, as a result of rapidly advancing technology, the science of ancient DNA is making bold statements of where our ancestors settled and where they moved on to. One of the lead authors of a new paper about the peopling of South America, Nathan Nakatsuka, spoke to The Bogotá Post on the important findings of the study and the extraordinary potential for this new science. A cross-border, multi-disciplinary study has revealed new insights into the story of the […]Read more...
-
Extreme poverty in Latin America is the highest in a decade, reveals new report
A new report by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) now warns that income inequality and the amount of people living in extreme poverty are rising in Latin America. In all of Latin America, 84 million people are still poor, according to the report. Even more alarming, 63 million live in extreme poverty, the highest number in a decade. The adverse effects of poverty and extreme poverty are especially hitting vulnerable groups such as children. Taking the example of Mexico, a report by the National Council for the Evaluation of Social Development Policy (Coneval) […]Read more...
-
2018 saw Argentina’s highest inflation rate in 27 years, report INDEC
The level of inflation during 2018 reached 47.6%, the highest since 1991, according to a new report by Argentine statistics group INDEC. Recorded as the largest annual increase for 27 years, last year’s inflation even managed to beat the last economic crisis at the turn of the millenium which reached 40.9% in 2002. Levels of inflation are rarely blessed with stability in Argentina, with 2014 seeing 38.5% inflation, but thankfully nothing has yet overtaken the post-hyperinflation levels of 84% of 1991 during Carlos Menem’s government. Inflation in December 2018 was 2.6%, but it was in September that the highest inflation […]Read more...
-
Chile and Argentina finalise free trade agreement
After over a year of negotiations, last week the Chilean Senate of Valparaiso finally approved a Free Trade Agreement between Chile and Argentina. The agreement had been given the all-clear on Argentina’s side in December 2018, but this final approval means that over the next 90 days, Chilean president Sebastián Piñera and his Argentine counterpart Mauricio Macri will be charged with organising the legal framework of the agreement. “This is a great step forward with elements of the latest innovation with regards to commercial and economic agreements, which Chile and Argentina are going to strengthen to the maximum,” Argentine ambassador […]Read more...
-
Why Argentina loses 30% of its bee population every year
Argentina is the second largest producer of honey in the world, but its bees are dying at a rate of 30% every year, according to the Centre of Investigation on Social Bees (CIAS). It was made clear in 2018 that Argentina’s economy depended heavily on crops and exports, as one of the worst droughts in recent years caused the country to lose US$7 billion, pushing it even further into the economic crisis emblematic of the past year. The Food and Agricultural Organisation (FAO) stated that Argentina is the third-largest exporter of honey across the globe, and with honey production in […]Read more...
-
What happened at the G20 Summit 2018 in Buenos Aires
The G20 Summit unfolded with no major hitches, and Buenos Aires is returning to its normal bustling self after a weekend of closed roads and cancelled public transport. But what happened over the weekend? China – Argentina In what appears to be an ever-strengthening relationship between Argentina and China, Mauricio Macri and Xi Jinping signed over 30 investment and agriculture agreements during the international summit. The agreements include a deal to export Argentine cherries to China, as well as the expansion of a currency exchange. “The more China develops, the better China does, then it will be better for Argentina, […]Read more...
-
China and Argentina set to ratify a controversial nuclear plant deal at G20
As the G20 summit grows ever closer, concerns are arising about China’s encroachment into Argentine territory with a new multi-billion dollar project to build a nuclear plant that may be announced during the G20. China is already the main importer of Argentina’s largest cash crop, soybeans, and is expected to ratify a currency swap deal at the G20, which would involve lending the South American country US$18.7 billion. This loan is offered with low interest rates of three to four percent – double their original line of credit – and will make China the biggest non-institutional lender to the country. […]Read more...
-
The Infinite Labyrinth: A new graphic novel on the life of Argentina’s best known writer
In Jorge Luis Borges’ celebrated short tale The Library of Babel, the author writes “Like all men of the library, I have travelled in my youth; I have wandered in search of a book, perhaps the catalogue of catalogues; now that my eyes can hardly decipher what I write, I am preparing to die just a few leagues from the hexagon in which I was born.” According to a new graphic novel, Borges’ own life didn’t stray too far from where he began either. In a straightforward telling of Borges’ life, Borges: The Infinite Labyrinth charts the Argentine writer’s unremarkable […]Read more...
-
Security in place for the G20 – Israeli cybersecurity, French helicopters and US health teams
As the G20 summit in Buenos Aires edges closer, the huge security measures that have been introduced become ever more apparent. Minister of Security Patricia Bullrich previously affirmed that it has taken over a year to bring in these measures and guarantee the safety of international leaders, and she has said multiple times that “violence will not be tolerated” during the summit. The G20 summit brings together presidents as well as economic and financial leaders so that they can work together to combat some of the world’s most pressing issues. Taking place from November 30 to December 2, this is […]Read more...
-
Patricia Bullrich on preparations for the G20: “We recommend that you leave Buenos Aires.”
Just under two weeks before the international G20 summit, Minister of Security Patricia Bullrich asked Buenos Aires citizens to leave the city during the event to avoid complications. “Our recommendation is that you use the long weekend to go away, to leave on Thursday because the city is going to be very complicated,” she told news station A24. Friday November 30 has been declared a holiday, reported Perfil, and the government is cracking down on measures for what will be a huge security operation. High-profile country leaders such as Donald Trump and Vladimir Putin are expected to attend the summit, […]Read more...
-
Budget proposal becomes reality after Senate approval
After an intense debate that lasted over 12 hours, the Senate gave the final approval for President Mauricio Macri’s 2019 budget plan. With 45 for, 24 against and one abstention, Macri managed to persuade some Peronist Senators to vote for the proposal to add to the Cambiemos votes and get a majority. However, during the debates Infobae reported that many Senators criticised the text for the negative consequences it would have on the Argentine people. “The results show that the government’s economic programme has failed,” said the senator for Formosa province, José Mayans. “The reality that this budget is reflecting […]Read more...
-
Argentine economy to hit rock bottom by the end of this year
According to Reuters, the long recession that has dogged the country in the past year will reach its worst moment at the end of this year and in the first three months of 2019. After this, however, it is hoped that March 2019 will see a stabilisation and recuperation of the weakened economy. The announcement was made by Italian economist Roberto Cardarelli, who explained that “stabilisation has a cost,” but this will be led by the income of foreign currencies in return for agricultural and fishing exports, the recuperation of internal demand and a more competitive exchange rate between the […]Read more...
-
Fintech grows 61% in Argentina over the last 12 months
In the last 12 months, the number of fintech startups in Latin America has grown from 703 to 1,166, according to the Inter-American Bank of Development (BID) study “Fintech in Latin America: Growth and Consolidation.” Just five years ago, however, fintech was a relatively unknown concept in the region. But, thanks to rapid advances in technology combined with increased mobile and internet use across the region, it seems that the fintech revolution is showing no signs of slowing down. #Atencion No te pierdas la 2ª edición del informe de @el_BID y @Finnovista publicado HOY ‘#Fintech en #LatAm #2018: #crecimiento y […]Read more...
-
Love thy neighbour (unless it’s Argentina)
There’s a joke I’ve heard time and again in Latin America, that goes something like this: Argentinian: Why does everyone hate us so much? Latin American: Because you all think you’re better than us Argentinian: But we are better than you Or let’s take another example. The other day I asked a Colombian coworker if he was familiar with the Argentine new wave band Soda Stereo. As soon as mentioned the name, his face became so contorted it looked like he was chewing on a wasp. “I hate Soda Stereo, they brought shame on Latin America,” he said, before continuing, […]Read more...
-
World Bank awards $950 million dollar loan to Argentina
The World Bank has approved a $950 million dollar loan to Argentina, which will go towards the country’s budget proposal and to provide support to vulnerable children and young people in the country. This loan is in addition to the world-record $5.6 billion loan that the country has recently agreed with the International Monetary Fund (IMF), and is set to “confront economic difficulties and reinforce social protection for its most vulnerable citizens.” The stipulation that much of the loan will be used to help vulnerable populations, especially those most affected by the government’s drastic austerity measures, will hopefully assuage negative […]Read more...
