Category archives for: Economics

The subsidies to the energy sector increased by 75%

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Subsidies granted by the State to the national energy sector increased by almost 76 percent in the first quarter of the year compared to the same period of 2012 and amounted to 17.262 million pesos, according to a private report.

The parallel dollar closed at 10.05 pesos

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The parallel dollar had an atypical day at the end of the week. The operators spoke of pressure from the government that led them to freeze the last value operations at $ 10.05.

The blue dollar closed at $ 9.88

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After playing at noon a roof of $ 9.98, the blue dollar saw a brief breath and closed at $ 9.84 for the buyer and $ 9.88 for the seller.

The price of cigarettes increases

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It is the second increase so far this year, after applied last January when it was around 4 percent on average.

Parallel Dollar recorded a new historical value as it climbed to $ 9.20 and is called the ‘Messi-dollar’

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The parallel dollar reported an increase of 26 cents in a day. So far this year it builds up 30 percent.

The dollar blue and a new record of $ 8.82

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The dollar traded in the parallel market, called Blue, reached a new record today, to be above the 8.75 pesos, its latest brand high.

The businessman Cristobal Lopez in the food industry

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The businessman Cristobal Lopez who in 2011 bought the San Lorenzo refinery to Petrobras over 365 stations, now made ​​an offer to stay with 51% of its assets in the country, in the area of food.

Boycott against banks and credit cards

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The Federation of Chambers of Argentina Malls (Fedecamaras) today called for a boycott of banks and credit cards for financial institutions to get down the fees apply to businesses.

La Plata: Damage reaches at least AR$2618 million

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Today, the town of La Plata estimated that the losses from the floods would come to $ 2,618 million pesos.

The new increase in highway tolls is already ruling

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From today the Buenos Aires motorway tolls are charged with magnification ordered by the Government of Buenos Aires City.

Chinese supermarkets and the implementation of the SuperCard

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The two chambers representing Chinese supermarkets had differences on the potential impact of the new card for consumers.

Prices will remain frozen until June

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The price will continue freeze for another 60 days, after the new agreement reached between the representatives of the major supermarket chains and the Ministry of Domestic Trade.

The ‘parallel’ dollar continues to rise and reached 8.75 pesos

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President Cristina Kirchner on Wednesday followed closely the progress of the exchange market and had contacts with the leading names in the economics of her government, after the ‘parallel’ dollar reached a record of 8.75 pesos.

The parallel dollar surpassed the barrier of 8.25 pesos

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The dollar rose more than 17 cents yesterday in the informal market and surpassed the barrier of 8.25 pesos for sale in the city of Buenos Aires, on the day after the stocks exchange adjustment provided by the Government in an attempt to combat capital flight.

Pope Francis increased sales on the web

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The merchandising of Francisco increased its sales by tens while the Argentine was enthroned in the Vatican.

The fee for foreign purchases with debit and credit cards will now be 20%

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The Government decided to increase the fee for foreign purchases with credit and debit cards to 20%. So far people paid 15%, which was returned in payment of Income Tax.

Unusual EU report on Argentina reindustrialization policy

The European Commission (EC) today issued an unusual report that attacks Argentina because, it says, ‘its policy of re-industrialization is affecting the country’s imports.’

Small supermarkets and grocers reject the ‘unique’ card

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Owners of small supermarkets and grocers, on Tuesday criticized the issuance of a single card for mass consumption of food and beverages at the big chains because ‘it would impact squarely on their sales and even jeopardize sources of employment’.

The parallel dollar was trade at AR$7,83 at the black market

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Today, the official dollar traded today at AR$ 5.07 in the bank, while the one used for trading at AR$ 7.83

The Ministry of Economy takes 160 million pesos from the National Lottery

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The Ministry of Finance ordered the issuance of a debt, to be signed by the National Lottery, maturing on March 10, 2014, for the amount of 160 million pesos, by a resolution published today in the Official Gazette.

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