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Milei's drive to turn Argentina's economy around through an austerity push has also brought inflation down to close the year at 117.8%, after an April peak of nearly 300%. Analysts say Argentina's ...
Argentina's cattle industry had become a key growth driver in the economy, with Argentina ranking fourth in cow meat exports. Thus, it was crushing news when new cases of foot-and-mouth disease (FMD) were found in 2001, for the first time in 60 years. Although FMD is usually harmless to people, the virus is easily spread between animals, making ...
Mutual trade reached nearly US$20 billion in 2022, with US$6.9 billion in U.S. imports from Argentina and US$13 billion in exports to Argentina. [27] Trade in services with Argentina has been especially advantageous for the U.S., with Argentina's services deficit with the U.S. reaching US$5 billion in 2019 [31] - the entirety for that year. [6]
The economy of Argentina is the second-largest national economy in South America, behind Brazil. Argentina has a human Development Index classified as "very high" by the United Nations, with a highly literate population, an export-oriented agricultural sector, and a diversified industrial base. Argentina benefits from rich natural resources ...
Argentine President Mauricio Macri on Monday announced new taxes on exports in the world's third-biggest soy producer and steep cuts to spending in an "emergency" bid to balance next year's budget ...
As local consumption has slid, exports have risen, but weaker global prices have dampened the boost for farmers. By far the top buyer of Argentine beef is China, though it imports cheaper cuts not ...
Argentina’s outgoing government said Monday it won't support the signing of a long-delayed trade deal between the European Union and the South American bloc Mercosur during a summit this week in ...
The exports ban included meat cuts that are not usually consumed in the local Argentine market, but did not force exporters to cancel previously arranged contracts with foreign buyers or bilateral country-based agreements, and did not include the Hilton Quota (28,000 tonnes of high-quality frozen cuts destined to the European Union, free of ...