• Analysts forecast 98.4% inflation for Argentina in 2023

    Private analysts consulted by the Central Bank of Argentina (BCRA) estimated that inflation in the South American country will reach 98.4 percent interannual for this 2023, above the level projected for 2022, informed today, Friday, the monetary authority. The data comes from a new Relevamiento de Expectativas de Mercado (REM) ...

  • All signs of recession in Argentina

    The economic program of Minister Sergio Massa continues to show signs of an evident failure in terms of activity and stabilization, despite the announcements of the ruling party. More and more early indicators of activity suggest that the Argentine economy has entered a new recessive phase, at the same time ...

  • South America tourism: record season in Punta del Este, Uruguay

    Punta del Este is one of Uruguay's most popular holiday destinations and is located on the southern Atlantic coast in front of the provincial capital, Maldonado.  The place is known as a seaside resort all over the world, most foreign tourists come from Argentina, Brazil and Chile.  Uruguay's epicenter of ...