News of commerce

India supports Argentina’s bid to join BRICS, says ambassador

03-06-2023 06:15 India’s envoy in Argentina, Dinesh Bhatia, discusses trade deficits, defence opportunities, lithium and gas collaboration and the importance of cultural ties.

by Api Dhadda

BLOOMBERG - ANALYSIS

JP Spinetto: Lula’s dreams ignore Brazil’s economic reality

31-05-2023 21:01 Brazil’s president talks a lot about the need for a united political front in Latin America, but he should focus on trade and economic integration.

EU-MERCOSUR TRADE DEAL

Lula: Brazil 'will not give in' on public procurement in EU-Mercosur deal

26-05-2023 11:25 Brazilian President Luiz Inácio Lula da Silva declared Thursday that Brazil "will not give in" in talks over the free-trade agreement between Mercosur and the European Union.

EU-MERCOSUR TRADE DEAL

Fernández expects Mercosur, EU to close trade deal soon

29-01-2023 10:31 The Mercosur trade group and the European Union will reach a trade agreement soon, declares president during German chancellor's visit to Buenos Aires.

BLOOMBERG

Ghost banks limp along in Argentina, staying open as costly ATMs

10-01-2023 17:44 Ghost branches — no longer serving clients who require anything beyond an ATM, but not technically closed — have become a common sight in Argentina. As customers increasingly do their banking via smartphone apps and online, providers are pushing to close physical locations. But regulators won’t let them.

Mercosur tensions

South American trade partners pile pressure on rebel Uruguay

05-12-2022 20:37 Three nations warn Uruguay’s move to chase trade deals without the agreement of its Mercosur partners risks undermining or rupturing customs union.

MERCOSUR TENSIONS

Mercosur’s future in balance as summit begins

05-12-2022 17:48 Argentina, Brazil and Paraguay reiterated their criticism of Uruguay on Monday over their partner’s willingness to negotiate agreements with countries outside the Mercosur bloc.

HEALTHCARE

AmCham Health Forum showcases opportunities for public-private collaboration

26-10-2022 14:59 American Chamber of Commerce hosts event bringing together top government officials with private industry leaders to discuss areas of growth and development for Argentina’s healthcare system.

by Sam Forster

AMCHAM SUMMIT 2022

Guzmán tells AmCham that Argentina needs ‘common sense,’ not ‘fairy tales’

11-05-2022 01:19 Argentina’s economy minister addresses coalition tensions and inflation at AmCham summit; Opposition leaders Horacio Rodríguez Larreta and Patricia Bullrich pitch their visions to business leaders.

BLOOMBERG

MercadoLibre posts record revenue, braces for macro jitters

06-05-2022 09:08 Latin American e-commerce retailer grew its revenue more than forecast in the first quarter; Company plans to invest some US$10 billion across the region this year.

BLOOMBERG

Argentina’s Ualá purchases e-commerce platform Empretienda

03-05-2022 14:14 Argentine fintech firm Ualá has bought the Empretienda e-commerce platform, its chief executive confirmed.

90-day freeze

AmCham warns government that price controls are 'time bomb'

26-10-2021 14:08 US companies warn in an emailed statement issued via American Chamber of Commerce in Argentina that “price freezes do not solve the problem" of runaway inflation, rather "they transform it into a time bomb that will explode sooner or later.”

ECONOMY

The secrets of ITBA, the cradle of Argentina’s unicorns

27-08-2021 21:17 Luis Paolini directs Business Management at the Instituto Tecnológico de Buenos Aires (ITBA), teaching a select group of around 30 students with a priority on critical mentality.

by Lorena Rodríguez