News of cost

Subte fares to rise from next week, highway tolls could more than double

17-11-2020 17:54 Subway fares will rise from 19 to 21 pesos as from next Wednesday while a 55% for highway tolls as from the start of next year has been proposed, subject to approval in a public hearing.

Bloomberg

Oil companies wonder if it’s worth looking for oil anymore

17-08-2020 15:07 As the coronavirus ravages economies and cripples demand, European oil majors have made some uncomfortable admissions in recent months: oil and gas worth billions of dollars might never be pumped out of the ground.

Social cost of shutdown

Report: Shutdown will hurt Argentina's poorest families more than virus

26-03-2020 18:03 Report by IDESA institute argues shutdown and paralysis of economic activity in Argentina will "produce greater social costs than those of illness."

CORONAVIRUS CONSEQUENCES

Coronavirus casts another shadow over Argentina’s economy

14-03-2020 08:48 Consultancy firms predict outbreak will deepen economic turmoil in 2020, shaving as much as 0.5% off GDP

by Fermin Koop

FOSSIL FUEL

Air pollution global cost estimated at US$2.9 trillion a year

12-02-2020 12:25 Centre for Research on Energy and Clean Air (CREA) and Greenpeace Southeast Asia’s report shows that air pollution caused by fossil fuels cost US$8 billion a day, or roughly 3.3% of the entire world's economic output.

ECONOMIC CRISIS

Dying becomes a luxury as economic downturn hits home

06-01-2020 23:20 The cost of buying, renting and maintaining graves and tombs is so high that many in Argentina are opting to cremate their loved ones instead.

Bloomberg

Jair Bolsonaro’s attempt to rewire Brazil’s economy risks short circuiting

04-12-2019 11:10 The government has presented not just one but three constitutional amendment proposals to reduce public spending. Each requires the backing of at least three-fifths of the lawmakers in both houses of Congress to pass – a tall order at the best of times.

LOW-COST AIRLINES

Argentina’s new era of low-cost air travel at risk, say analysts

16-11-2019 10:54 Alberto Fernández’s election victory casts shadow over shift toward greater competition in the skies.

UPROAR AT REMARKS

Flybondi founder sparks controversy by describing Peronism as 'a cancer'

06-11-2019 18:00 Low-cost airline asks founder Julian Cook to resign from position on board, after he described Peronism as "a cancer that has destroyed Argentina little-by-little for decades."

THE COST OF CRISIS

Argentines continue to pay the price of economic meltdowns

17-08-2019 11:14 While investors, creditors and businesspeople lament the potential departure of Mauricio Macri, many voters – hit by spiralling inflation and the economic downturn – are nostalgic for the days of Cristina Fernández de Kirchner and her late husband.

by Lucas Robinson

Cost of living

YPF, Shell raise consumer petrol prices by over 2.1%

02-07-2019 15:41 Argentina's state-owned oil company YPF and competitor Shell increased their consumer petrol prices by 2.5 and 2.1 percent respectively this week.