News of sector

220,000 registered jobs lost in 2020, concludes study

15-03-2021 15:52 A study by the Ecolatina consultancy firm has found that approximately 220,000 officially registered jobs were lost in Argentina last year as a result of the coronavirus pandemic and ongoing economic crisis.

Global Pandemic

Ticket to ride: Vaccine passports divide world

25-02-2021 15:27 Vaccine passports: the new normal or drivers of inequality? While some countries and private sector entities believe they could be a ticket to return to pre-pandemic activities, others claim they could be divisive and discriminatory.

Global pandemic

Waiving IP rights will not boost vaccine production, says pharma group

23-02-2021 15:00 Exempting Covid-19 vaccines from intellectual property rights will not speed up production or distribution of the jabs, a pharmaceutical industry association argued Tuesday.

Global Pandemic

Venezuela to begin Covid immunisation programme with Sputnik V

18-02-2021 12:44 President Nicolás Maduro announces healthcare workers, legislators, members of the Armed Forces and authorities will start to receive Covid-19 vaccines, with mass immunisation campaign is planned for April.

AGRICULTURE

Fernández threatens to raise taxes on farm exports

08-02-2021 11:24 If the farm industry continues to sell food at home for the same prices at which it exports, the government will take matters into its own hands, warns Peronist leader.

ANALYSING BUDGET

Budget 2020: 60% used to pay pensions, social plans or subsidies

16-01-2021 08:26 Six out of every 10 pesos in last year’s Budget went to paying for pensions, social plans or business subsidies. Both government and private calculations estimate last year’s primary deficit to be around 6.5% of GDP.

by Gabriel Ziblat

STRUCTURAL FLAWS

Poverty: we must go further to alleviate the effects of the pandemic

12-12-2020 09:00 The full inclusion of the most impoverished sectors of society demands a new generation of political and market activities for a fairer distribution of the capacity for social development.

by Agustín Salvia

Wine industry

More sales, less profits: Glass half-full for Argentine wine producers

19-10-2020 08:00 In the first nine months of 2020, local wine producers boosted exports by 40.57% compared to last year, with domestic consumption also on the rise. But the glass remains half-empty – lower prices, the rise of cheaper labels and economic crisis have all hurt profitability.

Bloomberg

Argentina expands tech companies’ incentives amid recovery push

10-10-2020 20:35 Government expands benefits to its burgeoning tech sector in an effort to boost much-needed foreign investment and exports.

FINANCIAL TURBULENCE

Argentines are starting to withdraw dollar savings from banks

26-09-2020 09:54 Data suggests savers are now choosing to hold the physical dollars versus keeping them at the bank, on concerns that more severe restrictions could be on the way.

BLOOMBERG

Jobs are being wiped out at airlines – and there’s worse to come

24-07-2020 15:34 About 400,000 airline workers have been fired, furloughed or told they may lose their jobs due to the coronavirus.

Coronavirus pandemic

89% of Argentines live in households that received state assistance in April

16-06-2020 16:30 Around 40 million people live in households in which at least one individual received some form of state assistance during April, says report issued by Productive Development Ministry.

Coronavirus pandemic

Automobile industry restarts production with limited shifts

27-05-2020 16:26 Sector returns to work after receiving authorisation from the government to restart production with limited shift patterns.

ECONOMIC INDICATORS

Automobile sales slump to historic low amid Covid-19 pandemic

03-05-2020 10:05 Automobile sales in Argentina slumped to a historic low in April amid the economic crisis prompted by the coronavirus pandemic.

TRANSITION 2019

Influential agricultural leader: Macri 'wasn't what we expected'

03-12-2019 08:30 Carlos Iannizzotto, president of one of Argentina's largest agricultural cooperatives, Coninagro, reflects on how the industry fared under outgoing president Mauricio Macri – and ponders what lies ahead under Alberto Fernández.

SPECIAL FEATURE

Students take over schools in Chubut amid crippling debt crisis

12-10-2019 09:56 Three months into a teachers strike over unpaid salaries and the shocking condition of public schools in the oil-rich province, students have had enough.

by Lucas Robinson