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Mejora la capacidad de pago de la Argentina
Infobae.com - July 6th 2007
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Briefing on Argentina
- June 4th 2007
Argentina’s president, Néstor Kirchner, celebrates four years in office on May 25th, amid an ongoing economic recovery and approval ratings (more than 60%) unrivalled by any Argentinian head of state at this stage of his presidency. Yet, just five months before new elections, he has still not announced whether he will run for re-election. Instead, speculation continues as t...A majority of positive balance
Clarin.com - May 23rd 2007
The balance of Aluar and Carboclor in the main panel and many species of the general panel stood out. The aluminum producer ratifies its exceptional march, which added to the high international quotation of its product renews the hope of a good dividend when finalizing the exercise. In 9 months it gained $ 469 million with capital of 1,320 million. In addition, it has 462 mi...The entrance of dollars is every greater time and it puts pressure to him to the Power station
Clarin.com - May 23rd 2007
They are of speculating exports and. Emission of letters record of the BCRA.A true avalanche of dollars is entering by these days to the country, product of the strong harvest and the great liquidity that there is in the international market. The dollars are so many that are offered that yesterday the greater amount of operations conducted in the market was regis...
Record prices and harvest of soybean render US$ 11,000 million
Clarin.com - May 23rd 2007
Retentions amount to US$ 2,500 million that go to the Treasury.The Argentine economy could pocket over 11,000 million dollars from soybean and by-products exports if high international prices keep up, according to sources of the powerful oil industry. This estimate suggests that the present harvest would exceed the 2006-2007 cycle in more than 2,000 millions. Not...
$ 100 million finance for entrepreneurs
LaNacion.com - May 23rd 2007
To be provided for projects with high potentiality.The CAP Capital Venture fund was presented by Eduardo Elsztain before 800 entrepreneurs. It will provide $100 million for initiatives with high potentiality and Elztain participates in it through Asset Management Consultants.
The funds of CompañÃa Argentina de Participaciones (CAP) are supplied joint...
20.7% mortgage interannual growth
Nosis - March 7th 2007
As from the beginning of this year granting of mortgage accumulated an interannual increase of 20.7%, which was the highest since exiting convertibility.Market sources consider that new loans for housing will amount to about $3,500 million this year.
According to the Central Bank, the evolution of the stock of credits is slower than that of the rest of...
50 thousand new small companies per year
Infobae.com - May 2nd 2007
The Government estimated that positioning of long-term loans through the Global Program of Credit will reach $100 million towards mid June.The estimate was announced by MatÃas Kulfas, national Pyme undersecretary, who presented the Program of Global Credit and the Pyme Map project to businessmen at the Industrial Union of the Province of Buenos Aires (UIPBA).
The economy grew 7.9% in February
Clarin.com - April 18th 2007
The economy keeps growing steadily. Compared to February 2006 economy grew 7.9% and increase has been uninterrupted for 51 months, according to INDEC in its Monthly Estimate of the Economic Activity (EMAE).Based on this data, the Ministry of Economy announced that “from a longer term point of view the economy grew solidly in the last 12 months”. In addition, this...
The fiscal surplus grew 5.8 although the State spent more
Clarin.com - April 25th 2007
Last month the public accounts had a positive balance of $ 1,485 million. Although more public pensions, public works and subsidies to the private sector were paid, they were compensated with greater collection.In an election year the government justified the public expenditure presenting yesterday the fiscal result of March as a real success: a positive balance ...
Adding reserves, passion of many countries
Clarin.com - April 29th 2007
Argentina’s reserves of foreign currency amount to over 38,000 million dollars. Causes of this worldwide tendency. Argentina’ increase of reserves was one of the largest.Argentina is accumulating reserves and so are most of the countries. The reason is the huge commercial deficit of the United States –around 700,000 million dollars per year, in spite of the fall...
2007: The economic model consolidates
La Nación - January 2nd 2007
End of the year. Time for a balance and time to stop and think what the New Year will bring. In what way will 2007 be different? That is where the analysis starts.Exceptional macroeconomics in 2006 suggests that 2007 will bring deterioration, but we can expect no major change since the reasons for the economic results of last year will most likely remain the same...
Stock-Exchange closed brilliant year
La Nación - January 2nd 2007
Despite the mid year worries of investors and portfolio managers, the 2006 balance is brilliant in reference to financial yields for most of the local and external instruments. The context of global growth, low interest rates, rise of prices of commodities, good domestic fiscal situation and strong global fall in risk avoidance favoured the risk assets, and the Argentine mar...They forsee a new increase in investment this year
La Nación - January 15th 2007
The outlay will represent 24% of gross domestic product this year, according to estimations of the institute; they predict a growth of around 8% in 2007.Investment will grow upto represent almost a quarter of the argentine economy this year, but this level will still be insufficient to sustain the country's growth rhythm, according to the annual report of Institu...
Emphasis in the continued increase in the argentine economy
Infobae - January 24th 2007
The CEPAL points out that the expansion will be of 8.5% in 2006, the fourth year of "intense"growth. The paper projects a 7.5% improvement for next year and pointed out the behaviour of different variables.The argentine economy will grow 8.5% in 2006, its fourth year of "intense" growth informs in Santiago the "Comision Economica para America Latina y el Caribe" ...