Tag Archives | argentine peso

Buenos Aires News: Edition 2

More interesting news from Buenos Aires this week:

Argentine court intervenes in Aerolineas Argentinas [Reuters]
An Argentine court agreed to oversee the day-to-day running of the country’s main airline on Friday amid signs the government is moving to expropriate the carrier from its Spanish owners.

Airline Grab Gains Ground in Argentina [The Wall Street Journal]
An Argentine congressional committee recommended that the government nationalize flagship airline Aerolíneas Argentinas, in a move likely to heighten investor concerns about the country.

Barack Obama Calls Cristina Fernández [The Argentine Post]
President-elect Barack Obama called Argentina’s president, Cristina Fernandez on Tuesday, November 18th and had a 10 minute conversation with her.  She had previously announced her preference that he win the presidency and sent a congratulatory note to him when he won.

Where is the Argentine Peso Headed [The Argentine Post]
A good summary of the peso’s decline, why it’s not declining faster, and what we might expect in the future.

Argentines react to pension nationalization [Washington Post]
Argentine officials on Friday praised the nationalization of $23 billion in private pensions as good news for workers, while opposition leaders called it more of a looting than a reform.

Buenos Aires to Get Tour Buses [Hostel Colonia]
One familiar site in NYC and many other major cities of the world are the double-decker Hop-On, Hop-Off tour buses that you see taking tourists around the city. They can be a convenient way to quickly see a lot of a city when you don’t have much time to spend there. (I’ve been on them in Barcelona, Dublin, and a few other cities.)  With the huge explosion of tourism in Argentina, it was surprising that there was no tour buses here.  Well, as of January, that will no longer be the case as 8 new buses are coming to take tourists from La Boca to Palermo.

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