YPF SA plans to sell its iconic office tower in the heart of Buenos Aires as Argentina’s state oil company looks to boost resources to continue drilling amid an industry slowdown, according to a person familiar with the matter. The value of the 33-story glass-clad tower, from which executives enjoy panoramic views of the Río … Read more
The government on Saturday published a decree proposing the setting of limits on the movement of people and nighttime activities, part of a move to lower Covid-19 infections in Argentina. As previously reported, the filing in the Official Gazette did not lay out a specific timeframe, leaving it up to provincial and regional leaders to … Read more
The government has reversed its decision to set a limit on corn exports to guarantee domestic supplies and pledged instead to monitor supplies more closely. The decision was confirmed by the Agriculture, Fisheries & Livestock Ministry in a statement Tuesday. Government officials will hope the move will lower tensions with the powerful agricultural sector, with … Read more
Argentina’s chaotic reversal on corn exports could hurt its standing among the world’s top grain suppliers as buyers get exposed to the unpredictability of government feuding. The South American powerhouse food provider ditched moves to intervene in shipments – first through a ban and then a daily cap – after ceding to the might of farmers and … Read more
A week of agricultural tensions for the government ended in another dramatic U-turn this week, with producers and officials agreeing to further dialogue as a result. Agricultural producers began a three-day strike on Monday in rejection of the government’s decision earlier this month to suspend maize exports until March 1. The so-called ‘paro agrario’ went … Read more