Shutdowns and layoffs trigger alarm in Argentine industry

The investment amounted to US$52 million, characterized as the “most modern of its kind, worldwide, with cutting-edge sustainable technology,” as stated in the official announcement. In October 2022, Whirlpool inaugurated a new washing machine production facility in Pilar, Argentina. Last week, just over three years later — and two years into the presidency of libertarian … Read more

Blue Dollar News

Argentina’s Textile Sector Crumbles Under Chinese Import Pressure

For years, Argentines have expressed dissatisfaction regarding the elevated prices of clothing. Recently, however, their expressions of concern have been met with a query presenting an alternative solution. References to the online Chinese retailer have proliferated for a specific rationale. Since President Javier Milei removed restrictions on online shopping platforms, the Argentine market has seen … Read more