Sonia Avalos News Today

Factories are on the ropes between adjustment and recession in Argentina. Representatives of small and medium-sized enterprises (SMEs, or PyMES) warn drop in consumption is threatening the future of industry.

AVELLANEDA (AFP) – Argentina’s factories, like many economic sectors, are floundering as consumers hit by sky-high inflation and shrinking income buy fewer goods. Few hold out hope that things will get better any time soon. “People still have savings” for now, Gustavo Avalos, who owns an ink factory outside Buenos Aires, told AFP. But “the […]

Friday, January 19, 2024--10:51 p.m. -News Release- (From left to right) Sonia Avalos, Jacquelyn Beck, Ahsley Cowan, and Fabiana Whaley Four Georgia Northwestern Technical College (GNTC) students have been selected as the college’s finalists for the Georgia Occupational Award of Leadership

Four Georgia Northwestern Technical College (GNTC) students have been selected as the college’s finalists for the Georgia Occupational Award of Leadership…

Renting in pesos and on a long-term basis is a titanic task in the capital, where temporary and dollar-denominated supply dominates the market.

Trial of the former police officer Mario Sandoval, extradited from France in 2019 and charged with the disappearance of a young man during Argentina's dictatorship, begins in Buenos Aires.

The emblematic Plaza de Mayo in Buenos Aires was filled with demonstrators on Friday as huge crowds repudiated the attack on Vice-President Cristina Fernández de Kirchner.

A political crisis in inflation-ravaged Argentina that was sparked by the economy minister’s resignation has spooked markets and generated fears resulting in panic buying and hasty price hikes, as the informal exchange rate soars. “Every day it’s like going out to hunt a lion,” Luis Sacco told reporters in front of his electronics store in the capital, Buenos Aires. Since Monday, prices have risen dramatically at shops and businesses across the country. On Saturday last week, economy min...

Economic turmoil has provoked a wave of fear, triggering a surge in the value of the dollar on Argentina's parallel exchange markets and a sharp rise in prices.

Argentines do their accounts in dollars, traumatised by recurrent economic crises and tormented by the inflation that is eating away at their pockets and is projected to exceed 60% this year.