Buenos Aires Real Estate Sales Rose 27% In January

Patrick Archer average prices, buenos aires events, real estate

The number of real estate deals in the Province of Buenos Aires rose 27% in January reversing a two-year trend of slumping sales caused by currency controls meant to protect dollar reserves in the Central Bank. The Notary College attributes the turnaround in Buenos Aires real estate sales to the partial loosening of those controls last month, and the fact that bricks …

Biodiesel Investment Surges In Argentina

Patrick Archer agribusiness, foreign investment, us companies

When Argentine farmers began making the switch from beef to soy production, the primary focus was on boosting soy exports to the developing world. And while exports are booming, so is the conversion of much of that soy into biodiesel fuel. In fact, biodiesel production surged 51% in 2010 making Argentina the world’s fourth largest producer of biodiesel. Now, Cronista …