Current News
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08 06 08
Algodon Mansion, Scheduled To Open This December In Buenos Aires, Appoints Pablo Veloso As General Manager >> (Media Mentions)
Buenos Aires, Argentina - Pablo Veloso, former General Manager of the renowned Mantra resort, has been selected to run Algodon Mansion, Buenos Aires' new luxury boutique hotel scheduled to open this December in the city's stylish Recoleta district. The announcement was made by New York City-based Invest Property Group, LLC (IPG), developer of Algodon Mansion.
08 02 08
The Cheapest "Nice" Country in the World Right Now >> (Industry News)
I think it's imperative to have a crib outside your home country in today's world. I don't want to get into a detailed discussion of all the possibilities here; that would take a book. But my bottom line is that Argentina is simply the best place in the world right now, all things considered.
07 31 08
Argentina tipped as next property hot-spot >> (Industry News)
Argentina is hotly tipped by some experts to be the next big hotspot for property investment. The country is full of beautiful countryside and has a rich cultural history therefore it is no surprise that real estate within the country is starting to become popular. The figures look to stack up too - the Argentine economy is strong with growth rates of around 8 percent per annum, with millions of dollars being invested into the country from abroad.
07 21 08
Emerging markets-Argentina debt leads as dollar windfall seen >> (Industry News)
Argentina's bonds rose for a third straight day Monday as the end of a crippling farmers' protest opened the door to an anticipated multibillion dollar influx from exports of hoarded grain. Argentine President Cristina Fernandez on Friday repealed an export tax hike on soybeans, the day after her vice-president sided with the protesters and cast the deciding Senate vote to to scrap the tax increase. "With the the revoking of the tax hike in export grains, people are becoming more confident about the economic growth outlook in Argentina as grain production and exports re-normalize," said Nick Chamie, head of emerging market research at RBC in Toronto.
07 01 08
U.S. Sets New Records for Travel Abroad in 2007 >> (Industry News)
The overall U.S. outbound market grew by one percent in 2007 compared to annual 2006 figures, enabling it to post the fourth successive record for total U.S. outbound travel. U.S. travelers set records for 2007 travel spending in: Mexico, Germany, Japan, Italy, China, Hong Kong, Taiwan, Korea, Australia, Netherlands, Argentina, and South Africa.
06 30 08
In Argentina's grape-growing region, hail-control efforts raise doubts >> (Industry News)
MENDOZA, ARGENTINA - As a threatening cloud looms on the horizon, Pedro Marchevsky lingers among the dense rows of ripening vines and prays it won't bring hail. Luckily for him, Mother Nature is not the only one controlling weather anymore. Humans have intervened here also to reduce the damage caused by hail. Hail, a major threat to grapes during growing season, has long been a part of weather history in Mendoza, heart of Argentina's wine country. Despite being shaded and sheltered by the eastern slope of the Andes mountains, the province of Mendoza, which produces 70 percent of all Argentine wine, still needs stronger protection from intense storms. As the fifth-largest wine producer in the world, Argentina is willing to do almost anything to save its crops.
06 27 08
Don't cry for wines from Argentina >> (Industry News)
If you like your reds plush and plummy, chances are you'll soon be picking up a bottle of Malbec--if you haven't already done so. Like Chile over a decade ago, Argentina is on fire. And Malbec is at the core of the country's rise in wine fortunes, with many suggesting it's the new Shiraz.
06 25 08
Argentina making a comeback as investors cast net wider >> (Media Mentions)
With uncertainties in U.S. real estate markets expected to continue for some time, investors looking for opportunity should take a good look at Argentina. Even with some ongoing rough spots, the country is back from its financial crisis and is now one of the world's fastest growing economies - averaging 8% growth per year. Projections for 2008 forecast economic growth of 7.2%, down just 1.2% from last year's 8.4%.
06 19 08
Delta announces New York-Buenos Aires service and offers introductory fare >> (Industry News)
Delta Air Lines (NYSE:DAL) has confirmed its plans to launch a new nonstop service between New York's John F Kennedy International Airport and Buenos Aires, Argentina. An introductory fare of USD459 one-way, for travel between 5 January and 27 February 2009, is available for purchase between now and 1 July.
06 19 08
At Home Abroad: Crisis & Renewal >> (Industry News)
"I'M sad that you see Argentina like this," Pola Oloixarac, my new Argentine friend, said one night in November 2003 as we passed a cluster of figures picking through heaps of garbage bags on the otherwise deserted streets downtown. "It's because of the crisis, you know." She was referring to the economic crisis of 2001, the most dramatic societal upheaval in over a decade in a country prone to such upheavals. "But soon you'll see," she added. "Everything will get more and more beautiful."

