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10 31 08
Vibrant Buenos Aires can be easy on the wallet >>
BUENOS AIRES, Argentina (CNN) -- Vegetarians, beware. It's Wednesday night at the Garden House Hostel in Buenos Aires, Argentina, and the unmistakable scent of juicy slabs of meat on the grill is wafting through the halls, luring guests to its source.
10 14 08
Experience Buenos Aires like a local >>
BUENOS AIRES, Argentina - Argentina's capital Buenos Aires is a cosmopolitan city best experienced through its monumental passions rather than its monuments. Argentines adore steak and red wine dinners that stretch on for hours, the sultry nostalgia of tango dance halls, a nail-biting match between rival soccer titans and spirited conversations that keep the vibrant cafe culture humming - and their fervor is contagious.
10 07 08
Argentina well-placed to weather crisis >>
Argentina's central bank and banking system are in good shape to provide financial and exchange rate stability despite a global crisis, Central Bank President Martin Redrado said on Tuesday. The country's banking system has very high levels of liquidity and can act as a cushion against the global crisis, instead of spreading it, Redrado said at a business seminar organized by the U.S. Chamber of Commerce in Buenos Aires.
09 30 08
The US financial crisis would benefit Argentinian wines >>
The crisis would pose an opportunity for Argentinian wines to grow in the Northern market. Some analysts see an optimistic scenario, but there is concern regarding a setback in overall consumption. The fall of the Wall Street financial system, which is making world markets totter, is also affecting the wine industry at the global and local levels. In this scenario, some analysts claim that Malbec would begin to replace some of the European varieties, while others argue that a market recession could provoke a drop in overall wine consumption.
09 23 08
Nadal Faces Stiff Argentina Test in Davis Cup Final >>
It has been Rafael Nadal's finest season: an extended run on the Paris clay, the English grass and a steamy Beijing hardcourt. Now, one more major challenge awaits: a Davis Cup final in Argentina with the opposition and its public in a manic, hyper-motivated mood. "The big problem is that we're going to be away from home against a team with a great group of players," Nadal said. "It's going to be difficult."
09 22 08
Buenos Aires Reborn >>
Despite a financial crisis that pushed half the middle class beneath the poverty line, over the last six years Argentina has rebounded to become one of the world's most glamorous and seductive travel destinations. The once-expensive South American capital, with its Parisian-style boulevards, rich literary and cultural traditions and taste for luxury, has stepped up from welcoming the bohemian backpacker to offering a deluxe experience fit for the fussiest VIP. Meanwhile, the porteños-the name the city's natives go by, meaning "those who live near the port"-are delighting in the influx of foreigners to a city that has always been South America's most outward-looking and cosmopolitan.
09 15 08
Argentina sees 4% growth in 2009 >>
Argentina expects its economy, which has been growing at rates of over 8 per cent for the last five years, to expand by 4 per cent in 2009, but Sergio Massa, the cabinet chief, said that that level was "more than reassuring in the international context we're facing". International financial turmoil in the wake of the collapse of Lehman Brothers and the global credit crunch have recently sent Argentina's country risk soaring and revived fears that a fresh default could be brewing, echoing the country's giant 2001-02 debt and default crash.
09 05 08
Buying Into the Vineyard Lifestyle >>
The housing market has soured, mortgages are drying up and the economy is weak. Second-home sales are at their lowest level in five years, according to the National Association of Realtors, and some builders are scrambling to fight off bankruptcy. But developers are finding that homes built around wineries or vineyards are still selling among wealthier buyers.
09 03 08
Where your dollar hasn’t been hammered yet >>
From Germany to Australia and Brazil to Canada, the once-mighty greenback has been in a downward spiral for years. Fortunately, there are still safe havens out there - countries where our currency and the host country's currency move in lockstep. In two cases, our dollars are the actual currency, so you don't even have to visit an exchange booth. Here are five destinations where your costs should be stable no matter when you arrive.
08 31 08
Air of Sophistication >>
Buenos Aires offers a European lifestyle at an affordable price. With its manicured landscaping, sidewalk cafes, expansive boulevards, and cobblestone streets lined with elegant mansions, Buenos Aires blends European sophistication with Latin energy like no other city in South America. Sprinkled with monuments and restaurants, the sprawling Argentine capital is home to the plush Teatro Colon concert hall, a vibrant art scene, and a zealous cafe culture populated by an international crowd. It is no wonder that visitors are reminded of Paris, Milan, and Madrid.