Beef exports totaled 96,000 tons during October, which marked a new historical record by exceeding September records, Rosgan Mercado Ganadero S.A. reported today. Shipments to China accounted for more than 80% of total shipments.
According to official records last October, in the country there are 48 user-generators (between residential and companies) with an installed capacity of 430 kilowatts (kW) and by the end of November it is expected that another 33 users, who have already completed the installation, will be added with an additional 400 kW.
The International Monetary Fund has named as head of its mission in Argentina, Luis Cubeddu, 53, replacing Italian born Roberto Cardarelli. The Venezuela born economist is known in Argentina since he was in Buenos Aires between 2002/04, during a similar financial pre-default situation, as a member of the IMF representation.
Argentina will finish 2019 at 55% annual inflation, 2% above the forecast in September budget, the country’s treasury minister said, capping off a tumultuous year for Latin America’s No. 3 economy.
Argentina’s mobile payments startup Ualá was valued at nearly $1 billion in the latest financing round that was led by Chinese internet giant Tencent, according to people with direct knowledge of the transaction.