Globalstar has announced the deployment of a new ground station with second-generation technology in Córdoba, Argentina. The new infrastructure enables voice calls, two-way data communication and internet connection, extending Globalstar’s service throughout South America. The new station will allow uninterrupted coverage in the territories of Argentina, Brazil, Chile, Paraguay, and Uruguay.
Argentina is jockeying to get more of its malt barley into Chinese beer, now that Asia’s mega-economy is locked in a trade fight with its top barley supplier Australia. Argentina is expected to export 120,000 tonnes of barley to China this year and for the next season, if the Chinese maintain import taxes on Australian barley, it could double to 240,000 tonnes, maybe more if barley farms in France and Canada have bad crop weather, said industry sources.
The construction and commissioning of renewable energy projects in Argentina are expected to get delayed on the back of the coronavirus crisis and tightening of the economy during the last two years. The reason behind the delay in the commencement of construction projects was due to the tightening of the economy which had restricted project awardees of the RenovAr auction program to access low-cost financing.
Argentina is planning to resume commercial flights as soon as mid-August as infection rates drop in some major cities around the world, according to a person with direct knowledge of the matter. Some European countries are considered among destinations for the first flights because key cities have eased their lockdowns with the number of reported cases dropping.
President Alberto Fernández said that Argentina will improve its debt restructuring offer to creditors, though he warned negotiators would not jeopardise the country's future in striking a deal. Talks are currently ongoing with bondholders to restructure more than $66 billion of debt issued under foreign law.