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On Monday, the U.S. dollar reached a valuation of 4.73 Brazilian reais, the lowest observed in the past 15 months. This event coincides with a continuous trend of devaluation of the U.S. currency in Brazil, the largest economy in Latin America. The dollar’s decrease in value of 1 percent on this day was recorded at […]
Financial analysts predict that Argentina’s inflation for August will be at least 11%. Experts expect a similar rate for September. These projections come from specialized consulting firms that were surveyed. Several factors influence the surge in prices. This included the recent primary election results favoring conservative candidate Javier Milei, currency fluctuations, and import limitations. The […]
In February, Neuquén, an Argentine province, hit a daily oil production record, officials announced, spotlighting the Vaca Muerta formation’s role. Oil output soared to 381,570 barrels per day, a 17.6% increase from the previous February and up 1.8% from January. The early year saw a 20.3% production boost. Vaca Muerta, spanning an area as large […]
