The Encuentro Camisetero is a meeting where football jersey collectors from across Argentina meet in Buenos Aires to showcase their collections, trade and sell jerseys, and generally share knowledge about their hobby. The Herald met with Eduardo Agro and Sebastián Nieszawski from the organization team to talk about the origins and future of the Encuentro Camisetero. A football fan’s DisneylandLike many friend groups, the Encuentro Camisetero began online. Despite starting as a jersey collectors event, the Encuentro Camisetero has diversified over time — collectors of pennants, stickers, and other football-related memorabilia have showcased their treasures in some of the last events. We also feel people are engaged that way, they want to help.”The Encuentro Camisetero also looks to put behind some of the passion for football’s uglier sides.

January 10, 2024 09:26 UTC

The blue or informal US dollar exchange rate increased by 70 pesos on Tuesday to AR$1120 — the first significant surge in a month, ending an exchange rate honeymoon during which the greenback’s value stood steady. The different exchange rates, some of the most-watched indexes in the Argentine economy, had been steady after the government devalued the currency by 54% taking the official exchange rate to AR$800. With the retail official exchange rate at AR$859, the exchange rate gap — or brecha — with the blue exchange rate is 30%. Varied explanations have been put forward for the end of the so-called exchange rate honeymoon — called a “veranito” (Spanish for “little summer”) in Argentina. All in all, according to Ecolatina, a 2% monthly crawling peg seems far from enough to avoid an exchange rate lag, i.e.

January 10, 2024 00:16 UTC

The global drilling and completion fluids market was valued at $8.6 billion in 2022 and is projected to reach $12.9 billion by 2032, growing at a CAGR of 4.2% from 2023 to 2032. The International Energy Agency projected a 50% to 85% decline in oil and gas revenues in 2020, impacting the drilling and completion fluid market. The construction industry, which accounted for a significant share of drilling fluid consumption globally, experienced halted construction due to the pandemic, resulting in a decline in drilling fluid demand. The rapid increase in demand for oil has led to an increase in oil production, which increases the use of drilling and completion fluids. The report provides a detailed analysis of these key players in the global drilling and completion fluids market.

January 09, 2024 15:03 UTC

Preliminary 2023 unaudited financial results and 2024 financial guidance will also be provided. Unaudited 2023 Financial Results:Total unaudited net revenue for full-year 2023 was approximately $946 million. 2024 Financial Guidance:PTC anticipates total revenues for the full-year 2024 to be between $600 million and $850 million. Quantitative reconciliations of the non-GAAP financial measures to their respective closest equivalent GAAP financial measures are included in the table below. There are no guarantees that any product will receive or maintain regulatory approval in any territory, or prove to be commercially successful, including Translarna, Emflaza, Upstaza, Evrysdi, Tegsedi or Waylivra.

January 09, 2024 00:53 UTC

Since the country’s top labor court blocked its labor reforms on Wednesday due to protective writs against that specific chapter of the decree, a surge of writs from different sectors is trying to replicate the move. Among the parties filing new protective writs in response are the Press Workers’ Argentine Federation (Fatpren in Spanish) and the Argentine Federation of Travel and Tourism Companies (Faevyt). You may also be interested in: Milei’s decree has landed in court. The judiciary is currently in summer recess, but some courts have lifted it to analyze the protective writs presented against the DNU. You may also be interested in: How Milei’s mega-decree has sparked a fight with Argentine football clubs

January 08, 2024 12:46 UTC





ContenciosoIf you want translation troubles, you can trust any news that has anything to do with the judiciary — we’ve mentioned the dreaded intervenido before. Fingir demenciaThis was a strong contender for our words and phrases of 2023 because it was so ubiquitous last year. The literal translation is “pretend like you have dementia” — pretty tough for anyone who has seen it up close. PiscuíThis is uncomplicated but worth it: Facundo called me piscuí and I thought it was just the cutest thing. Share your thoughts and translation hang-ups with us on Facebook, Twitter or Instagram!

January 08, 2024 12:45 UTC

President Javier Milei arrived at the Argentine Marambio Base in Antarctica at noon on Saturday, intending to launch a contamination control program promoted by the International Atomic Energy Agency (IAEA). The President’s Office wrote in an X post that Milei left the city of Río Gallegos for Antarctica after 9 a.m. “President Javier Milei departs for the Marambio Joint Antarctic Base” was the message on the President’s departure. Milei went into the white continent with an IAEA team including its Argentine president, Rafael Gorssi. The trip is part of NUTEC Plastics, an IAEA initiative to address the global challenge of plastic pollution.

January 07, 2024 10:31 UTC

The government on Thursday removed the PAIS tax on imported items for use in manufacturing products destined for export. On July 24, the previous government broadened the reach of the tax so that it applied to all imported goods, including industrial inputs and raw materials. “The PAIS tax was also paid when the product is exported,” he said. However, a source from Tierra del Fuego’s government told the Télam news agency that this was not the case. The PAIS tax was the tax with the highest growth in 2023, with an increase of 335.5% compared to last year.

January 06, 2024 15:55 UTC

The Argentine government is analyzing a debt swap with banks operating in the country for the entirety of its 2024 maturities: AR$57.5 trillion (US$71 billion at the official rate). “It is a good sign for the markets because it removes all debt maturities [for 2024],” the bank source said. The source added that the economic cabinet is putting together working teams to work on a more concrete proposal. According to a report by the GMA brokerage cited by Bloomberg, the US$71 billion debt includes notes with interest payments tied to inflation, the exchange rate, and fixed-rate bonds. You may also be interested in: Argentina’s Treasury faces 2024 with US$17 billion in foreign debt

January 06, 2024 04:02 UTC

Flybondi, which became the first low-cost carrier to operate in Argentina in 2016, has already started flying the Buenos Aires-Mar del Plata route. It is the first time a low-cost airline has run the route, and the first flight was 90% full, according to a statement by the ministry. Brazilian carrier GOL will open a new international route between Buenos Aires and Bogotá, Colombia, starting in April. The ministry said the “open skies” policy aimed to achieve “greater competition in the markets, reach new low-cost routes and promote a wide offering of flights at affordable prices.”Milei’s mega-decree repealed national air travel regulations requiring at least half of national flights to be operated by Argentina’s state-owned flagship carrier. The decree also allows foreign planes with foreign crews to operate flights in the country.

January 05, 2024 19:55 UTC

Mapuche leader Facundo Jones Huala was extradited to Chile on Thursday morning to complete a nine-year prison sentence, of which he still has six months left to serve. In 2018, a criminal court in the Chilean city of Valdivia convicted Jones Huala of arson for an attack on a farm in 2013, as well as illegal possession of a weapon. Jones Huala’s lawyers insisted that their defense was hampered because the court did not allow them to present several pieces of evidence. However, their arguments were rejected and Argentina’s Supreme Court confirmed Jones Huala’s extradition in November — he held a 25-day dry hunger strike in protest. Jones Huala’s health is allegedly good and they added that he is in “high spirits” with an attitude “in line with our political approach: they haven’t subdued us.”—with information from Télam

January 05, 2024 12:42 UTC

The National Labor Appeals Chamber issued another stay blocking President Javier Milei’s labor reforms included in an economic deregulation mega-decree, which went into effect last week. The ruling also emphasizes the Chamber’s jurisdiction over labor law, following a government request for the issue to be addressed in another court. Meanwhile, the National Labor Appeals Chamber indirectly addressed the government’s demand in its second stay, emphasizing that it had jurisdiction over these injunctions because they pertain to labor matters and were filed by unions. The government will appeal the stay issued on Wednesday before the Supreme Court. Many other injunctions have been filed against Milei’s DNU since he announced it on December 20.

January 04, 2024 19:08 UTC

Argentina’s football clubs have long been run as nonprofit civil associations, giving members the right to vote for who they want to run their local team. But most professional football clubs reject the model, and including SADs would violate the statutes of some of the biggest organizations in Argentine football. The Argentine Football Association (AFA) doesn’t allow its member clubs to be private corporations; its statutes say they can only be non-profit civil associations. The issue affects all sports, although debate has focused on football clubs so far. To some in Argentine football, the decree should never have mentioned football clubs in the first place.

January 04, 2024 17:16 UTC

The Buenos Aires’ “D” subway line, which runs between the neighborhoods of Microcentro and Núñez, will close from January 8 to March 17 due to renovations to its signaling system. Subterráneos de Buenos Aires said that the Automatic Train Protection (ATP) signaling system is being replaced by the more modern Communications-Based Train Control (CBTC) which is used for the C and H lines. From Wednesday until January 7, the subway will run from 07:00 a.m. to 09:30 p.m. for preliminary works. While the line is out of service, renovations of the Facultad de Medicina station will also be finished, which can only be done when the station is closed. The D line runs from Congreso de Tucumán (on the border of the neighborhoods of Belgrano and Núñez) to Catedral (in downtown Buenos Aires right in front of Plaza de Mayo) and connects with the Metrobus Norte bus track as well as the Mitre and San Martín train lines.

January 03, 2024 23:40 UTC

Private oil companies increased gasoline prices by an average of 27% at midnight on Wednesday. State-owned YPF has not announced any price hikes so far. The Fernández administration had established a deal to freeze gasoline prices for 90 days between August 18 and October 31. After this, there were two price hikes in November, totalling 25%. In the short term, if approved, these measures would put further upward pressure on gasoline prices.

January 03, 2024 21:24 UTC