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The Convertibility plan was a plan by the Argentine Currency Board that pegged the Argentine peso to the U.S. dollar between 1991 and 2002 in an attempt to eliminate hyperinflation and stimulate economic growth. [1] While it initially met with considerable success, the board's actions ultimately failed.
Between 1860 and 1930, exploitation of the rich land of the pampas strongly pushed economic growth. [3] During the first three decades of the 20th century, Argentina outgrew Canada and Australia in population, total income, and per capita income. [3] By 1913, Argentina was among the world's ten wealthiest states per capita.
According to Barómetro de las Américas done by the Latin American Public Opinion Project, in Argentina, 15% of the population has been asked for a bribe by a police agent. [6] This finding is backed by the Latinobarómetro 2008, which found that 59% of Argentines believe that it is possible to bribe a policeman in order to avoid a fine or arrest.
Aerolíneas Argentinas, formally Aerolíneas Argentinas S.A., [4] is the state-owned flag carrier of Argentina, [5] and the country's largest airline. [6] The airline was created in 1949, from the merger of Aeroposta Argentina (AA), Aviación del Litoral Fluvial Argentino (ALFA), Flota Aérea Mercante Argentina (FAMA), and Zonas Oeste y Norte de Aerolíneas Argentinas (ZONDA), and started ...
Brubank was founded in 2017. Juan Bruchou, CEO of Citibank Argentina, had proposed an entirely digital bank, without branch offices. Brubank obtained license by the Central Bank of Argentina to operate in September 2018. After a first "friends and family" trial, Brubank launched its app on Apple and Android stores. [5]
All values, unless otherwise stated, are in US dollars. The economy of Argentina is the second-largest national economy in South America, behind Brazil. Argentina is a developing country with a highly literate population, an export-oriented agricultural sector, and a diversified industrial base. Argentina benefits from rich natural resources.
Banco Bilbao Vizcaya Argentaria, S.A. ( Spanish pronunciation: [ˈbaŋko βilˈβao βiθˈkaʝa aɾxenˈtaɾja] ), better known by its initialism BBVA, is a Spanish multinational financial services company based in Madrid and Bilbao, Spain. It is one of the largest financial institutions in the world, and is present mainly in Spain, Portugal ...
Moscow Mayor Sergey Sobyanin introduced the one-time signing bonus of 1.9 million rubles (about $22,000) for city residents who join the military, according to a statement on Tuesday. Anyone ...