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index-October-2008-1.html English News Blog for  Argentina English News Blog October Archive 

New Visitor and Immigration Legislation

10/21/08 23:16

In a press release, Interior Minister Florencio Randazzo announced a new immigration legislation that will be implemented on Jan. 1 next, a new fee will be collected to those who want to visit Argentina.

The new will only just apply to visitors coming from countries like U.S. U.K. and along with 22 nation which charging Argentines upon entering their countries. Justice has been served.

News: New visitor and immigration legislation announced for Argentina

Argentina's inflation to go down

Argentinians will be probably pleased to know that inflation has actually gone down a little as compared to last month. This is due to the slowing economy and decrease in sales growth rate of certain industries, such as auto parts.

But inflation is still, high projected to be around 9%. Citizens of the country, in a poll, actually said that it is around 30%.

News: Bloomberg.com: Latin America

Argentina and Brazil's Strengthened Ties: Implementation of New Payment System

Brazil and Argentina are two of the leading countries in South America. Both offers great natural resources, employment and tourism opportunities. The two countries had been striving to measure up to the US dollars, thus their government bank came to an agreement that the transactions by exporters and importers will be done in Brazilian Reais and Argentine Pesos. For a more detailed look and information about this bilateral agreement of the country, read the rest of it here.

News: Brazil, Argentina start bilateral transaction with local currencies_English_Xinhua

HSBC strengthens online security experience

One primary reason why bank account owners are still reluctant to transact online is because of security fears of unauthorized opening.

Banks are doing their best to provide the most secure services possible. For HSBC Bank Argentina, the bank already acquired the services of the NASDAQ-listed VASCO Data Security International Inc. to develop a personalized Digipass authentication solution. More details may be found here in Earth Times.

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