The Inter-American Development Bank (IDB) board approved two loans for Argentina for US$1.4 billion meant to finance the construction of a new bridge that will connect neighboring provinces Chaco and Corrientes. The press release also said that 88,000 people will use the bridge daily, adding that 9.5 million people will benefit indirectly. “[The Belgrano bridge] is severely limited by vehicle capacity, weight restrictions, and traffic,” the IDB press release said. The US$1.4 billion credit will be divided into two payments. The second part will be a US$700 million Credit Line for Investment Projects (CCLIP).

From 10 a.m., hundreds of thousands are taking to the streets as part of the 32nd annual Pride March. While the day’s largest march will be held in Buenos Aires, dozens of cities and municipalities will be celebrating as well. For Argentina’s LGBTQIA+ community, the personal is the political. Argentina’s inaugural pride march took place in 1992, near the height of the HIV epidemic, and was the first of its kind in Latin America. The event was subsequently moved to November 4 to honor Argentina’s first LGBT+ organization, Nuestro Mundo, which was established in November 1967.

Following that, three amparo writs were filed, requesting the suspension of exploratory activities and the revocation of permits. 2 in Mar del Plata granted the requested preliminary measures and ordered the immediate cessation of the project. Four months later, in June of last year, the Federal Court of Appeals in Mar del Plata annulled the preliminary measure and replaced it with another. It also required the Ministry of Environment and Sustainable Development to be involved in overseeing and enforcing the environmental impact declaration and the environmental management plan. Lamacchia stated that the country could have up to a 50% local component in Mar del Plata offshore, though he emphasized that reaching that level is not easy.

AdvertisementSTOCKHOLM, Nov. 3, 2023 /PRNewswire/ — Sandvik has completed the previously announced acquisition of esco GmbH engineering solutions consulting, a German-based supplier of software for power skiving, an important technology within gear machining. The company will be reported in Sandvik Coromant, a division within Sandvik Manufacturing and Machining Solutions. Esco, founded in 1993, has around 17 employees and is headquartered in Aachen, Germany. Stockholm, November 3, 2023Sandvik ABFor further information, contact Louise Tjeder, VP Investor relations, phone: +46 (0) 70782 6374 or Johannes Hellström, Press and Media Relations Manager, phone: +46 (0) 70721 1008. The following files are available for download:https://mb.cision.com/Main/208/3868504/2405553.pdf Sandvik completes the acquisition of software supplier esco GmbHView original content:https://www.prnewswire.com/news-releases/sandvik-completes-the-acquisition-of-software-supplier-esco-gmbh-301976919.htmlSOURCE SandvikDisclaimer: The above press release comes to you under an arrangement with PR Newswire.

Economy minister and Union por la Patria (UxP) presidential candidate Sergio Massa pledged “more and better state funding” for Argentine cinema on Thursday at the Mar del Plata International Film Festival inauguration. The institute is one of many government areas related to cultural funding Milei has pledged to shut down. “Cinema without government funding is something that doesn’t exist anywhere in the world,” said Lima. He suggested streaming platforms should contribute funding to local productions, echoing a demand made by film collective Cine Argentino Unido. The group, formed by film industry professionals, staged a group photo with Massa at the Provincial Hotel.

The National Electoral Chamber (CNE, by its Spanish initials) published the official final vote count of the presidential elections on Thursday, confirming that 77% of the country’s eligible voters participated in the general election. The DiNE carries out the provisional count on the day of the elections. Runner-up La Libertad Avanza (LLA)’s hopeful Javier Milei obtained 29.99% (0.01% more than in the provisional count) and Juntos por el Cambio (JxC)’s candidate got 23.81% (0.02% less than in the provisional count). The final tally, made by the National Electoral Justice, is the only legally binding one. Both the National Electoral Chamber and the National Electoral Director said that those allegations were unfounded.

SRL will be a joint venture entity co-owned by Sibelco (60%) and Avalon (40%). Closing of the sale remains subject to a number of conditions, including but not limited to, the execution of a definitive Joint Venture Company Shareholders Agreement (the “JV Agreement”) between Avalon, Sibelco and SRL. As agreed between Avalon and Sibelco, Avalon used the amount raised from the additional subscription to fund expenditures on the joint venture properties. Closing of the transaction, signing the JV Agreement and the establishment of SRL as the joint venture company is expected to occur on or about November 9, 2023. Forward-Looking InformationThis news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation.

Argentine swifties have been heard. Taylor Swift was declared a guest of honor in Buenos Aires City by the local Legislature during a session held on Thursday. Cortina’s bill called for Swift to be declared a guest of honor because of her positive influence on her Argentine audience, as well as the beneficial economic contribution of her performances to the city. Her three shows, which were completely sold out with 220,000 tickets sold, “will have an impact on jobs and tourism all over Buenos Aires City,” Cortina said. The Buenos Aires City Legislature or mayor can declare someone a guest of honor as a way of recognizing them as an international guest who has made outstanding contributions to culture, science, politics or sports.

Exploration reviews are underway to prioritise the plethora of advanced and grassroots targets along the newly consolidated Plutonic Gold Belt. Catalyst plans to leverage this internal knowledge and is planning an ionic sampling program across the Plutonic Gold Belt. FINANCECash and EquivalentsAt the end of the September 2023 quarter, the Company held cash reserves of $22.8 million. The Arrangement, which was announced on February 23, 2023, was approved by the Shareholders at Superior’s special meeting of shareholders held on June 26, 2023 and by the Ontario Superior Court of Justice (Commercial List) on June 28, 2023. It owns the 40km long Plutonic Gold Belt in Western Australia hosting the Plutonic gold mine and neighbouring underexplored, high-grade resources.

Through multiple interviews with stakeholders in outdoor air quality monitoring, IDTechEx has learned that infrastructure and calibration requirements create a barrier to continued adoption in the smart city market. In most instances, local authority approaches to air quality monitoring are driven by legal requirements, which currently only require periodic measurements easily taken using the existing installed equipment. As such, air quality sensor data is increasingly included in the metrics collected by battery-powered fleets of delivery vans, e-scooters, buses, and trains. Gas sensor technology continues to shrinkThe third and final driver towards mobile air quality monitoring is the continuous shrinking of gas sensor technology. OutlookTo summarize, mobile air quality monitoring solutions reduce the infrastructure demands of fixed solutions while also creating more scope for business model innovation.

Oil companies confirmed to the Herald that there would be a rise in gas prices following the end of a price freeze agreement, which had been enacted following the August 13 primaries and was in place until October 31. Different parts of the country experienced fuel shortages at the end of last week, which oil companies said was due to overdemand. On Saturday, companies had promised to normalize fuel supply, but the situation was still ongoing Tuesday. Massa announced the halt on the fuel tax raise via a pre-recorded message published Wednesday morning, in which he also took aim at oil companies. He also accused them of “benefitting from a “differential export exchange rate” and “tax cuts for imports destined to production.”“It is my understanding that, following oil companies’ guarantee to supply enough fuel, the critical situation is over,” Massa said.

Over 7,000 young Argentines who dream of studying in Europe took a step towards their goal by visiting the Study in Europe fair at the Buenos Aires Sheraton on Monday afternoon. Financed by Erasmus+, the international mobility scheme allows students studying at Argentine universities to spend time studying at European universities that have institutional agreements with their home universities. In Erasmus Mundus’s joint master’s programs, students spread their studies between at least three universities in different member states. In fact, 75% of Erasmus Mundus scholarships have to be assigned to students from countries outside the EU, she added. “We’re interested in receiving international students because science itself is international.”

Argentine oil and gas trade unionists in the Neuquén basin have vowed to go on strike on Wednesday from 6 a.m. in support of Economy Minister Sergio Massa’s ultimatum to ban oil exports if the industry fails to redress supply shortages by Tuesday night. Massa, who is also the ruling coalition’s presidential candidate, said on Sunday that oil companies would be forbidden from exporting oil from Wednesday onwards unless the fuel shortages that have hamstrung motorists across the country are resolved by Tuesday night. “We unconditionally back the export ban announced by Massa for midnight on Tuesday,” the Private Oil Workers’ Union wrote in a statement posted to social media late Sunday. “It makes no sense that [the industry] is constantly talking about record production and at the same time there’s no gas,” they wrote. On Friday, Energy Secretary Flavia Royón reached an agreement with energy companies for Argentina to import 10 tanker ships of fuel to ease shortages.

Some private studies indicate that sector exports could grow by over US$13 billion next year. A better climate will allow for a higher volume of exports of the main grains and their by-products. A report from Fundación Capital estimated that agricultural exports will total over US$32 billion next year. About US$13,2 billion of the US$19,3 billion lost in 2023 due to the severe drought would be recovered if the climate risk diminishes,” the study estimated, predicting agricultural exports will amount to around US$32,6 billion in 2024. If these estimated figures become real, however, foreign exchange generated by agricultural exports in 2024 will be below what was achieved in 2022 and 2021 (US$35,4 and US$33,6 billion, respectively).

AdvertisementVANCOUVER, BC, Oct. 30, 2023 /CNW/ –TSX VENTURE COMPANIESLI-FT POWER LTD. (“LIFT“)BULLETIN TYPE: New Listing-SharesBULLETIN DATE: October 30, 2023TSX Venture Tier 2 CompanyEffective at the opening on Wednesday November 1, 2023, the common shares of the Company will commence trading on TSX Venture Exchange. The Company has completed its public offering of securities prior to the opening of market on Monday, October 30, 2023. ______________________________________TERRA FIRMA CAPITAL CORPORATION (“TII”)BULLETIN TYPE: Plan of Arrangement, DelistBULLETIN DATE: October 30, 2023TSX Venture Tier 2 CompanyEffective at the close of business on Tuesday, October 31, 2023, the common shares of Terra Firma Capital Corporation (“Terra”) will be delisted from TSX Venture Exchange. ________________________________________SUCRO LIMITED (“SUG“)BULLETIN TYPE: Resume TradingBULLETIN DATE: October 30, 2023TSX Venture Tier 2 CompanyEffective at 8:00 a.m. PST, Oct. 30, 2023, shares of the Company resumed trading, an announcement having been made. ________________________________________SOURCE TSX Venture ExchangeDisclaimer: The above press release comes to you under an arrangement with PR Newswire.