Argentina · Country watch
Passport Fees Double; Oil Prices Rise
Argentina increases passport fees by up to 100%, while global oil prices rise amid diplomatic tensions.
In this briefing RENAPER · Argentina · United States · Iran · Brent Crude · MSCI Merval · Buenos Aires Stock Exchange
Regulation
Argentina doubles passport and DNI fees
Argentina's National Registry of Persons (RENAPER) has announced a significant increase in the fees for processing passports and national identity documents (DNI), effective from November 21. According to El Economista, the cost of a regular DNI will rise to ARS 20,000, while a standard passport will cost ARS 130,000. The government has also introduced new requirements for obtaining these documents for free, impacting citizens who need to renew or apply for identification documents.
Impact Individuals and businesses requiring passports or DNIs will face higher costs from November 21.
Sources: El dia ↗, El Economista ↗
Markets
Oil prices rise amid US-Iran diplomatic standoff
Part of: Rising oil prices amid Middle East tensions →
Oil prices have risen due to stalled diplomatic talks between the United States and Iran, with Brent crude reaching $92.76 and WTI at $86.53, according to Clarin. The tensions escalated after Iran threatened European bases, demanding the unfreezing of assets and the lifting of sanctions. The lack of diplomatic progress has led to increased market volatility and concerns over future supply disruptions.
Impact Energy importers and industries reliant on oil face higher costs due to rising global oil prices.
Sources: Clarin ↗
Argentine stocks dip amid limited Wall Street activity
The MSCI Merval index of the Buenos Aires Stock Exchange fell by 0.6%, as reported by Infobae. This decline follows a market break due to the visit of Pope Leo XIV. Additionally, the country risk index remained stable at 852 points, with no trading of public bonds in the US due to Veterans Day. The limited activity in international markets has contributed to the subdued performance of Argentine stocks.
Impact Investors in Argentine equities face minor declines amid limited trading activity.
Sources: Infobae ↗
Nothing significant reported today in Disruption · Internal tension · Safety & health · Companies · Trade · Politics.
Also today in the local press
- ¿Podrán los bloques comerciales resistir el segundo choque chino? — Ambito.com
- Grupo SELSA: logística integral para ganar competitividad en el comercio exterior — Perfil.com
- RDC: más de 50 detenidos y varios heridos durante una jornada de huelga en España — Perfil.com
- Las exportaciones representan alrededor del 25% del PBI: en RDEco analizaron por qué son el principal motor del crecimiento argentino — Perfil.com
- Dólar hoy: a cuánto cotizan el oficial y el blue — Cronica
- Vinos: se profundiza la primarización de las exportaciones por la suba del granel y la caída del fraccionado — Ambito.com
- Fuerte confesión: "No vemos la hora de que se termine el cupo de importación" — El Economista
- Huelga general en España: protestas y caos en las calles en históricas manifestaciones por vivienda y salarios — Cronica
Sources in this briefing
- Clarin 1
- El dia 1
- El Economista 1
- Infobae 1
Sources: each headline links to the original article on the publisher's site.