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Argentina Bonds Fall With Tighter Foreign-Exchange Controls

Photographer: Erica Canepa/Bloomberg

Argentina is expanding benefits to its burgeoning tech sector in an effort to boost much-needed foreign investment and exports, supporting a resilient industry that’s grown amid a severe, three-year recession.

Both chambers of congress recently approved a technology bill that provides tax incentives for the next decade to start-ups and industry giants that train and hire workers. It’s one of very few bills with long-term economic scope to make it through Argentina’s deeply divided congress this year.

“There’s absolute agreement among all political parties about the relevance of this sector,” Production Minister Matias Kulfas told journalists Friday, estimating the bill over 10 years would nearly double employment and increase tech service exports by an additional $4 billion. “The pandemic is speeding up digital priorities, and we have to see it as an opportunity to strengthen foreign investment.”

Tough Tech

Argentina’s tech sector has

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Publishing such information violates the Convention of the Rights of the Child, a U.N. agreement to which Argentina is a signatory, that says a child’s privacy should be respected at all stages of legal proceedings, said Hye Jung Han, a researcher and advocate in the children’s rights division at Human Rights Watch, who was the lead researcher on the report.

Argentina’s embassy in Washington did not respond immediately to a request for comment.

On a visit to Argentina in May 2019, the United Nations Special Rapporteur on the right to privacy warned the Argentine government that CONARC’s database contained 61 children. By that October Argentina’s justice ministry said there was no children’s data in CONARC. But the report contends the practice continued after the U.N. visit, with 25 additional children added to the database.

An HRW review of CONARC also saw that the public information about the children was peppered

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