Politics Economy Local 2026-02-27T02:10:55+00:00

Argentine Senator Warns Against Mining Risks

Argentine Senator Anabel Fernández Sagasti stated that the urgent need for dollars should not lead to the irreversible sale of the country's natural resources. She emphasized that the new law weakens environmental standards and provokes competition between provinces instead of cooperation.


Argentine Senator Warns Against Mining Risks

National Senator for Mendoza, Anabel Fernández Sagasti (Justicialist Party), warned today that 'the urgent need for dollars cannot lead to the giveaway of natural resources that cannot be recovered, not even with all the gold in the world.' In the closing speech on behalf of Peronism, the Kirchnerist legislator alerted that 'the decision made regarding this law is irreversible for the future of Argentines.' 'So, this is not a matter of 'yes or no' to mining,' she pointed out. For Fernández Sagasti, 'the urgent need for dollars cannot lead us to give away natural resources that we will not be able to recover, even with all the gold in the world,' according to the Argentine News Agency. We are moving from a scientific, technical, and rigid paradigm to a discretionary and political criterion,' she stressed. The Campora member asserted that the initiative 'sets provinces in a flexible dumping race to see which one brings more investments.' 'Instead of cooperating, provinces begin to compete,' warned the Mendoza legislator. 'There are many minerals outside glacial and periglacial environments that are not exploited. This is not a technical modification to the Glaciers Law. This is a law that flexibilizes environmental standards, it is a setback and a paradigm shift.'

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Argentina in Crisis: Corporate Situation Continues to Worsen
2026-02-27T02:14:40+00:00

Argentina in Crisis: Corporate Situation Continues to Worsen

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