Young entrepreneurs seek profits in Argentina

Despite high inflation and bureaucracy, many new companies look to cater for luxury market.

    " />
     
    While Argentina still faces one of the highest inflation rates in the world, it has not deterred young entrepreneurs from starting businesses.  

    The growing economy, and an increase in personal wealth for some of the population, has raised the demand for luxury goods, like local wines.
     
    Entrepreneurs say that there are many challenges involved in doing business in Argentina, including bureaucracy.
     
    Most of them agree that at a time of trouble for the world's leading economies, investing at home is the safest bet.
     
    Al Jazeera's Teresa Bo reports from Mendozo.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Ohio teen Joseph Haynes killed by police in court

    US police kill 16-year-old in Ohio courthouse

    Teenage boy fatally shot as scuffles broke out between deputy sheriff and family after juvenile hearing in US state.

    Why is the West praising Malala, but ignoring Ahed?

    Why is the West praising Malala, but ignoring Ahed?

    Is an empowered Palestinian girl not worthy of Western feminist admiration?

    Turkey and Qatar: Behind the strategic alliance

    Turkey and Qatar: Behind the strategic alliance

    Qatar's investment in Turkey exceeds $20bn, the second highest by any country.