Then came the financial crisis of late 2001. The Argentine peso, which was once pegged to the United States dollar, plunged to a low of nearly 4 to 1 in the face of mounting debt and runaway inflation. (It holds steadily today at about 3 to 1.) Overnight, Buenos Aires went from being among the priciest cities to one of the world’s great bargain spots.
There was a silver lining. Even as local artists flocked overseas, producing a kind of creative brain drain from Buenos Aires, foreigners arrived in record numbers. And what they discovered was that this fast-paced city of three million offered more than just tango and cheap steaks. The Argentine capital also had balmy weather, hedonistic night life and a cosmopolitan air that thrives on novelty.
Situated at the wide mouth of the Río de la Plata, Buenos Aires sprawls across the flat landscape with the force of a concrete hurricane. It takes more than an hour to traverse opposite ends by yellow-and-black taxi. And that’s not mentioning the 48 barrios that creep inland, each with a distinct personality and crisscrossed by a web of cobblestone alleys and 12-lane mega-streets. There are business districts like Microcentro, leafy barrios like Recoleta and manufacturing sectors like La Paterna (sic).
And nearly everywhere you turn these days, the new arrivals seem to be planting their flags, whether at a so-called chorizo house in historic San Telmo or a glassy condo in Puerto Madero.
martes, marzo 18, 2008
Iuupi, salimos en el NYTimes y somos la sexta nota más emaileada!