Argentina Battles Drugs, Boosts Housing
Argentina incinerated 4.7 tons of drugs in Misiones. Prefectura Naval seized 340 kilos of marijuana, valued at 1.3 billion pesos. Meanwhile, Economy Minister Luis Caputo launched a $2 trillion mortgage program. Three prepaid health entities were also shut down.
Sources (5)
- Efectuaron la quema de más de cuatro toneladas de estupefacientes en Misiones ↗
Argentina incinerated 4.7 tons of drugs in Misiones. Gendarmería Nacional destroyed marijuana and ketamine from 13 judicial cases. The destruction was authorized by the Federal Court of Oberá.
- Misiones: Prefectura secuestró más 340 kilos de droga ↗
Prefectura Naval Argentina seized over 340 kilos of marijuana in Puerto Iguazú, Misiones. The drugs, valued at over 1.3 billion pesos, were found hidden near the Paraná River. The operation occurred on August 26, 2026.
- Luis Caputo anunció el Programa de Licitación de Plazos Fijos con Destino a Crédito Hipotecario ↗
Argentina's Economy Minister Luis Caputo launched a $2 trillion program for fixed-term deposits funding mortgages. Aimed at first-time homebuyers, it offers rates of UVA + 2.50% (1-year) and UVA + 4.50% (5-year). Mortgage rates capped at UVA + 7.50%.
- La Superintendencia dispuso la baja de tres entidades de medicina prepaga ↗
Argentina's Superintendencia de Servicios de Salud has ordered the cancellation of three prepaid medicine entities: Sancor Medicina Privada S.A., Intermed de Junín S.A., and Asociación Española de Socorros Mutuos de Villa Constitución. The decision, published August 26, 2026, follows failed attempts to meet registration requirements.
- PNA secuestró droga valuada en 1300 millones de pesos ↗
Prefectura Naval Argentina seized over 340 kilos of marijuana valued at 1.3 billion pesos in Puerto Iguazú, Misiones. The bust occurred August 26th during a border control operation.