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About Buenos Aires

  • Buenos Aires had an extensive street railway (tram) system with over 857 km (533 mi) of track, which was dismantled during the 1960s in favor of bus transportation and is now in the process of a slow comeback. The PreMetro or Line E2 is a 7.4 km (4.6 mi) light rail line that connects with Metro Line E at Plaza de los Virreyes station and runs to General Savio and Centro Cívico. It is operated by Metrovías. The official inauguration took place on 27 August 1987. The cost of building and fitting out the line was USD 5.4 million. An additional USD 4.6 million was allocated to the acquisition of a fleet of 25 light rail vehicles.
  • A new 2 km (1.2 mi) tramway (LRT), Tranvía del Este, runs across the Puerto Madero district. Extensions planned would link the Retiro and La Boca terminal train stations. Other routes are being studied. A Heritage streetcar maintained by tram fans operates on weekends, near the Primera Junta line A metro station in the Caballito neighbourhood.
  • Spring is very windy and variable: there may be heat waves with temperatures of 35 °C (95 °F) even in early October, as well as periods of much colder weather with highs close to 10 °C (50 °F). Frost has been recorded as late as early November, although this is unusual. Severe thunderstorms are likely between September and December.
  • The city receives 1,242.6 mm (49 in) of rainfall per year. Rain can be expected at any time of year and hailstorms are not unusual.
  • Buenos Aires architecture is characterized by its eclectic nature, with elements resembling Barcelona, Paris and Madrid. There is a mix, due to immigration, of Art Deco, Art Nouveau, Neo-Gothic and French Bourbon styles. Italian and French influences increased after the declaration of independence at the beginning of the 19th century, though the academic style persisted until the first decades of the 20th century.
  • Attempts at renovation took place during the second half of the 19th century and the beginning of the 20th, when European influences penetrated into the country, reflected by several buildings of Buenos Aires such as the Iglesia Santa Felicitas by Ernesto Bunge; the Palace of Justice, the National Congress, and the Teatro Colón, all of them by Vittorio Meano.
  • The simplicity of the Rioplatense baroque style can be clearly seen in Buenos Aires through the works of Italian architects such as André Blanqui and Antonio Masella, in the churches of San Ignacio, Nuestra Señora del Pilar, the Cathedral and the Cabildo.
  • In 1912 the Basilica del Santisimo Sacramento was opened to the public. Totally built by the generous donation of Mrs. Mercedes Castellanos de Anchonera, Argentina's most prominent family, the church is an excellent example of French neo-classicism. With extremely high-grade decorations in its interior, the magnificent Mutin-Cavaillé coll organ (the biggest ever installed in an Argentine church with more than four-thousand tubes and four manuals) presided the nave. The altar is full of marble, and was the biggest ever built in South America at that time.
  • In 1919 started the construction of Palacio Barolo, South America's tallest building at that time. It was equipped with 9 elevators, a 20-metres high lobby hall with paintings in the ceiling and Latin phrases embossed in golden bronze letters. A 300,000-candle beacon was installed at the top (110 metres), making this building visible even from Uruguay. In 2009 the Barolo Palace gone under an exhausive restoration, and even the beacon was put operational again. It was the first Argentine skyscraper built with concrete (1919–1923).
  • In 1936 the Kavanagh building was inaugurated, with 120 metres height, 12 elevators (provided by Otis) and the world's first central air-conditioning system (provided by north-American company "Carrier"), is still an architectural landmark in Buenos Aires.
  • The architecture of the second half of the 20th century continued to reproduce French neoclassic models, such as the headquarters of the Banco de la Nación Argentina built by Alejandro Bustillo, and the Museo Hispanoamericano de Buenos Aires of Martín Noel. However, since the 1930s the influence of Le Corbusier and European rationalism consolidated in a group of young architects from the University of Tucumán, among whom Amancio Williams stands out. The construction of skyscrapers proliferated in Buenos Aires until the 1950s. Newer modern high-technology buildings by Argentine architects in the last years of the 20th century and the beginning of the 21st include the Le Parc Tower by Mario Álvarez, the Torre Fortabat by Sánchez Elía and the Repsol-YPF tower by César Pelli.
  • The majority of porteños have European origins, with Italian and Spanish descent being the most common, from the Calabrian, Ligurian, Piedmont, Lombardy and Neapolitan regions of Italy and from the Galician, Asturian, and Basque regions of Spain.
  • Other European origins include German, Swedish, Dutch, Greek, Irish, Norwegian, Portuguese, French, Russian, Croatian, English and Welsh. In the 1990s there was a small wave of immigration from Romania and Ukraine. There is a minority of old criollo stock, dating back to the Spanish colonial days. The Criollo and Spanish-aboriginal (mestizo) population in the city has increased mostly as a result of immigration, from countries such as Bolivia, Peru and Paraguay, since the second half of the 20th century.
  • Important Syrian-Lebanese and Armenian communities have had a significant presence in commerce and civic life since the beginning of the 20th century.
  • The Jewish community in Greater Buenos Aires numbers around 250,000, and is the largest in Latin America. Most are of Northern and Eastern European Ashkenazi origin, primarily Russian, German and Polish Jews, with a significant Sephardic minority, mostly made up of Syrian Jews.
  • The first major East Asian community in Buenos Aires was the Japanese, mainly from Okinawa. Traditionally, Japanese-Argentines were noted as flower growers; in the city proper, there was a Japanese near-monopoly in dry cleaning. Later generations have branched out into all fields of economic activity. Starting in the 1970s there has been an important influx of immigration from China and Korea.
  • Buenos Aires is the political, financial, industrial, commercial, and cultural hub of Argentina. Its port is one of the busiest in South America; navigable rivers by way of the Rio de la Plata connect the port to north-east Argentina, Brazil, Uruguay and Paraguay. As a result it serves as the distribution hub for a vast area of the south-eastern region of the continent. Tax collection related to the port has caused many political problems in the past.
  • The economy in the city proper alone, measured by Gross Geographic Product (adjusted for purchasing power), totalled US$ 84.7 billion (US$ 28,200 per capita) in 2006 and amounts to nearly a quarter of Argentina's as a whole. Metro Buenos Aires, according to one well-quoted study, constitutes the 13th largest economy among the world's cities. The Buenos Aires Human Development Index (0.923 in 1998) is likewise high by international standards.
  • The city's services sector is diversified and well-developed by international standards, and accounts for 76% of its economy (compared to 59% for all of Argentina's). Advertising, in particular, plays a prominent role in the export of services at home and abroad. The financial, business and real-estate services sector is the largest, however, and contributes to 31% of the city's economy. Finance (about a third of this) in Buenos Aires is especially important to Argentina's banking system, accounting for nearly half the nation's bank deposits and lending. Nearly 300 hotels and another 300 hostels and bed & breakfasts are licensed for Tourism in Buenos Aires, and nearly half the rooms available were in four-star establishments or higher.
  • Manufacturing is, nevertheless, still prominent in the city's economy (16%) and, concentrated mainly in the southside, it benefits as much from high local purchasing power and a large local supply of skilled labor as it does from its relationship to massive agriculture and industry just outside the city limits themselves. Construction activity in Buenos Aires has historically been among the most dramatic indicators of national economic fortunes (see table at right), and since 2006 around 3 million m² (32 million ft²) of construction has been authorized annually. The Port of Buenos Aires handles over 11 million revenue tons annually, and Dock Sud, just south of the city proper, handles another 17 million metric tons.
  • To the west of Buenos Aires is the Pampa Húmeda, the most productive agricultural region of Argentina produces wheat, soybeans and corn (as opposed to the dry southern Pampa, mostly used for cattle farming and more recently production of premium Buenos Aires wines). Meat, dairy, grain, tobacco, wool and leather products are processed or manufactured in the Buenos Aires metro area. Other leading industries are automobile manufacturing, oil refining, metalworking, machine building and the production of textiles, chemicals, clothing and beverages.
  • The city's budget, per Mayor Macri's 2011 proposal, will include US$5.9 billion in revenues and US$6.3 billion in expenditures. The city relies on local income and capital gains taxes for 61% of its revenues, while federal revenue sharing will contribute 11%, property taxes, 9%, and vehicle taxes, 6%. Other revenues include user fees, fines and gambling duties. The city devotes 26% of its budget to education, 22% for health, 17% for public services and infrastructure, 16% for social welfare and culture, 12% in administrative costs and 4% for law enforcement. Buenos Aires maintains low debt levels and its service requires less than 3% of the budget.
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