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Gaucho Holdings Signals Strong Support for Milei's Reforms at NYSE Opening

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Gaucho Group Holdings, Inc. (NASDAQ:VINO) has announced its support for Argentine President Javier Milei's economic reforms following his participation at the New York Stock Exchange (NYSE) opening bell ceremony. The event, coinciding with the 79th UN General Assembly, highlighted Argentina's global presence and Milei's commitment to free-market principles.

President Milei emphasized his administration's dedication to avoiding fiscal deficits and establishing Argentina as a leading libertarian country. Gaucho Holdings, with its portfolio spanning fine wines, luxury real estate, and leather goods, sees potential benefits from a more stable economic environment in Argentina.

Scott Mathis, CEO of Gaucho Holdings, expressed alignment with Milei's vision for Argentina as a 'new Mecca of the West'. The company aims to contribute to Argentina's economic resurgence and enhance its market position in luxury products and services.

Gaucho Group Holdings, Inc. (NASDAQ:VINO) ha annunciato il suo sostegno alle riforme economiche del presidente argentino Javier Milei in seguito alla sua partecipazione alla cerimonia di apertura del New York Stock Exchange (NYSE). L'evento, che coincideva con il 79° Assemblea Generale delle Nazioni Unite, ha messo in evidenza la presenza globale dell'Argentina e l'impegno di Milei verso i principi del libero mercato.

Il presidente Milei ha sottolineato la dedizione della sua amministrazione ad evitare deficit fiscali e a stabilire l'Argentina come un paese libertario di riferimento. Gaucho Holdings, con il suo portafoglio che spazia dai vini pregiati agli immobili di lusso e ai beni in pelle, vede potenziali benefici in un ambiente economico più stabile in Argentina.

Scott Mathis, CEO di Gaucho Holdings, ha espresso una visione allineata con quella di Milei per l'Argentina come una 'nuova Mecca dell'Ovest'. L'azienda mira a contribuire alla ripresa economica dell'Argentina e a migliorare la propria posizione di mercato nei prodotti e servizi di lusso.

Gaucho Group Holdings, Inc. (NASDAQ:VINO) ha anunciado su apoyo a las reformas económicas del presidente argentino Javier Milei tras su participación en la ceremonia de apertura de la Bolsa de Nueva York (NYSE). El evento, que coincidió con el 79° período de sesiones de la Asamblea General de la ONU, destacó la presencia global de Argentina y el compromiso de Milei con los principios del libre mercado.

El presidente Milei enfatizó la dedicación de su administración para evitar déficits fiscales y establecer a Argentina como un país libertario líder. Gaucho Holdings, con su cartera que abarca vinos finos, bienes raíces de lujo y productos de cuero, ve beneficios potenciales en un entorno económico más estable en Argentina.

Scott Mathis, CEO de Gaucho Holdings, expresó su alineación con la visión de Milei para Argentina como una 'nueva Meca del Oeste'. La compañía aspira a contribuir al resurgimiento económico de Argentina y a mejorar su posición en el mercado de productos y servicios de lujo.

Gaucho Group Holdings, Inc. (NASDAQ:VINO)는 Javier Milei 아르헨티나 대통령의 경제 개혁을 지원한다고 발표했습니다. 이는 뉴욕 증권 거래소(NYSE) 개장식에 참여한 뒤 이루어진 발표입니다. 이 행사는 79번째 유엔 총회를 기념하며 아르헨티나의 글로벌 존재감과 자유 시장 원칙에 대한 Milei의 헌신을 강조했습니다.

Milei 대통령은 자신의 행정부가 재정 적자를 피하고 아르헨티나를 선도적인 자유지상주의 국가로 세우겠다는 데 전념하고 있음을 강조했습니다. Gaucho Holdings는 고급 와인, 고급 부동산 및 가죽 제품에 걸친 포트폴리오를 가지고 있으며, 아르헨티나의 보다 안정된 경제 환경에서 잠재적인 이점을 보고 있습니다.

Gaucho Holdings의 CEO인 Scott Mathis는 아르헨티나를 '서양의 새로운 메카'로 만들겠다는 Milei의 비전과 일치한다고 밝혔습니다. 이 회사는 아르헨티나 경제의 재부흥에 기여하고 고급 제품 및 서비스에서 시장 위치를 강화하는 것을 목표로 하고 있습니다.

Gaucho Group Holdings, Inc. (NASDAQ:VINO) a annoncé son soutien aux réformes économiques du président argentin Javier Milei après sa participation à la cérémonie d'ouverture de la Bourse de New York (NYSE). L'événement, coïncidant avec la 79e Assemblée générale des Nations Unies, a mis en avant la présence mondiale de l'Argentine et l'engagement de Milei envers les principes de libre marché.

Le président Milei a souligné le dévouement de son administration à éviter les déficits budgétaires et à établir l'Argentine comme un pays libertaire de premier plan. Gaucho Holdings, avec son portefeuille comprenant des vins fins, de l'immobilier de luxe et des articles en cuir, voit des avantages potentiels dans un environnement économique plus stable en Argentine.

Scott Mathis, CEO de Gaucho Holdings, a exprimé son accord avec la vision de Milei pour l'Argentine comme une 'nouvelle Mecque de l'Ouest'. La société vise à contribuer à la reprise économique de l'Argentine et à améliorer sa position sur le marché des produits et services de luxe.

Gaucho Group Holdings, Inc. (NASDAQ:VINO) hat seine Unterstützung für die Wirtschaftsreformen des argentinischen Präsidenten Javier Milei bekannt gegeben, nachdem er an der Eröffnungszeremonie der New Yorker Börse (NYSE) teilgenommen hatte. Die Veranstaltung, die mit der 79. Generalversammlung der Vereinten Nationen zusammenfiel, hob Argentiniens globale Präsenz und Mileis Bekenntnis zu den Prinzipien der freien Marktwirtschaft hervor.

Präsident Milei betonte das Engagement seiner Regierung, Haushaltsdefizite zu vermeiden und Argentinien als führendes libertärisches Land zu etablieren. Gaucho Holdings, dessen Portfolio feine Weine, Luxusimmobilien und Ledermode umfasst, sieht in einem stabileren wirtschaftlichen Umfeld in Argentinien potenzielle Vorteile.

Scott Mathis, CEO von Gaucho Holdings, äußerte seine Übereinstimmung mit Mileis Vision für Argentinien als eine 'neue Mekka des Westens'. Das Unternehmen strebt danach, zur wirtschaftlichen Wiederbelebung Argentiniens beizutragen und seine Marktposition im Segment luxuriöser Produkte und Dienstleistungen zu verbessern.

Positive
  • Potential benefits from a more stable economic environment in Argentina
  • Alignment with President Milei's economic reforms
  • Opportunity to capitalize on evolving economic landscape in Argentina
  • Diverse portfolio spanning fine wines, luxury real estate, and leather goods
Negative
  • None.

MIAMI, FL / ACCESSWIRE / September 24, 2024 / Gaucho Group Holdings, Inc. (NASDAQ), a company that includes a growing collection of e-commerce platforms with a concentration on fine wines, luxury real estate, and leather goods and accessories (the "Company" or "Gaucho Holdings"), today announced its support for the Argentine government's economic initiatives following President Javier Milei's participation yesterday at the New York Stock Exchange (NYSE) opening bell ceremony. This event, which coincides with the 79th Session of the United Nations General Assembly, underscores a significant moment for Argentina on the global stage.

During the ceremony, President Milei, noted for his advocacy of free-market principles, expressed his administration's commitment to implementing policies aimed at establishing Argentina as the foremost libertarian country in the free world. He emphasized his government's resolution to avoid fiscal deficits, despite inheriting conditions that might have led to a historical economic downturn. Gaucho Holdings' key personnel were invited to attend this significant ceremony through the Argentine Consulate in New York, demonstrating their support for President Milei and his address to the global community.

Gaucho Holdings, supportive of the beneficial transformations in the Argentine economy driven by President Milei's policies, remains committed to capitalizing on the evolving economic landscape. With a diverse portfolio that spans fine wines, luxury real estate, and high-quality leather goods and accessories, Gaucho Holdings is well-positioned to benefit from a more stable and prosperous economic environment. This alignment with positive economic reforms promises to bolster the Company's market standing and deliver enhanced value to its investors.

"President Milei's vision for Argentina as a 'new Mecca of the West' is ambitious and resonates with our goals at Gaucho Holdings," said Scott Mathis, CEO and Founder of Gaucho Group Holdings, Inc. "We are committed to contributing to Argentina's resurgence as a leading destination for business and investment, leveraging our diverse portfolio to enhance our consumer and investor base."

The participation of President Milei at the NYSE is part of a broader agenda this week that includes addressing the United Nations General Assembly, as well as discussions with influential global leaders and business figures, such as Elon Musk, to garner international support for Argentina's economic reform and innovation initiatives.

Gaucho Holdings remains dedicated to its mission of delivering exceptional value through its luxury products and services, benefiting from and contributing to the revitalization of Argentina's economic landscape.

About Gaucho Group Holdings, Inc.

For more than ten years, Gaucho Group Holdings, Inc.'s (gauchoholdings.com) mission has been to source and develop opportunities in Argentina's undervalued luxury real estate and consumer marketplace. Our company has positioned itself to take advantage of the continued and fast growth of global e-commerce across multiple market sectors, with the goal of becoming a leader in diversified luxury goods and experiences in sought after lifestyle industries and retail landscapes. With a concentration on fine wines (algodonfinewines.com & algodonwines.com.ar), hospitality (algodonhotels.com), and luxury real estate (algodonwineestates.com) associated with our proprietary Algodon brand, as well as the leather goods, ready-to-wear and accessories of the fashion brand Gaucho - Buenos Aires™ (gaucho.com), these are the luxury brands in which Argentina finds its contemporary expression.

Cautionary Note Regarding Forward-Looking Statements

The information discussed in this press release includes "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included herein concerning, among other things, changes to exchange rates and their impact on the Company, planned capital expenditures, future cash flows and borrowings, pursuit of potential acquisition opportunities, our financial position, business strategy and other plans and objectives for future operations, are forward looking statements. Although we believe that the expectations reflected in these forward-looking statements are reasonable, they do involve certain assumptions, risks and uncertainties and are not (and should not be considered to be) guarantees of future performance. Refer to our risk factors set forth in our reports filed on Edgar. The Company disclaims any obligation to update any forward-looking statement made here.

Media Relations:

Gaucho Group Holdings, Inc.
Rick Stear
Director of Marketing
212.739.7669
rstear@gauchoholdings.com

SOURCE: Gaucho Group Holdings, Inc.



View the original press release on accesswire.com

FAQ

What economic reforms did President Milei discuss at the NYSE opening bell ceremony?

President Milei emphasized his administration's commitment to implementing policies aimed at establishing Argentina as the foremost libertarian country in the free world and avoiding fiscal deficits.

How does Gaucho Group Holdings (NASDAQ:VINO) plan to benefit from Argentina's economic reforms?

Gaucho Holdings aims to capitalize on the evolving economic landscape in Argentina by leveraging its diverse portfolio of fine wines, luxury real estate, and leather goods to enhance its market standing and deliver value to investors.

What is Gaucho Group Holdings' (NASDAQ:VINO) stance on President Milei's economic initiatives?

Gaucho Group Holdings has announced its strong support for President Milei's economic reforms and sees potential benefits from a more stable and prosperous economic environment in Argentina.

How did Gaucho Group Holdings (NASDAQ:VINO) participate in the NYSE opening bell ceremony with President Milei?

Key personnel from Gaucho Holdings were invited to attend the NYSE opening bell ceremony through the Argentine Consulate in New York, demonstrating their support for President Milei and his address to the global community.

Gaucho Group Holdings, Inc.

NASDAQ:VINO

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