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Argentina Steps Up with Humanitarian Aid to Flood-Affected Areas in Brazil

Amidst diplomatic tensions, Argentina launched a major humanitarian mission to aid Brazil, grappling with severe floods. Despite recent strains between Presidents Milei and Lula, this...

March 2024: A Tough Month for Argentina’s Industry

In March 2024, Argentina's industrial sector faced a sharp decline, plummeting 21.2% from the same month the previous year. This significant drop, reported by the...

General Strike Shuts Down Argentina’s Transportation and Services

On Thursday, the General Confederation of Labor (CGT) initiated a 24-hour nationwide strike against President Javier Milei's government. The expected action will likely cause severe...

Argentina Suspends Direct Flights to Havana Amid Economic and Political Shifts

Argentina recently halted direct flights to Havana, indicating major policy shifts in aviation and foreign relations. Influenced by economic factors and strategic alignments, this decision...

Musk’s Endorsement Sparks Surge in Argentine Market

Elon Musk's recent endorsement of Argentina as a promising investment destination sparked a notable surge in the Argentine stock market. Following his public meeting with...

Argentina Unveils New 10,000-Peso Banknote to Combat Inflation

Argentina's Central Bank (BCRA) introduced the new 10,000-peso banknote and is distributing it nationwide via banks and ATMs. This note showcases Manuel Belgrano and María...

Argentina’s Stock Market Surges 54% Under Milei’s Presidency

Since economist Javier Milei of the La Libertad Avanza party assumed office on December 10, 2023, Argentina's S&P Merval stock index has experienced significant...

Argentine Industrialists Rally Behind Milei Amid Economic Turmoil

Amid economic challenges, Argentina's industrial leaders have reaffirmed support for President Javier Milei's administration. Despite a challenging economic climate marked by recession and job losses,...

Argentina’s Trade Dynamics: A Shift in 2024

In the first quarter of 2024, Argentina's trade landscape underwent significant transformations. Exports surged by 18.6%, while imports plummeted by 19.9%, as per the National...

Weather and Pests Impact Argentine Corn and Soy Forecast

The Buenos Aires Grain Exchange recently revised Argentina's 2023–24 corn production forecast downward to 46.5 million tons, down from a previous estimate of 49.5...

Argentina Lowers Interest Rates to 50%, Marking Third Cut Since April

This significant reduction is the fourth under Javier Milei's leadership, and notably, the third since April. The decision not only indicates a major pivot in...

Argentina Enhances Military Funding to Catch Up Regionally

Argentina's Ministry of Defense has effectively secured approval for the 2024 Armed Forces Investment Plan via the National Defense Fund (FONDEF). Consequently, this sets a...

Argentina’s Steady Path to Financial Stability

The Argentine government made a significant financial stride by paying approximately $1.9 billion to the International Monetary Fund (IMF). This recent payment marks a pivotal...

Argentina Targets Inflation Below 10%: A Milei Success Story

Argentina's economy is nearing a significant turnaround, with inflation rates expected to fall below 10% in April. This decrease is a testament to the government's...

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