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Argentina Slashes Tariffs to Propel Auto Industry Forward
Argentina has made a significant strategic move to enhance its automotive industry's global competitiveness.
Under the leadership of Economy Minister Luis Caputo and President Javier...
Argentina’s Rising Tide of Debt
In 2023, Argentina faced a steep climb in its private external debt, soaring by $15.97 billion from the previous year to a daunting total...
Argentina’s Confidence Boosted by Second Rate Cut
In a bold move to combat skyrocketing inflation, the Argentine Central Bank has reduced its benchmark interest rate from 70% to 60%.
This decisive action...
Persistent Downturn Hits Argentina’s Industrial Sectors
In the grip of a persistent downturn, Argentina’s industrial sector reported a significant contraction of 6.8% this February.
This marked a continuing decline stretching over...
Argentina’s Economic Turnaround in Early 2024
In early 2024, Argentina heralded a new era of economic stability, achieving a fiscal surplus of 0.2 percent of its GDP.
For three consecutive months,...
Wine Tourism in Buenos Aires, Explore Argentina’s Wine Culture
Buenos Aires, Argentina's vibrant capital, surprises wine enthusiasts unable to visit renowned regions like Mendoza.
Within an hour's drive from the city, wineries have emerged,...
A Renewed Partnership: U.S. Funds Argentina’s Military Capabilities
The United States has granted Argentina a substantial boost, providing a $40 million package through the Foreign Military Financing (FMF) program.
This funding, the first...
Argentina Strengthens Ties with Israel as a Key Ally in Latin America
Argentine President Javier Milei quickly ended his European tour due to Iran's attack on Israel, returning from the U.S. to lead a crucial crisis...
Paraguay to Close Consulates in Argentina, Bolivia, and Brazil
Paraguay recently decided to close seven consulates across Argentina, Bolivia, and Brazil, marking a significant shift in its foreign relations strategy.
Paraguay's Foreign Minister, Rubén...
Argentina Advances Global Defense Ties with NATO
During this week, a pivotal moment unfolded at NATO headquarters as Argentine Defense Minister Luis Petri met with Secretary-General Mircea Geoana.
With a determined handshake,...
Argentina’s Parallel Dollar Rises for Third Consecutive Day
This Tuesday marked a significant surge in the parallel dollar’s value in Argentina, continuing its upward trajectory for the third straight day.
The rate hit...
Argentina Bolsters Air Force with F-16 Acquisition from Denmark
On April 16, 2024, Argentina enhanced its military capabilities by securing a deal for 24 F-16 fighter jets from Denmark.
President Javier Milei and Defense...
Argentina’s March Inflation Slows Despite Yearly Uptick
In March, Argentina experienced a notable slowdown in inflation to 11%, yet the year's cumulative figure climbed to 51.6%.
This information came to light in...
Argentina Slashes Interest Rates in Fight Against Soaring Inflation
In a strategic move, the Central Bank of Argentina has significantly reduced its benchmark interest rate from 80% to 70%.
Announced on Thursday, this adjustment...