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Argentina Faces Sharp Economic Decline in March, Largest Since 2020

In March, Argentina witnessed its sharpest economic decline since 2020, with activity falling 8.4% from the previous year. Analysts had only expected a 6.9% drop,...

Argentina’s Economy Improves, But Why Has the Parallel Dollar Soared?

Yesterday, Argentina's parallel dollar, also called 'blue dollar', surged to 1,230 pesos per unit, marking a four-month high. This black market value jumped by 50...

Milei Stirs Pride and Colonial Echoes in Spain-Argentina Tensions

(Analysis) President Javier Milei of Argentina actively stirs the global pot, skillfully courting both criticism and acclaim internationally. His recent actions showcase the delicate dance...

Rising Poverty in Argentina: Highest Levels Since 2002

In the first three months of the year, Argentina's poverty rate hit an alarming 55%, the highest since 2002. This was reported by the Universidad...

Revamping Argentina’s Defense: Modernizing Sea and Sky

Argentina's military is on a robust mission to modernize its defenses, enhancing capabilities at sea and in the air. Notably, the Naval Aviation Command grapples...

Argentina Eyes Economic Rebound: IMF Forecasts Positive Growth

The International Monetary Fund (IMF) recently projected growth for Argentina's economy in late 2024. The announcement occurred during a press conference in Washington, D.C. Julie Kozack,...

Argentina’s Path to Dollarization

On Wednesday, Argentina's Economy Minister, Luis Caputo, confirmed the government's commitment to dollarizing the economy. Caputo explained the government's "currency competition" plan in an interview...

Central Bank of Argentina Reduces Interest Rate to 40%

The Central Bank of the Argentine Republic (BCRA) announced a new interest rate reduction yesterday night. They lowered the reference rate from 50 percent to...

Milestone Moment: Argentina’s Dip into Single-Digit Inflation

April marked a historic moment for Argentina under President Javier Milei's leadership, with inflation tumbling to 8.8%. This significant achievement is documented by the National...

Urgent Reforms Needed for Argentina’s Naval Fleet

As Argentina ushers in a pivotal moment for its defense strategy, the country's Naval Fleet finds itself at a critical juncture. The recent acquisition of...

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...

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