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Argentina

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 of $103.155 billion. This increase was primarily driven by commercial debts,...

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...

Milei’s Austerity Measures Spark Nationwide Backlash

Argentina recently saw one of its largest protests in the last twenty years, a...

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...

Insect Outbreak Threatens Argentine Corn Yield 2024

After ending a long drought with great weather, Argentine corn farmers started this season hopeful for a bountiful harvest. They aimed to boost President Javier...

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...

Milei Extends Olive Branch to Lula After Previous Tensions

In a significant gesture, Argentine President Javier Milei has invited Brazilian President Luiz Inácio Lula da Silva for an...

Argentina’s Parallel Dollar Rises for Third Consecutive Day

This Tuesday marked a significant surge in the parallel dollar’s value in Argentina, continuing...

Argentina Slashes Interest Rates in Fight Against Soaring Inflation

In a strategic move, the Central Bank of Argentina has significantly reduced its benchmark interest...

As Brazil Clashes with Elon Musk, Argentina’s Milei Plans Business Visit

On his third U.S. visit, President Javier Milei aims to enhance Argentina-U.S. ties and attract investments for economic and...