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Argentina

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 Institute of Statistics and Census (INDEC). It represents the lowest inflation...

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...

Argentina Suspends Direct Flights to Havana Amid Economic and...

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

Milei’s Diplomatic Path to Reclaim Falkland Islands Sovereignty

President Javier Milei of Argentina aims to reclaim the Falkland Islands (Islas Malvinas) from the United Kingdom through a diplomatic, patient approach. Acknowledging the complexity,...

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...

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...

Argentina’s Trade Dynamics: A Shift in 2024

In the first quarter of 2024, Argentina's trade landscape underwent significant transformations. Exports surged by...

Argentina’s Steady Path to Financial Stability

The Argentine government made a significant financial stride by paying approximately $1.9 billion to the...

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...