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Argentina

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 disruptions to Argentina's public transportation, as unions representing bus, subway,...

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...

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...

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...

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...

Argentina’s Steady Path to Financial Stability

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

Strike at Argentine Health Agency Disrupts Exports

Next Monday, a pivotal 72-hour strike will commence in Argentina, initiated by the State Workers'...

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...