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Argentina Slashes Interest Rate to 80% Amid Inflation Drop
On Monday, the Central Bank of Argentina (BCRA) lowered its benchmark interest rate from 100% to 80%.
This move reflects the country's declining inflation rates....
Milei’s Mid-Year Plan for Dollar Liberation in Argentina
Unlocking a free dollar exchange rate in Argentina is akin to Hercules' legendary tasks, according to President Javier Milei.
Milei proposes a $15 billion injection...
Barclays Optimistic on Argentina’s Economy Amid Challenges
Barclays praised Argentina's economic strategy under President Javier Milei for its promising direction and strong economic indicators.
The bank highlighted indicators that point to positive...
$400 Million Loan Against Hunger in Argentina
The Latin American and Caribbean Development Bank (CAF) has allocated a $400 million loan to Argentina.
According to the announcement by Argentina's Ministry of Economy,...
Argentina to Invest $550 Million in New Grain Port
On Thursday, the Argentine government declared a significant investment of $550 million to build a new grain port in Timbúes.
This port is part of...
Argentina Reports Strong Soybean Crop Development
In Argentina, eight out of every ten soybean hectares are currently experiencing "normal to excellent" growth conditions, according to a recent report by the...
Argentina’s Parallel Dollar Dips to 2024 Low
Yesterday in Argentina, the parallel dollar fell by 20 pesos, a 2 percent drop that took it below 1,000 pesos for the first time...
Milei’s Fiscal Vision for Argentina: A Regional Comparison
Javier Milei has initiated a conversation by suggesting a May Pact for Argentina's provinces.
This fiscal agreement targets a substantial reduction in public expenditure and...
Argentina’s Record Food Inflation Surges Ahead
As 2024 begins, Argentina's food inflation hits a historic high compared to Latin America.
This rise stems from the previous government's vast money printing and...
Milei Champions Military Revival in Argentina
Argentine President Javier Milei, in his Congress-opening speech, highlighted the challenges facing Argentina's defense forces.
Milei underscores the military's dire financial situation, lacking resources, readiness...
Argentina’s Offshore Energy Surge
Argentina's energy sector is advancing, with Vaca Muerta fields already making up nearly half its hydrocarbon production.
The nation now eyes offshore and deep-water opportunities...
Argentina’s Reserve Growth Hurdles
Argentina aims to boost its central bank's net international reserves by $10 billion this year, as per its IMF agreement.
Post-drought agricultural recovery could aid...
Argentina’s Industrial Sector to Shrink in 2024
Argentina faces a 4% drop in industrial output in 2024 due to less consumer spending and public works.
The Argentine Industrial Union (UIA) shared this...
Air Travel Disrupted Between Argentina and Brazil
On Wednesday, February 28, 2024, a strike by employees at Intercargo and Aerolíneas Argentinas halted flights between Argentina and Brazil.
Workers demanded higher wages, disrupting...