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Argentina’s Judiciary Nullifies Key Sections of Milei’s Decree
On Jan 24, 2024, Argentina's judiciary deemed six sections of President Milei's Decree unconstitutional.
These sections propose changes to labor laws and union rights in...
Moody’s Predicts Downturn for Argentina’s Economy
At an online forum, Moody's official Juan Fuentes announced the firm's projection of a 3% contraction in Argentina's economy this year.
He also mentioned that...
Argentina’s Firm Stance Amid Brazil and Peru’s Closer Ties with China
Brazil has recently deepened its ties with China, guided by a multipolar world view.
This shift led President Lula to include the Chinese Army in...
Argentina’s Central Bank Implements Provincial Debt Restrictions
The Central Bank of the Republic of Argentina (BCRA) has decisively ended provincial banks' ability to grant loans across various regions.
Presidential spokesperson Manuel Adorni...
Nubank Considers Argentina Market Return
Nu Holdings Ltd., known as Nubank, is contemplating re-entering the Argentine market, contingent on the country's economic improvement.
According to Bloomberg Linea, Cristina Junqueira, the...
Argentina Faces 2.9% GDP Deficit in 2023
In 2023, Argentina experienced a primary fiscal deficit amounting to 2.9% of its Gross Domestic Product (GDP).
This information comes from the Ministry of Economy's...
Argentina’s YPF Privatization Plan Paused
Argentina's President Javier Milei has paused the privatization of YPF, the national oil company.
Announced on Monday, January 22, 2024, this move diverges from Milei's...
Record Highs in Argentina’s Stock Market Following Election
Following President Javier Milei's election, Argentina's main stock index, the S&P Merval, reached an unprecedented peak.
On January 19, 2024, it soared to 1,174 billion...
Argentina’s Social Benefits Reduction: Key Insights
On January 20, President Javier Milei's government in Argentina announced significant cuts in social benefits.
Over 27,000 individuals are affected, with a halt in payments...
Argentina Braces for Another Peso Devaluation Amid Economic Strain
Argentina is grappling with a major economic challenge. Its inflation rate has soared to 211%.
This is causing a growing gap between the official and...
Argentina’s Trade Deficit Hits $6.92 Billion in 2023
In 2023, Argentina faced a $6.926 billion trade deficit. A severe drought earlier in the year led to a 24.5% drop in exports.
The National...
Argentina’s La Rioja Issues Local Currency
Facing financial challenges, La Rioja, an Argentine province, has launched its own currency, named 'Bocade'.
This move comes as a response to President Milei's decision...
Argentina Challenges Spanish Fleet’s Falkland Fishing
Argentina is increasingly worried about a large Spanish fishing fleet heading to the South Atlantic, near the Falkland Islands.
Officials in Argentina have voiced concerns...
Davos Meeting Spurs Investment Interest in Argentina
At the World Economic Forum in Davos, Switzerland, Argentina's top officials, Nicolás Posse and Luis Caputo, engaged in significant discussions.
They met with energy, natural...