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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...

Argentina Opens Doors to Global Satellite Internet Providers

The Argentine government has officially authorized Starlink, Amazon, and OneWeb to provide satellite internet services. This decision, documented in the Official Gazette through four resolutions,...

Drop in Consumption Hits Argentina’s SMEs Hard

In January, Argentina's small and medium-sized enterprises (SMEs) saw a sharp 30 percent fall from last year. The main reasons were less spending by consumers...

Argentina Sees 1.6% Economic Dip in 2023

In 2023, Argentina's economy shrank by 1.6%, with a notable 4.5% drop in December alone, reports the National Institute of Statistics and Censuses (INDEC). The...

Argentina Leads Crypto Growth in Latin America

Latin America boasts over 40 million cryptocurrency users, with Argentina at the forefront. This nation accounts for 40% of the region's new crypto app...

Heatwave Triggers Forecast Cut for Argentina’s Key Crops

The Rosario Board of Trade has revised Argentina's 2023/24 soybean and corn harvest forecasts to 49.5 million tons and 57 million tons, respectively. This adjustment...

Argentina’s Minimum Wage Hike in Response to Soaring Inflation

Argentina has implemented a 30% minimum wage increase for February and March, as announced by the Presidential spokesperson, amidst an inflation rate surpassing 250%. Adjustment...

Argentina Aims to Slash Inflation, Lift Currency Restrictions This Year

Argentina's economic chief, Luis Caputo, expressed optimism about soon reducing monthly inflation to single digits. By mid-2024, he also looks to remove limits on currency...

Argentina Faces Unprecedented Poverty Levels

In January 2024, Argentina's poverty soared to 57%, a two-decade peak, impacting 27 million people in the country. The situation worsened, with indigence climbing to...

Argentina Leads, Brazil in Top Five of FIFA Men’s Rankings

FIFA updated its men's national team rankings, keeping Brazil in fifth place as the season sees no new games for the team. The top 10...

Argentina’s Monthly Inflation Rate Slows to 20.6% in January

In January 2024, Argentina witnessed a notable rise in its inflation rate, reaching an annual rate of 254.2%, according to INDEC. This represented a slowdown...

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