The government of Javier Milei in Argentina will promote tax and labor reform, according to Economy Minister Luis Caputo during his participation in the Idea Colloquium.
Regarding labor reform, the official indicated that the changes are fundamental to ridding the country of an archaic, rigid…
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Argentina
US Treasury authorizes financing for Argentina
On Wednesday, September 24, the US Treasury announced its decision to approve a $20 billion financing package for the Central Bank of Argentina.
This amount would be primarily used for the purchase of primary or secondary debt of the South…
IEA forecasts increase in global oil production, led by three Latin American countries
The International Energy Agency (IEA) estimates that oil demand will continue to rise. In this context, production is expected to continue at this upward pace, reaching 5.8 million barrels per day, with a quarter coming from Argentina,…
Mercosur and Canada to resume free trade agreement negotiations
Canada and Mercosur member States will resume negotiations on a free trade agreement in October, a Brazilian representative said last week.
The announcement comes as a light at the end of the tunnel for the parties amid the tariff…
Argentina projects 12 % job growth in fintech sector
Recent data from the Argentine Fintech Chamber forecasts a 12.8 % increase in current workforce, which is expected to lead to employment growth in the sector, with the hiring of more than 4,200 new professionals.
In the results of its…
May inflation in Argentina was 1.5 %
Argentina's inflation for May was 1.5 %, the lowest in five years, according to estimates by the National Institute of Statistics and Census (INDEC).
The agency also reported the accumulated CPI from January to June, which rose to 13.3 %,…
Latin America advances inventory stockpiling in response to Trump’s tariffs
The extension for the tariffs imposed by Donald Trump is about to expire, and Latin American countries are advancing inventory stockpiling as a measure to mitigate the effect of this measure.
The United States tariffs are expected to have…
China to allow visa-free entry for citizens of five Latin American countries
China announced last Thursday, May 15, the elimination of the visa requirement for entry into the country for travelers from Brazil, Argentina, Chile, Peru, and Uruguay starting June 1.
The measure is part of a series of initiatives…
Argentina to modify requirements for migrants
The Argentine government will tighten entry requirements through a decree of urgency and necessity that Javier Milei could announce shortly. The measure represents a modification to the requirements for obtaining citizenship and permanent…
One of the world’s largest copper and gold deposits discovered between Argentina and Chile
One of the world's largest gold and copper deposits could be located between Argentina and Chile, according to reports from Lunding Mining (Canada) and BHP (Australia), which together make up the Vicuña mining company.
Both companies,…
Agricultural sectors in Latin American countries could benefit from US tariffs
US tariffs on major powers and other countries around the world could allow nations like Brazil, Argentina, Paraguay, and Uruguay to benefit by filling the gap in large supply chains, particularly in the agricultural market.
These Latin…
Informal employment in Argentina reaches 5.7 million people
The recent report on informality in Argentina by the National Institute of Statistics and Censuses (INDEC) shows that 42 % of the employed population works informally. This percentage equates to more than 5.7 million people.
Job insecurity…