Argentina will implement economic measures to raise 2 billion dollars and avoid defaulting on its million-dollar debt refinancing agreement signed with the International Monetary Fund (IMF) in 2022.
These measures include the creation of a new "agro dollar" valued at 340 pesos for regional exports,…
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Argentina
Inflation chokes economies of Venezuela and Argentina
Inflation in Latin America shows signs of slowing down in countries like Brazil and Mexico. However, at the other extreme are Venezuela and Argentina, with the highest inflation rates, above 100 %.
The first semester of 2023 has not been…
Binance broke its millionaire link with the Argentine Soccer Team
The news that Binance will no longer be the official sponsor of the Argentine soccer team caused surprise in the sports world. The company decided to terminate the sponsorship agreement due to what they have described as "breach of…
Argentina expects 1.5 million foreign tourists
The Minister of Tourism and Sports of Argentina, Matías Lammens, expressed his optimism regarding the winter season, anticipating the arrival of more than 5.5 million tourists, including 1.5 million international visitors. In…
Argentine exchange Ripio authorized to operate in Spain
The Bank of Spain approved the entry into operation in the country of the Argentine cryptocurrency exchange Ripio. With this measure, the platform extends its operations to the old continent.
Ripio, which already offers its services in the…
Interannual inflation in Argentina was 114.2 %
The Consumer Price Index (CPI) of Argentina returned repeatedly in May above three digits, reaching 114.2 % year-on-year, which represents an increase of 5.4 points compared to the data for April.
For its part, according to the National…
IDB will boost the economy and technology in Argentina
The Inter-American Development Bank (IDB) approved a US$35 million loan for Argentina's Knowledge Economy Export Support Program to assist the country by providing human capital and developing and adopting technologies based on knowledge in…
Argentina leads the creation of the Ibero-American Blockchain and Cybersecurity Network
In Argentina, the Ibero-American Blockchain and Cybersecurity Network (RIBCi) was inaugurated, a pioneering initiative that emerged in the city of Córdoba and is coordinated by the National Technological University (Córdoba Regional…
Cristina Fernández denounced Macri’s agreement with the IMF
The vice president of Argentina, Cristina Fernández de Kirchner, denounced that the agreement reached between former Argentine president Mauricio Macri and the International Monetary Fund (IMF) in 2018 was "scandalous" and "a scam against…
Argentina seeks to boost tourism with a new exchange rate for electronic payments
The Central Bank of the Argentine Republic (BCRA) issued a press release on May 4, 2023, in which it announced a new exchange rate for tourists making electronic payments in foreign currency as of May 5.
Currently, in Argentina, there is…
Gemini officially launched its exchange outside of the US
Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, has officially launched a new platform for clients outside the US. The platform, known as Gemini Foundation, is now available in over 29 countries including…
Argentina towards the automotive energy transition
Argentina recently presented to the advisory council of the automotive chain the bill for the Promotion of Production of Electric and Hybrid Vehicles. Those responsible for this initiative are the Secretary for Industry and Productive…