In the midst of the changes that are being experienced in Argentina, particularly established by President Javier Milei, the country is at the top of the adoption of cryptocurrencies.
It is estimated that in the country, more than 20 % of citizens own and trade digital currencies, which is…
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Argentina
Argentina reached a surplus of $620 million
Argentina recorded a financial surplus of $620 million last January, the result of a primary surplus and the payment of interest on the public debt, according to official sources. This positive result is the first since August 2012 and the…
Inflation in Argentina reached “worrying levels”
The Organization for Economic Cooperation and Development (OECD) issued an alarming report on the Argentine economy. According to their estimates, inflation in the country will soar even further this year, reaching a staggering 250.6%,…
IMF predicts a contraction in Latin America’s GDP
Argentina’s economic crisis, which will contract by 2.8% in 2024, has led the International Monetary Fund (IMF) to cut Latin America and the Caribbean’s growth forecast for this year by 0.4 percentage points, to 1.9%.
This is indicated by…
Milei eliminates a ministry and gives more power to Caputo in Economics
The Argentine president, Javier Milei, finished his first cabinet reform with the elimination of the Ministry of Infrastructure and the strengthening of the Economy minister, Luis Caputo, who takes control of the area that was in charge of…
Omnibus Law to be debated in the Argentine Congress
This Thursday will begin the debate in the Chamber of Deputies of the omnibus law, the flagship project of the government of Javier Milei, which seeks a deep reform of the state with less state intervention. The ruling party achieved a…
Argentina is the country with the highest inflation in the world
Argentina leads the world inflation ranking, with more than 200 %, behind Lebanon and Venezuela, which occupy second and third place, respectively.
This was revealed by Bloomberg Línea, which indicated that inflation in Lebanon fell from…
Argentina closed 2023 with inflation of 211.4%
Argentina closed the year 2023 with year-on-year inflation of 211.4%, the highest figure since the period of hyperinflation in 1989-1990. This figure emerges from the first measurement carried out during the government of Javier Milei, who…
Argentina proposes to reduce taxes for those who declare their crypts
In a significant turn in economic policies, the Argentine government presented a legislative proposal to modify the treatment of cryptocurrencies in the country. The initiative seeks to incentivise the declaration of holdings of crypto…
CAF grants loan to Argentina for USD 960 million to pay the IMF
In the midst of a severe financial crisis, Argentina received a loan from the CAF for USD 960 million to pay the International Monetary Fund, as indicated by the Central Bank.
Spokespersons for the organization indicated that the country…
Javier Milei assumed the presidency of Argentina
In a ceremony held at the Congress headquarters in Buenos Aires, the ultra-liberal Javier Milei was sworn in as president of Argentina on Sunday. Amidst cheers of "Argentina, Argentina!", Milei and his new vice-president, Victoria…
Biden spoke with Javier Milei about bilateral relations
During a telephone conversation this Wednesday between Javier Milei, the newly elected new president of Argentina, and Joe Biden, for the United States, both leaders addressed the relationship between the two countries and ways to…