Argentina is becoming a bright spot in what has been a rough period for software company Globant SA, with the deregulation of the local financial industry prompting companies to step up investment in technology systems. US-traded shares in the Argentine-based company have slumped 55 percent this year as clients delay projects amid uncertainty triggered by US President Donald Trump’s tariff plans. Within Latin America, Mexico and Brazil have been particularly hard hit, while Argentina has outperformed. Argentina’s President Javier Milei has removed capital controls and eased regulations since coming to power in December 2023
SOURCE: BUENOS AIRES TIMES