Argentina’s Industrial Sector to Shrink in 2024
Argentina’s Industrial Sector to Shrink 4% in 2024 due to less consumer spending and public works.Many companies would suffer decreased…
Price of plane tickets has soared in Argentina
Plane tickets in Argentina have increased by 17,525 percent in nominal terms over the last five years, whereas international flights…
Argentina Is Talking With IMF About New Program Outline
Argentina is talking with the International Monetary Fund about the outline of a possible new program that would bring fresh…
Argentina Leading steel producer to cut output due to crisis
Argentine steel producer Acindar will stop output at its four plants in the country between March 18 and April 15…
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…
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 INDEC. The decline…
Milei and IMF envoy discuss additional help for Argentina
President Javier Milei and International Monetary Fund (IMF) Deputy Managing Director Gita Gopinath discussed Argentina’s course of action under the…
Argentina Ordered to Pay Deposit in UK Hedge Funds Case
Argentina must pay a large deposit in a case brought by hedge funds seeking $1.5 billion in compensation for losses…
Investors Bet Argentina Crawling Peg to Speed Up to 6% by April
Investors are betting Argentina’s central bank will accelerate the gradual depreciation of the peso, known as a crawling peg, by…