Concerns regarding the potential effects of generative artificial intelligence on the labour market are prevalent across numerous nations. Argentina is not an outlier. Indeed, there are justifiable reasons for this apprehension. It is the Latin American nation with the highest degree of occupational exposure to GenAI, according to a recent study conducted by the Economic … Read more
The United States has sanctioned the exceptional importation of 300,000 tonnes of lean beef to mitigate domestic meat prices. However, this decision is unlikely to yield advantages for Argentina, despite the strong rapport between Presidents Donald Trump and Javier Milei. The reason is that Argentina, along with other U.S. allies, has established fixed import quotas. … Read more
The public discourse surrounding delinquency debt in Argentina intensified on Tuesday, as a post on X outlining the issues garnered two million views. The post was authored by Matías Fernández. He conducted an analysis of loans and debt delinquency by utilising microdata from the Central Bank’s debtors’ registry, which he subsequently cross-referenced with the taxpayer … Read more
On Wednesday, Economy Minister Luis Caputo unveiled a plan to boost mortgage lending in Argentina at AR$2 trillion (US$1.3 billion at the official rate). “The 2 trillion pesos we would be auctioning would provide housing solutions for 17,000 to 18,000 families,” he said at a conference on Wednesday morning. The funds will be sourced from … Read more
President Javier Milei’s initiatives to rejuvenate Argentina’s economy, following years of stagnation, are encountering diminishing momentum, presenting additional political challenges as the nation approaches next year’s election. Economists have revised their growth projections for this year down to 2.7 percent, a decrease from the 3.5 percent anticipated last December. It falls short of the five … Read more
One of the industries most severely impacted since President Javier Milei assumed office, the manufacturing sector is continuing to fall. Research firm Orlando Ferreres & Asociados reports that industrial activity in July experienced a decline of 0.4%. This decline has accelerated over the first seven months of the year, with activity now 2% below the … Read more
A leading consultancy firm in Buenos Aires is projecting a historic year for Argentina’s exports, indicating that they may surpass the US$100-billion threshold by 2026. LCG, established by economist and politician Martín Lousteau alongside lawyer Esteban Javier Conte Grand, forecasts that exports will reach US$103.74 billion in 2026 – an increase of US$16.6 billion from … Read more
During the campaign trail for the 2023 presidential elections, Javier Milei identified tax reductions and inflation control as pivotal components of his electoral platform. On multiple occasions, he referred to taxes as a “robbery” that the state imposes on its citizens. For the majority, he has upheld that commitment. A recent survey by the Argentine … Read more
A casino deposit does not travel as one uninterrupted entry from a bank account to a game. The payment method records the outgoing transaction, the casino records a balance after the deposit is accepted, play changes that balance inside the account, and a withdrawal starts another payment process. Several records can therefore describe the same … Read more
Last week, in a straightforward manner, the government’s Deputy Economy Minister for Energy & Mining, Daniel González, revealed that a new study indicates Vaca Muerta possesses nearly twice the oil resources previously estimated by the US Energy Information Administration fifteen years ago. The EIA had stated that the recoverable oil was 16.2 billion barrels; the … Read more
