Argentina’s economy increased faster than predicted in February, cementing President Javier Milei’s rebound a week after he signed a US$20-billion IMF pact. According to government figures released Tuesday, economic activity climbed 5.7 percent from the same month a year ago, compared with the median expectation of 5.5 percent. Monthly activity grew 0.8 percent after 0.6 percent … Read more
The International Monetary Fund (IMF) projects that Argentina will experience a growth rate of 5.5% in 2025, even as it has lowered its global growth forecast in light of trade uncertainties stemming from U.S. President Donald Trump’s tariffs. The outlook for the country’s economic horizon in 2026 remains optimistic, with projections indicating growth could reach … Read more
In the world of online casino gaming, Argentine players face unique challenges related to bank rates. Understanding these financial dynamics is crucial for optimizing gaming transactions and maximizing funds. By strategically managing bank rates and incorporating bonuses, players can enhance their gaming experience. Argentine players must navigate a complex financial landscape where bank rates significantly … Read more
US Treasury Secretary Scott Bessent indicated that the Trump administration might extend a targeted credit line to Argentina’s government should a global shock threaten President Javier Milei’s economic recovery, as reported by three sources familiar with his remarks. The US government is prepared to utilize the Exchange Stabilization Fund (ESF) to assist Argentina, provided that any … Read more
The IMF maintains its growth forecast for Argentina, undeterred by prevailing global uncertainties. The International Monetary Fund (IMF) has upheld its growth forecast for Argentina at 5.5 percent for the year 2025, notwithstanding the prevailing uncertainties in global trade. The multilateral lender referenced the “positive data” observed in the initial months of the year. The report recognized … Read more
The ongoing trade conflict presents significant advantages for Brazil and Argentina, particularly in the sectors of meat and grains. Brazil and Argentina are positioning themselves as early beneficiaries in the global trade conflict that is disrupting agricultural markets. The intensifying friction between the United States and China, the foremost supplier and consumer of agricultural goods, has presented … Read more
The recent agreement between the Argentine government and the International Monetary Fund (IMF) imposes stringent fiscal surplus targets for 2026 and 2027, significantly limiting the potential for reducing the tax burden. President Javier Milei’s administration suggests that there is potential for tax reductions, a key promise of his governance strategy. However, should he proceed with … Read more
Milei may resonate with Alfonsín’s sentiment by declaring, “Happy Easter, the dollar is in order.” However, it’s still early in the process. A more comprehensive withdrawal from currency and capital controls by Macri in late 2015 was executed with greater ease, yet it did not guarantee him a favorable outcome. The exit from ‘cepo’ currency … Read more
The European Union is optimistic that the tariffs imposed by former President Trump may provide the necessary impetus to finalize the Mercosur trade agreement. The potential for a transatlantic trade war is igniting optimism in Europe, as prospects rise for a commerce agreement with four South American nations to receive final approval, overcoming persistent resistance from … Read more
Milei faces the potential of reigniting inflation through the proposal to float Argentina’s peso. President Javier Milei is set to unveil his strategy to eliminate the majority of currency controls that have been established over the last five years. This initiative is a fundamental component of Argentina’s new US$20-billion program with the International Monetary Fund. … Read more