In 2025, Argentina experienced a price increase of 31.5%, marking the lowest inflation rate since 2017, as reported. While the rate remains elevated compared to global benchmarks, inflation has shown signs of deceleration under Javier Milei’s administration. The figure stands at more than 86 points below the 117.8% projected for 2024, marking the initial complete … Read more
President Javier Milei is set to journey to Asunción, the capital of Paraguay, for the signing of the free-trade agreement between Mercosur and the European Union this Saturday, as reported by government sources. The European Union granted approval on January 9 for the long-anticipated trade agreement with the South American bloc, despite significant opposition spearheaded … Read more
Argentines have watched inflation ease from the extreme pace that defined recent years, yet timing still decides what money can do once it arrives. Annual inflation for 2025 is estimated to end near 31 percent, a steep drop from earlier triple-digit levels, yet still high enough to affect day-to-day decisions about when funds land and … Read more
Recent data indicates that Argentines are increasingly opting for the beaches of Brazil over traditional local holiday resorts. President Javier Milei’s administration has altered the methodology for assessing visitor levels, asserting that the domestic coastline is experiencing a surge. This assertion has faced backlash from tourism professionals who contend that the industry is struggling significantly. … Read more
Argentina has obtained financing from a multilateral institution, which remains unnamed, to facilitate the repayment of US$2.5 billion to the US Treasury stemming from a currency swap agreement, as stated by an official from the country’s Central Bank. The financing details were not disclosed publicly by either the Central Bank or the multilateral lender, as … Read more
Recent reports suggest that almost 20% of Argentines hold some form of cryptocurrency. This makes Argentina the leading country in Latin America in terms of adoption, with some 8.6 million Argentines holding or using at least one digital asset. This raises the question of what they can do to avoid the volatility that cryptos are … Read more
The comprehensive trade agreement forged between the European Union and the South American bloc Mercosur is set to be formalized on January 17 in Paraguay, as announced by Argentina’s Foreign Minister Pablo Quirno on Friday. “We will sign… the most ambitious agreement between our two blocs on January 17 in Paraguay,” Quirno stated, describing it … Read more
Generation Z is the first generation to grow up with digital money, so, in a way, they never had to go through the adjustment period that their parents did. Mobile payments were already more natural to Gen Z adults by the time they opened their first bank accounts. Crypto will fit into that same mindset, … Read more
It is widely acknowledged that a primary objective of the U.S. intervention in Venezuela, culminating in the apprehension of former president Nicolás Maduro, was to ensure access to the nation’s oil resources. Shortly after the invasion, the White House asserted its intention to exert control over Venezuela’s oil sales “indefinitely.” Experts indicate that this disruption … Read more
While it remains premature to determine if President Javier Milei will be remembered as having aligned with the prevailing moral narrative by fervently and steadfastly supporting the inaugural US bombing of a South American capital, he ought to be acknowledged for his alignment with the dynamics of power. History and power do not consistently align … Read more