The recently published staff report on Argentina from the International Monetary Fund (IMF) indicates that the national administration under President Javier Milei is dedicated to implementing extensive reductions in social policies and altering the methodology used to calculate inflation. Last week, the lender of last resort sanctioned a US$2 billion disbursement to the country, as … Read more
A study conducted by the Rosario Stock Exchange (BCR) projected that the reduction in withholdings announced by President Javier Milei last week, along with the elimination of the exchange rate gap since April, will lead to an increase in production in the Argentine countryside by approximately 13 million tons. In a decade, this would result … Read more
The former president violated July court restraining orders by protesting in Copacabana on Sunday. On Monday, Brazil’s Supreme Court mandated that former President Jair Bolsonaro be placed under house arrest due to his “repeated failure to comply with precautionary measures,” while also prohibiting him from receiving visitors. The ruling by Alexandre de Moraes, a judge … Read more
President Javier Milei on Monday exercised his veto power against a law sanctioned by Congress aimed at enhancing pensions for the elderly and disabled, contending that it would compromise his efforts to achieve fiscal equilibrium in Argentina. It marks the second occasion since August 2024 that Milei, who identifies as a “anarcho-capitalist,” has obstructed a … Read more
Milei’s immigration reform allows any foreign national to become a citizen if they make a ‘significant’ investment, although there is no minimum value. Foreign nationals making substantial investments in Argentina will qualify to apply for Argentine citizenship. On Thursday, the government promulgated a decree detailing the regulations for the newly established program, a component of … Read more
The winter break of 2025 signified a decline for the Argentine film industry, which reported its lowest attendance numbers since 2009. The decline can be attributed to the Argentinean economic situation, a scarcity of new releases, and the expanding market for streaming platforms. During the winter break, a period traditionally associated with increased box office … Read more
IMF gives President Javier Milei’s government grace on a crucial benchmark target, allowing it to continue its US$20-billion lending package. The International Monetary Fund has provided Argentina with some leeway regarding a critical benchmark, following the country’s failure to meet the target this month. Argentina must now increase its net hard-currency reserves to a negative US$2.6 … Read more
The Argentine Oil Industry Chamber (CIARA, for its Spanish initials) and the Center of Cereal Exporters (CEC, in Spanish) reported that the total exports of the Argentine agricultural sector in July 2025 reached US$4.1 billion. This figure indicates a 57% increase relative to July 2024 and a 20% rise compared to June of this year. … Read more
United States President Donald Trump has confirmed that Argentina will maintain a 10% tariff as outlined in a new executive order issued on Thursday. The decree, which instituted alterations in the reciprocal tariff policy for select nations, did not alter the minimum rate that Argentina faced when the policy was implemented in April. The announcement … Read more
In July peso fell more than 12%, the largest monthly drop since Milei devalued it in December 2023. Argentina’s peso experienced a significant decline on Thursday, marking the most challenging month since President Javier Milei implemented its devaluation in 2023. This downturn coincides with an increasing demand for dollars, juxtaposed with a diminishing supply from … Read more