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
Currency fluctuations pose a significant challenge for online gamers worldwide, particularly those in regions experiencing economic instability. The ever-changing exchange rates can directly impact your online gaming budget, often leading to unexpected financial strains. By understanding these fluctuations and adopting effective strategies, you can safeguard your gaming finances and enjoy a more stable gaming experience. … 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
President Trump’s new wave of tariffs has thrown a wrench into the global economic machine, with the iGaming sector caught right in the middle. From London-listed operators to North American giants, gambling stocks are tumbling as markets react to what many have dubbed “economic roulette.” The U.S. has imposed steep new tariffs on both economic … 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
The Chinese Embassy responds to comments made by Bessent during his visit to Argentina. China’s Embassy in Argentina has issued a statement condemning US Treasury Secretary Scott Bessent, alleging that he has made “malicious slanders and libellous remarks.” In a recent statement from Beijing’s envoy in Buenos Aires, the Chinese government expressed strong dissatisfaction and … Read more
The ongoing trade conflict initiated by Trump with China is compelling Latin American nations to make strategic choices regarding their alliances. Donald Trump is strategically involving the United States’ closest neighbors in his ongoing trade conflict with China, aiming to diminish the influence of the Asian powerhouse in a region that has historically been viewed as … Read more