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
Argentina finds itself in a familiar situation as it secures yet another loan from the International Monetary Fund, reminiscent of past financial cycles. For generations, Argentines have perceived their nation as ensnared in a persistent cycle, as yet another loan from the International Monetary Fund is set to arrive to stabilize its fluctuating economy. This marks the … Read more
The Government asserts that “everything marches according to the plan,” emphasizing its strategy to mitigate the effects of the international crisis on Argentina. In the face of a significant downturn in global stock markets, which saw declines of up to 13%, the administration of Javier Milei is maintaining a calm demeanor. While remaining vigilant to ongoing … Read more
Javier Milei is actively working to eliminate all remnants of Peronism, which has been the prevailing form of populism in Argentina, as he seeks to transform the country into a free-market stronghold. In a striking display of political change, images of Eva Perón have been removed from government offices, while statues of former president Néstor … Read more
The ongoing trade war raises significant concerns regarding its potential impact on the growth trajectory of Argentina’s GDP for the current year. Analysts are in consensus regarding the trade war initiated by Donald Trump’s significant tariff impositions. While it may not have an immediate direct impact on Argentina—an assessment that may be considered hasty—it certainly has … Read more
Milei seeks support from the IMF and aims to secure a trade agreement with Trump. On Thursday, President Javier Milei engaged in a significant outreach effort, seeking vital backing from US President Donald Trump during an event held in Florida. During a brief visit to the United States, lasting under 24 hours, the head of state made … Read more
Trump ignites a trade conflict by imposing significant tariffs, including a 10% levy on Argentina. US President Donald Trump has initiated a significant global trade conflict as he imposed a 10-percent tariff on imports from various countries, alongside imposing stringent additional levies on major trading partners. In a significant announcement from the White House Rose Garden, … Read more
Approximately 50% of individuals in Mexico, Argentina, and Brazil express a desire for their governments to respond to the tariffs imposed by Trump, while a marginally lower percentage of Colombians and Chileans hold similar views. Concerns regarding US tariffs are prevalent among Latin Americans; however, there exists a spectrum of opinions regarding the appropriate responses their … Read more
Market participants are positioning themselves for a depreciation of the Argentine peso in anticipation of Milei’s impending agreement with the IMF. Investors are anticipating another potential devaluation of Argentina’s peso, as the currency appears ready to shift trajectory once again, having transitioned from one of the weakest in the world in 2023 to one of the … Read more