President Javier Milei’s austerity drive has contributed to stabilizing Argentina’s economy; however, financial pressures continue to escalate for both consumers and businesses. In recent weeks, banks have begun to observe initial indications of credit deterioration. In March, overdue credit card balances rose to 2.8 percent, marking the highest level in three years. Simultaneously, defaults on personal … 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