In March, Argentina experienced a greater-than-anticipated increase in inflation, driven by a significant rise in fuel prices due to the Iran conflict and a notable surge in education expenses resulting from annual tuition adjustments. Consumer prices increased by 3.4 percent last month relative to February, surpassing the three percent median forecast of economists. Inflation has … Read more
Argentina is poised to achieve three consecutive years of economic growth for the first time since 2008, as indicated by a recent report from the World Bank, marking a notable positive development for the broader region. In the most recent installment of its periodic analysis evaluating the economic prospects for countries in Latin America and … Read more
Over 30 days into the conflict in the Middle East instigated by Donald Trump, the international landscape reveals more than mere geopolitical tension; it highlights a rapid political deterioration that can no longer be hidden. What began as a display of authority transformed, within a few weeks, into a source of internal instability. In the … Read more
Argentina’s state-run energy firm YPF SA has decided to maintain petrol prices at the pump for a duration of 45 days, diverging from President Javier Milei’s free-market strategy, as the ongoing conflict in Iran exacerbates inflationary pressures. “We’re going to leave prices approximately constant for 45 days,” stated YPF Chief Executive Officer Horacio Marín. “If … Read more
The United States Court of Appeals for the Second Circuit has approved a motion submitted by Argentina, seeking to delay the discovery process related to the 2012 expropriation of the state-owned energy company YPF until the resolution of the country’s appeal in the matter. The ongoing dispute arises from the protracted legal conflict that Argentina … Read more
Argentina’s unemployment rate increased to 7.5 percent at the conclusion of the previous year, marking the highest fourth-quarter figure since the Covid-19 pandemic, as job losses intensified prior to the passage of a significant labour reform by Javier Milei’s administration last month. The jobless rate in Argentina’s formal sector increased for the first time in … Read more
Argentina Week, an event in New York City orchestrated by the Argentine government to draw foreign investment, concluded on Friday following a week filled with discussions involving investors and business leaders. Economy Minister Luis Caputo described it as “wonderful. Everyone in attendance could see that the interest in investing in Argentina’s real economy is at … Read more
Argentina’s government asserts that the country “is fertile ground for any investment imaginable and that firms should jump on board to benefit from the “revolutions” that are shaking up key national industries. During the ‘Argentina Week’ promotional event in New York on Thursday, Cabinet Chief Manuel Adorni stated that the nation is now “free from … Read more
It may seem amusing at first, but the situation takes a serious turn once the bombs start to descend. The derogatory remarks, the raised voices, the irony, the memes, and the relentless verbal assaults. Viewership ratings have increased as President Javier Milei delivered his state-of-the-nation address to the Legislative Assembly on March 1, achieving a … Read more
President Javier Milei is set to journey to Miami this Saturday to engage in a high-level regional security summit organized by US President Donald Trump, marking yet another foreign excursion in his increasingly proactive diplomatic agenda. The meeting is scheduled to occur at Trump National Doral Miami, the golf resort owned by the US President … Read more