Javier Milei

Alec Oxenford

Businessman Alejandro ‘Alec’ Oxenford becomes Argentina’s US ambassador.

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This Wednesday, Argentina’s government formalised three significant appointments in the Official Gazette. Businessman Alejandro ‘Alec’ Oxenford presented his credentials to US President Donald Trump, thereby formally confirming his role as ambassador to the United States. Meanwhile, Foreign Minister Gerardo Werthein appointed a new ambassador to Germany. The appointment of diplomat Betina Pasquali de Fonseca as the new … Read more

Argentina has its lowest wholesale inflation since 2020.

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Argentina’s wholesale inflation has reached its lowest level since 2020. Wholesale prices experienced a decline in May, marking the first decrease since the peak of the pandemic. Argentine President Javier Milei achieved another economic milestone Tuesday as data revealed a decline in wholesale prices in May, marking the first decrease since the peak of the pandemic. … Read more

Globant SA

Globant benefits from Argentine deregulation in a tough year

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Argentine deregulation presents potential advantages for Globant amid a challenging year. Globant, a software company, indicates that the deregulation of the local financial industry is encouraging firms to increase their investments in technology systems. Argentina is emerging as a notable opportunity amid a challenging landscape for software company Globant SA, as the deregulation of the local … Read more

Argentina Inflation

Argentina’s lowest inflation is a major success.

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Inflation reaches its lowest point since the Covid pandemic, marking a significant achievement for Milei. Argentina’s monthly inflation has decelerated to its lowest point since the peak of the pandemic, marking a significant achievement for President Javier Milei in the lead-up to an important midterm election. In May, consumer prices experienced a 1.5 percent increase compared … Read more

International Monetary Fund : IMF

IMF commends Argentina’s initiatives aimed at enhancing dollar reserves

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Earlier this week, Argentina’s Central Bank implemented new economic measures aimed at enhancing foreign currency reserves. The International Monetary Fund (IMF) has commended President Javier Milei’s administration for implementing recent strategies aimed at enhancing Argentina’s international reserves. Earlier this week, Argentina’s Central Bank implemented new economic measures aimed at enhancing foreign currency reserves in response to … Read more

Argentina Currency Peso

New steps to attract dollars boost Argentina bonds

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Argentina’s bonds experience an uptick following the introduction of new measures aimed at attracting foreign currency. The Central Bank has introduced a series of measures designed to assist the nation in accumulating additional hard-currency reserves. On Tuesday, Argentina’s bonds experienced an uptick following the Central Bank’s announcement of a series of measures designed to bolster the nation’s … Read more

Javier Milei - Libra

Anti-Corruption Office says Milei’s cryptocurrency promotion is fine

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Milei’s promotion of cryptocurrency is not deemed improper, according to the Anti-Corruption Office. The Anti-Corruption Office has determined that President Javier Milei acted appropriately in promoting the ‘$LIBRA’ crypto token in February. According to a decision by a government anti-corruption office, Argentina President Javier Milei did not act improperly when he promoted a crypto token called ‘$LIBRA’ … Read more

Argentina Debt

Buenos Aires Province’s debt rises as Milei faces municipal elections challenges

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Buenos Aires Province’s debt increases as Milei faces a challenge in the local elections. Investors are acquiring debt from Argentina’s largest province, anticipating that President Javier Milei’s political party will maintain its winning momentum in an upcoming local election in under three months. Dollar notes issued by Buenos Aires Province have emerged as the top-performing government credits … Read more

Juan Pazo

Milei’s proposal offers safeguards for Argentina’s illicit ‘mattress dollars’

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On Thursday, Argentina’s government announced the submission of a new bill to Congress, which is a component of its extensive “mattress dollars” initiative aimed at encouraging citizens to deposit the substantial amounts of cash they currently hold in their homes, safety deposit boxes, and offshore accounts. During a press conference at Casa Rosada, national deputy José … Read more

Argentina Peso

Milei’s cuts are complicating the collection of credit in Argentina

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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