US Secretary of the Treasury Scott Bessent is preparing for a second visit to Argentina, as stated by President Javier Milei. Bessent, commending Milei’s “monumental midterm election victory” from the previous weekend. Furthermore, he urged for a robust and “enthusiastic” reaction from the markets to support Washington’s ally in the south. Milei, a firm advocate … Read more
Argentine provinces and companies are preparing to access global markets in the coming weeks, as President Javier Milei’s victory in the midterm elections enhances optimism regarding the country. This development creates an opportunity for debt sales that could inject essential dollars into the nation’s foreign-exchange market. This week witnessed a surge in bond activity, spearheaded … Read more
On Monday, markets exhibited a euphoric response to the mid-term election results in Argentina, as evidenced by the strengthening of the peso, bonds, and stocks. While certain analysts anticipate an increase in international investment, others contend that the government ought to pursue additional reforms to stabilize the economy. On Sunday, President Javier Milei’s La Libertad … Read more
Argentine assets are poised for a significant rally following President Javier Milei’s impressive performance in the legislative elections, surpassing even the most optimistic predictions and alleviating investor fears that his ambitious economic overhaul of the crisis-ridden nation might falter. As over 90 percent of ballots have been tallied, Milei’s party has secured 41 percent of … Read more
Argentine markets are exhibiting volatility in response to the U.S. bailout announcement, with each headline eliciting both positive and negative reactions. On Tuesday, President Javier Milei engaged in discussions with his U.S. counterpart, Donald Trump, at the White House. In a working lunch attended by journalists, Trump stated that his administration would extend financial support … Read more
The economic outlook for Argentina is generating divergent views among prominent institutions. The International Monetary Fund maintains its growth forecast for 2025, in contrast to the World Bank, Organisation for Economic Cooperation and Development, and private analysts, who have revised theirs downward. The IMF has maintained its forecast of 5.5 percent growth for 2025, commending … Read more