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Argentina has announced its first peso-denominated debt sale in nearly a decade, aiming to raise up to $1 billion. This sale is critical for boosting foreign reserves and meeting IMF …
Argentina Unveils First Peso-Denominated Debt Sale in Nearly a Decade Read More
Javier Milei won the Buenos Aires City Hall election, marking a significant shift in political power. His candidate, Manuel Adorni, secured 30.1% of the votes against Mauricio Macri’s choice, Silvia …
Milei Claims Victory in Buenos Aires City, Shifts Political Balance Against Macri Read More
Javier Milei’s candidate, Manuel Adorni, leads in Buenos Aires legislative election with 30.14% of votes. Leandro Santoro from the Peronist movement follows with 27.3%. This election serves as a key …
Milei’s Candidate Leads in Buenos Aires Legislative Election, Boosting Administration Read More
Heavy rainfall in northern Argentina has caused extensive flooding, leading to the evacuation of over 2,000 residents and stranding a bus with 44 passengers for over 10 hours. Authorities are …
Severe Rainfall Causes Major Flooding and Evacuations in Northern Argentina Read More
President Javier Milei claims inflation will end by mid-2024, while unions protest his austerity measures. Demonstrations highlight growing discontent among citizens, echoing critical socio-economic challenges as protests against his policies …
Milei Sets End of Inflation Timeline Amid Union Unrest Read More
U.S. Treasury Secretary Scott Bessent indicated a willingness to offer Argentina a credit line via the Exchange Stabilization Fund, contingent on economic policy adherence by President Milei. Following his comments, …
U.S. Readiness to Support Argentina with Credit Line amid Economic Reforms Read More
Argentine President Javier Milei lifts the exchange rate cap, allowing for a new floating exchange rate system. This bold move, supported by significant IMF loans, aims to tackle inflation but …
Argentina’s Bold Economic Shift: Lifting the Exchange Rate Cap Read More
Argentina’s history with the IMF spans over six decades, marked by multiple loan agreements totaling $177 billion. The recent approval of a $20 billion program aims to address severe economic …
Argentina’s Complex Relationship with the IMF: A Historical Overview Read More
Argentina is removing significant currency controls and allowing the peso to fluctuate freely as part of a $20 billion IMF agreement. This policy shift includes the removal of restrictions on …
Argentina Dismantles Currency Controls Ahead of IMF Financial Agreement Read More
Argentina is set for a 24-hour strike amid protests against President Javier Milei’s austerity measures, which, while resulting in budget surpluses and reduced inflation, have also increased poverty. Thousands protested …
Argentina Faces 24-Hour Strike Over Austerity Measures and IMF Loan Awaiting Read More