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The IMF, which approved a bailout for Argentina in 2018, the fund’s biggest ever, sees the economy shrinking by 3.5% overall this year, following a 1.6% contraction last year.
The Parana River, which carries almost 80% of Argentina's grains and oilseeds for export, is at the second lowest level for this time of year since 1970, behind only a major decline in 2021, data ...
July 12 – Argentina formally designates Hamas as a terrorist organisation. [20] July 14 – Argentina wins its 16th Copa America title following a 1-0 match against Colombia at the 2024 Copa América final held in Miami. [21] July 15 – An A-4AR Fightinghawk attack aircraft of the Argentine Air Force crashes in Villa Reynolds Airport, San ...
Argentina's libertarian President Javier Milei laid out a bleak vision in his maiden speech a year ago amid an economic crisis. The crowd in front of Congress cheered his every word. A year later ...
Argentina's 2023 annual inflation was the highest in the world at 211.4%. [43] In January 2024, Argentina’s poverty rate reached 57.4%, the highest poverty rate in the country since 2004. [44] Because of Milei's policies, the monthly inflation rate dropped to 2.4% in December 2024, marking an end to Argentina's period of hyperinflation. [45]
With industrial production of USD $79.8 billion in 2023 (19% of GDP), Argentina is the third-largest industrial power in Latin America after Mexico and Brazil. [1] Argentina has a sophisticated industrial base that ranges from small and medium-sized enterprises to world-class facilities operated by domestic and multinational corporations.
BUENOS AIRES (Reuters) -Argentina's oilseed sector workers lifted their two-day strike late on Tuesday after the lower house of Congress approved contentious reforms backed by President Javier ...
On May 9, 2024, Argentina's biggest trade unions announced a 24-hour strike, [28] causing 46 million to a standstill [clarification needed] as banks, businesses and state agencies closed in protest. [29] On May 26, 2024, Argentina's police dispersed a peaceful anti-government protest in Córdoba. Several people were arrested and injured. [30]