Search results
Results from the WOW.Com Content Network
Decree 70/2023, titled "Bases for the reconstruction of the Argentine economy" (Spanish: Bases para la reconstrucción de la economía argentina) was signed on 20 December 2023, by the Argentine president Javier Milei. It is known in the media as the "Megadecreto" ("Mega-decree") or "decretazo" for its large scope.
The main union force in Argentina, the General Confederation of Labor, criticized the measures, saying they will mainly hurt regular people and not the political “caste” that Milei promised to ...
27 December: Thousands of union members and activists in Argentina protest a decree from President Javier Milei imposing deregulation and austerity measures meant to revive the country's economy. [13] 29 December: Argentine president Javier Milei sends a letter to BRICS, rejecting the bloc's invitation for Argentina to join. [14]
The 2018–present Argentine monetary crisis is an ongoing severe devaluation of the Argentine peso, caused by high inflation and steep fall in the perceived value of the currency at the local level as it continually lost purchasing power, along with other domestic and international factors.
Argentina on Tuesday announced a sharp devaluation of its currency and cuts to energy and transportation subsidies as part of shock measures new President Javier Milei says are needed to deal with ...
The inflation that has ravaged Argentina caused prices to soar by almost 300 percent in the past year. Bills that were once usable are now literally not worth the paper they're printed on.
Download as PDF; Printable version; ... Argentina has faced several economic crises, such as: The Rodrigazo ... This page was last edited on 21 November 2023, ...
Argentina will devalue the peso by more than 50% as part of emergency measures to help the nation’s struggling economy, the country’s Economy Minister Luis Caputo announced Tuesday.