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BUENOS AIRES (Reuters) -Argentina will weaken its peso over 50% to 800 per dollar, cut energy subsidies, and cancel tenders of public works, new Economy Minister Luis Caputo said on Tuesday ...
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 ...
Argentina's economy is essentially composed of competitive raw materials and services, so Lázzari, both economist and businessman, believes growth could really take off if the government can do ...
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.
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 economy of Argentina is the second-largest national economy in South America, behind Brazil. Argentina has a human Development Index classified as "very high" by the United Nations, with a highly literate population, an export-oriented agricultural sector, and a diversified industrial base. Argentina benefits from rich natural resources ...
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 ...
Download QR code ; Print/export ... move to sidebar hide. Argentina has faced several economic crises, such as: The ... This page was last edited on 21 November 2023, ...