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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 ...
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]
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.
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's economic activity fell 4.4% in June from a year earlier, the country's official statistics agency said on Wednesday, below the expectations of a Refinitiv poll of a 4.0% drop. The ...
Import controls are another serious problem for companies trying to manufacture in Argentina. "To be able to do business in Argentina, we have to have a factory here. Volvo doesn't have one, and ...
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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 ...