News of economy

Peña says Paraguay thrilled to be on Trump’s radar

18-01-2025 10:10 Paraguay President Santiago Peña says as his nation stands to become more relevant in the next US administration.

IMF projects strong economic growth for Milei's Argentina in 2025

17-01-2025 18:59 International Monetary Fund estimates that Argentina’s economy contracted by 2.8% last year, but projects five percent growth in the coming two years.

Milei to join far-right leaders, tech moguls at Trump's inauguration

16-01-2025 19:23 Along with the president's usual travelling crew, one unexpected Argentine will also be in attendance: San Juan Province Governor Marcelo Orrego.

Trump to make 'digital' appearance at Davos meeting

14-01-2025 17:30 US president-elect will "digitally" join world leaders at the annual World Economic Forum; President Javier Milei will also address global elite at summit.

IMF publishes grim evaluation of Argentina’s US$44-billion deal

12-01-2025 08:55 Ex-post evaluation paints a grim picture of Argentina’s latest IMF programme that began in March 2022. Staff detailed reckless policy decisions by the government of former president Alberto Fernández that derailed the programme and economy in the run-up to the 2023 presidential election.

Main Street and Milei Street

11-01-2025 06:26 any process of economic transformation, like the one President Javier Milei is trying to implement, will have winners and losers.

by Marcelo J. García

Is appreciation appreciated?

09-01-2025 19:37 Currency appreciation has been a central factor in giving Milei a dream spring – let us see if that same factor impelling several million Argentines to vacation abroad this summer sends the balance of payments wheel spinning in the opposite direction.

by Michael Soltys

Central Bank poll predicts 2025 inflation rate of 25.9%

09-01-2025 14:22 Projections for last year’s inflation rate dips to 117.8% in Central Bank’s market expectations survey.

Official says country made payments on sovereign debt

09-01-2025 11:38 Finance Secretary Pablo Quirno said on a post on X Thursday morning that Argentina's government has made debt payments to international bondholders.

Despite ‘no pauta’ rule, Milei finds other ways to reward or punish the media

08-01-2025 15:56 The Milei administration cut state advertising as part of its austerity plan, but quietly, other state bodies and firms continue to distribute cash without transparency.

EU-Mercosur free-trade deal 'not concluded,' says Macron

06-01-2025 16:38 French President Emmanuel Macron declares that the controversial free-trade agreement between the European Union and the Mercosur bloc is "not concluded."

Argentina's country risk rating falls to lowest level since 2018

06-01-2025 15:21 Argentina’s country risk rating falls to lowest level since August 2018.

The year ahead

04-01-2025 06:24 An electoral year already anticipated well in advance offers no clearer horizons now that it has started.

Caputo already has the dollars he need to meet this year’s debt deadlines

03-01-2025 13:32 Argentina’s Treasury took advantage of the fiscal surplus to buy the necessary hard currency.

So long to 2024... and welcome to 2025

28-12-2024 16:41 The Milei presidency begins this year riding the crest of a wave but neither the rest of the world nor the existence of black swans can be ignored and nor is the economy the only issue.

Argentina spent US$803 million this week on importer dollar demand

27-12-2024 18:42 Central Bank’s operations risk denting Milei's government’s efforts to replenish its treasure chest of reserves

IMF: Formal talks over new deal with Argentina have begun

19-12-2024 21:09 The International Monetary Fund and Argentina have formally begun negotiations over a new loan agreement as the current programme draws to a close.

Argentina takes steps to speed up Milei’s dollarisation strategy

19-12-2024 15:38 Argentina’s government is working with major banks and payment firms to advance Javier Milei’s dollarisation strategy.

Milei, Caputo increasing bullish as they outline new IMF deal timeline

19-12-2024 09:50 Argentina eyes fresh accord with the International Monetary Fund in the first third of next year, with President Milei confident of strong support, both at the Fund and on trade, from incoming US president Donald Trump.

Brazil market rout risks a crisis as Lula resists austerity push

19-12-2024 08:25 As the currency craters in Brazil, thrusting the country’s markets into the international spotlight for the first time in years, a grim reality is setting in for top economic aides to President Luiz Inácio Lula da Silva. They are, they fear, powerless to do much to stop the panic.