Buenos Aires. Throughout a press interview, President Javier Milei accused the director for the Western Hemisphere of the Worldwide Financial Fund (IMF), Rodrigo Valdés, of “not wanting” Argentina to do properly, of sustaining relations with the previous Minister of Economic system of the earlier authorities, Sergio Massa, additionally a former presidential candidate of Unión por … Read more
Buenos Aires. Argentina registered a present account surplus of 240 million {dollars} within the first quarter of the 12 months, the Nationwide Institute of Statistics and Censuses (INDEC) reported on Wednesday. In 2023, the South American nation ended with a unfavourable steadiness in its present account of 21,494 million {dollars}, indicated INDEC. That is the … Read more
Buenos Aires. Argentina’s gross home product (GDP) fell 5.1 % year-on-year within the first quarter of 2024, in contrast with a 1.2 % drop within the fourth quarter of 2023, the Nationwide Institute of Statistics and Census (INDEC) stated on Monday. Statistics institute Indec additionally famous that GDP fell 2.6 % within the first full … Read more
Buenos Aires. The management of the Catholic Church determined to open a number of parishes, beginning with the Metropolitan Cathedral, to feed a whole lot of households, a lot of whom live on the streets because of the progressive improve in destitution, whereas final night time it was discovered within the province One other warehouse … Read more
Buenos Aires. Financial exercise in Argentina contracted 8.4% in March in comparison with the identical month in 2023, the best proportion for the reason that pandemic, and was lowered 1.4 p.c in comparison with February, official figures revealed this Wednesday confirmed. In keeping with the month-to-month indicator of financial exercise revealed by the Institute of … Read more
Buenos Aires. Argentine manufacturing manufacturing collapsed 21.2 p.c in March in comparison with the identical month in 2023, representing the most important collapse of the sector since Could 2020, when the nation was impacted by the covid-19 pandemic, reported the Nationwide Institute of Statistics and Censuses (Indec). “In March 2024, the manufacturing industrial manufacturing index … Read more
Buenos Aires. Argentina put into circulation this Tuesday a 10 thousand pesos ($11) bill that will be the largest denomination, surpassing the 2 thousand pesos ($2.20) bill launched a year ago in response to the country’s high inflation and which precedes a 20 thousand bill scheduled for the end of the year. “The Central Bank … Read more
Buenos Aires. The central bank of Argentina (BCRA) lowered the reference rate to 50 percent annually from the previous level of 60 percent, due to expectations of a decrease in the high inflation suffered by the country. “The BCRA’s decision is taken into consideration of the financial and liquidity context and is based on the … Read more
Buenos Aires, Arg. “All social, labor, union and pension rights are threatened (…) it is a day of vindication and defense of the achievements and acquired rights that are intended to be violated without respecting the voice of the workers,” the leaders of the organization warned. General Confederation of Labor (CGT), leading a massive event … Read more
Buenos Aires. The central bank of Argentina (BCRA) lowered its reference market rate (passive repos) this Thursday to 60 percent annually, from the previous 70 percent, arguing for improvements in the conditions of the domestic macroeconomy, with fiscal surplus and inflationary contraction . “The decision is official,” said a spokesperson for the entity, a measure … Read more