2023-12-13 14:03:59 The government of ultra-liberal Javier Milei devalued the currency by more than 50% on Tuesday, establishing the official exchange rate at 800 pesos per dollar compared to 391 at the close of Thursday, as announced by the Minister of Economy, Luis Caputo, who warned that Argentina is at risk of hyperinflation. “The genesis … Read more
2023-12-12 23:05:59 The government of ultra-liberal Javier Milei devalued the currency by more than 50% on Tuesday, establishing the official exchange rate at 800 pesos per dollar compared to 391 at the close of Thursday, as announced by the Minister of Economy, Luis Caputo, who warned that Argentina is at risk of hyperinflation. “The genesis … Read more
2023-11-27 18:42:05 The Argentine financial market has been the subject of great attention recently, especially after the election of President Javier Milei, a right-wing politician, who promises to implement drastic changes in South America’s second largest economy. This unexpected victory had a significant impact on ADRs ( American Depositary Receipts) of Argentine companies listed on … Read more
2023-11-26 16:35:00 —Were you surprised by Javier Milei’s victory? What surprised me was the result of the first round. I assumed that Milei was going to have a better result because 30% of her was firm and solid. Likewise, for a candidate who has only been campaigning for two years, who came from nowhere in … Read more
2023-11-26 18:24:22 The Argentine president, Alberto Fernández (left), and the elected president, Javier Milei, met on Tuesday to talk about the transition. Photo: Presidencia de Argentina/EFE – MARIA EUGENIA CERUTTI It has been said that Javier Milei’s victory in Argentina marks a change of era, since with his victory at the polls he distanced Peronism … Read more
2023-11-22 16:43:51 For Ortiz, the Argentine problem is a fiscal problem rather than an inflationary one and he compares it to what happened in Peru in the 1980s, when the country became over-indebted and spent beyond its collection capacities, which ended up generating high inflation and a devaluation of the currency. Meanwhile, Perea pointed out … Read more
2023-11-20 18:21:26 YPF, also known as Yacimientos Petrolíferos Fiscales, plays a key role in Argentina’s energy industry. Founded in 1922 by the Argentine government, the company has been an important provider of oil and natural gas in the country and has played a significant role in the quest for energy self-sufficiency. Throughout its history, YPF … Read more
2023-11-20 18:40:57 Javier Milei swept 21 of the 24 provinces of Argentina. In the second round on Sunday, the libertarian candidate won by more than 11 points over the Peronist Sergio Massa, who is also the current Minister of Economy. The Argentine newspaper La Nación has described the Milei phenomenon as the most extraordinary leap … Read more