News of cash

Tourists pay with wads of cash as inflation nears 100%

27-10-2022 16:04 Paying with cash is becoming increasingly cumbersome in Argentina as inflation gallops toward 100%.

Cash-strapped Argentina goes all or nothing on new economy chief

15-09-2022 15:55 New ‘super’ minister has undoubted political clout and scored early wins in Washington – but Sergio Massa’s presidential ambitions depend on avoiding economic meltdown

NEW MEASURES

Argentina seeks to shift all-cash workers into payroll jobs

30-08-2022 15:06 Policy aims to target welfare recipients who opt for informal, all-cash jobs to avoid losing government benefits and persuade them to stay in the system.

BLOOMBERG

MercadoLibre posts record revenue, braces for macro jitters

06-05-2022 09:08 Latin American e-commerce retailer grew its revenue more than forecast in the first quarter; Company plans to invest some US$10 billion across the region this year.

Bloomberg

Argentina’s 50% inflation has crypto credit cards booming

16-02-2022 20:41 With inflation surging at a more than 50% annually, cryptocurrency exchange Lemon Cash plans to increase issuance of Bitcoin rewards cards this year.

G20 & COP26 SUMMITS

Argentina offers its creditors climate action instead of money

05-11-2021 01:48 Argentina is pushing for a new way to service debt: instead of paying creditors with cash, it wants them to recognise the country’s efforts to tackle climate change.