CURRENCY WOES Bitcoin is trumping dollars for many inflation-weary Argentines 19-03-2024 14:59 Argentines are buying Bitcoin to protect themselves from 276% inflation instead of rushing to exchange pesos for dollars.
DOLLARISATION ON THE CARDS? Argentina still plans to dollarise, Milei’s economy chief says 15-12-2023 09:13 “The objective remains the same — to get to dollarisation,” declares Economy Minister Luis Caputo.
MARKET REACTION Milei’s shock therapy already leaves investors craving more 13-12-2023 12:05 While investors agree the adjustment outlined is the best — and only — way forward for the troubled nation, they were left wanting some bolder moves, more details and a plan how to implement measures that require congressional support.
BLOOMBERG – ANALYSIS ‘There is no money’: Argentina begins economic shock remedy 13-12-2023 11:41 Measures include 54% peso devaluation, additional 2% a month; Plan seen as step in the right direction, perhaps insufficient by traders.
MARKETS Argentina bonds rise to two-year high after Milei debuts shock plan 13-12-2023 11:30 Bonds climb to the highest in two years after President Milei’s government unveils first batch of shock-therapy economic measures.
TRANSITION OF POWER Milei to send ‘shock’ package to Congress on day one 27-11-2023 20:46 President-elect plans to call Congress into an extraordinary session and send a large package of reforms to stabilise Argentina’s economy on December 11, the day after his inauguration.
ECONOMIC POLICY Milei says Argentina heading for ‘shock’ fiscal therapy 23-11-2023 18:47 President-elect Milei warns Argentina faces ‘shock adjustment’; Inflation could take 18 to 24 months to calm, says libertarian.
BLOOMBERG - ANALYSIS Milei opens a new era: What comes next in Argentina policy-making 20-11-2023 09:25 Milei’s biggest political challenge will be his lack of support in Congress, where his party only counts a minority of senators and a fraction of lower house representatives.
HEALTH & SOCIETY Argentina records first mpox death 29-11-2022 10:30 Argentina has registered its first death from mpox, the disease formerly known as monkeypox, after a patient died in a hospital in the capital.