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Economy

The International Monetary Fund (IMF) still has Argentina’s request to revise the US $50 billion stand-by agreement reached in June at the top of its agenda. As a fund mission again traveled south yesterday, statements from the Fund’s Managing Director, …

On Wednesday, President Mauricio Macri had a fifteen-minute phone call with German Chancellor Angela Merkel. According to the Casa Rosada, Merkel expressed her support for Macri’s ongoing adjustment policies during the call, as well as Argentina’s deal with the

On Wednesday, Buenos Aires governor María Eugenia Vidal announced that she is planning to increase spending allocated towards a number of different welfare programs in the province, including pensions, family allowances, and food programs. The increase, which will go

On Tuesday, the Central Bank released a Monetary Policy statement that projected an upward trend in Argentina’s inflation due to the latest spike in the exchange rate. This comes soon after another recent increase in prices during the month of

In the midst of Argentina’s growing crisis and general economic turbulence, the projected stagnation in the country’s labor market for the end of the year has increased accordingly. Although overall labor growth remains in positive territory, the net employment generation

The 17 percent increase in the purchasing price of biodiesel— announced through Resolution 3/2018 this Monday in the government’s Official Bulletin— could once again impact everyday fuel prices paid by consumers at gas stations.

In the first week of September,

With less upward pressure from the peso’s devaluation and a number of positive signs in Argentina’s financial market, the price of the dollar has fallen for the third consecutive day.

After the dollar reached a record high of more

During his presentation this morning at the 39th Conference of the Argentine Institute of Executives in Finance (IAEF), in Mendoza, Central Bank president Luis Caputo assured that the market “understood the message” of the Macri administration, emphasizing that the country

After a series of negotiations with supermarkets and grocery stores, the Argentine government has officially expanded the Precios Cuidados government program—which sets a price ceiling for certain basic supermarket products. The program aims to keep basic goods affordable for

Rumors ensued this week that, besides expediting the disbursement of the US $50 billion from the stand-by agreement reached in June, the International Monetary Fund (IMF) would consider increasing the amount of money it would loan Argentina, in order for …