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From ‘assassins’ to ally? Milei caps turnaround by meeting China's Xi
Nov 19, 2024 · Milei, 53, published a photograph of the encounter on his social media accounts showing the two leaders shaking heads. “During this meeting, issues of relevance to the bilateral relationship were discussed, including constructive cooperation and the expansion of trade relations between the two countries,” read a statement issued by Argentina’s Presidency.
Why Milei can’t lift currency controls any time soon
Oct 16, 2024 · Argentina has had strict currency controls in place for the past nine out of 13 years. They include a tightly managed exchange rate that is on average 20 percent stronger than the market rate.
Argentina’s recession ‘is over,’ Milei tells business leaders
Nov 8, 2024 · Recent data from the INDEC national statistics institute showed that industrial production grew 2.6 percent in September compared to the previous month and construction increased 2.4 percent compared to August, although both indicators were down 6.1 percent and 24.8 percent year-on-year respectively.
The spending cuts that allowed Milei to turn around the economy
Apr 23, 2024 · The report said: “It was found that pensions withstood 35 percent of the total reduction, real direct investment 15 percent, transfers to provinces 13 percent, energy subsidies nine percent and salaries seven percent, among the most significant ones.”
Milei is Argentina’s most popular leader but disapproval grows
Oct 31, 2024 · Most are against privatising all state-run companies as the president would like to do; those in favor of the price controls he’s scrapped outnumber those who prefer businesses to decide; and more than 60 percent of respondents say the government needs to improve its relationship with Brazil after the libertarian traded insults with President Luiz Inácio Lula da Silva.
The ecstasy of Javier Milei | Buenos Aires Times
Nov 30, 2024 · A very successful tax moratorium/whitewash together with booming financial markets have allowed Caputo to keep the value of the multiple peso-dollar exchange rates under control, together with the ‘cepo’ currency controls.Fresh funds from the International Monetary Fund (IMF) and other multilateral organisations, along with real economy investments, are a necessary next step, together with ...
Headline figures from Milei government’s 2025 Budget
Sep 16, 2024 · The headline figures from the Milei government’s 2025 Budget. Argentina’s Economy Ministry publishes its forecasts for the coming year: 5% growth, 1,207 pesos a dollar and 18.3% inflation.
‘Las fuerzas del cielo’ – Who’s who in Milei’s new ‘praetorian guard’
Nov 23, 2024 · “Nobody takes a step without their approval,” clarified the leader, clearing up speculation about a possible internal conflict. Beyond the indignation generated by the qualification of “armed wing” and the scenography, the presentation of the new La Libertad Avanza grouping opens up another line of discussion linked to the political construction in 2025.
Burford open to Argentine bonds for US$16-billion judgement
Nov 8, 2024 · Burford Capital, a litigation funder that’s the biggest stakeholder in the case, would accept sovereign bonds or other marketable securities, considering the Argentine Central Bank’s depleted foreign reserves, the people noted, asking not …