argentina economy

This recession continues and very painful for everyone. https://www.bnnbloomberg.ca/investing/2024/08/21/argentina-economy-contracted-in-june-as-recession-grinds-on/

It took about 50 days for the Central Bank (BCRA) to show the first significant nominal decrease in the stock of debt remunerated in pesos. This huge and heavy liability, a true testimony of the excesses in monetary issuance by the Fernández administration, was reduced from $29.875 billion to...

https://www.zerohedge.com/news/2018...d-low-imf-withholds-3-billion-bailout-tranche Today's announcement are similar to the events leading to Argentina's 2001 crisis. In December 2001 the IMF suspended a 1.38 billion tranche from a 38 billion loan under president Fernado De La Rua. Leaving...

Does anyone have acquaintances with an economics background in Argentina or who are familiar with the country's economic landscape? Additionally, has anyone engaged in blue market trading, where they exchanged USD for pesos through informal channels like meeting someone on Florida Street? I'm...

The following article talks about the possible pessification of the real estate market, pretty alarming for expats who own property as they may never be able to recover their investments if this happens...

The Argentine government's budget is based upon projected growth of 5.1%, however analysts are predicting 2.5% to 3.0% growth which will certainly put a dent in the government spending that has been a key economic driver over the last decade. The slowdown is due in part to a dry crop season...

Capital flight, defined as "the formation of assets abroad by the non-financial sector," fell from $3.64B in Q4 2011 to $1.61B in Q1 2012 according to the central bank. NASDAQ Article There are a lot of people who will argue that CFK didn't have much choice but to impose currency controls to...

Lately there was a post wondering what the next move of the government would be. Apparently they are considering multiple exchange rates: http://www.cronista.com/economiapol...os-de-cambio-diferenciales-20120515-0059.html "Deputy Economy Minister Axel Kicillof's economic team is looking at...

The ridiculous Economy Minister Amado Boudou says "inflation only affects the mid and upper class". Trade Secretary Moreno says 2010 will experience only a 10/11% increase and that the Government economic mouthpiece Indec has the "The one" real way of measuring inflation (not the World wide...