(Bloomberg) — Argentina’s consumer prices slowed on a monthly basis during President Javier Milei’s first full month in office as he continued to implement parts of his shock therapy economic plan. Most Read from Bloomberg Inflation cooled to 20.6% in January from a month earlier, slightly below economists’ expectations of 21%. From a year ago, […]
BUENOS AIRES (Reuters) – Argentina’s lower chamber of deputies gave overall approval to libertarian President Javier Milei‘s sweeping “omnibus” reform bill in a vote on Friday after days of debate, paving the way for a decisive vote in the Senate. The controversial reform package was approved on a vote of 144 votes in favor, and […]
BUENOS AIRES, Argentina (AP) — An Argentine court on Tuesday overturned labor rules proposed by President Javier Milei that would make it easier to fire workers, in a new blow to the leader’s efforts to shake up regulations that he says have hampered the country’s struggling economy. The appeals court already temporarily suspended the incoming […]
An Argentine court on Tuesday overturned labour rules proposed by President Javier Milei that would make it easier to sack workers, in a new blow to the leader’s efforts to shake up regulations that he says have hampered the country’s struggling economy. The appeals court already temporarily suspended the incoming president’s new regulations in early […]
In the teeming crowd in front of Argentina’s National Congress last week, Alicia Ambrosi weaved her way around banners and placards pleading for more economic assistance – and deriding a new president intent on fundamentally changing how the country works. The retiree, who once sewed socks in a factory, sees herself as part of the […]
(Bloomberg) — Javier Milei’s plans to free Argentina’s oil markets are getting pared back as the new president negotiates sweeping reforms to deregulate the country’s economy with an opposition-controlled congress. Most Read from Bloomberg At issue is the Argentine government’s ability to stop drillers from exporting cargoes of crude if it’s concerned about shortages at […]
(Bloomberg) — Argentina’s congress delayed at least until next week a vote on President Javier Milei’s austerity measures due to lack of consensus on key proposals to raise taxes and change the country’s pension system. Most Read from Bloomberg The so-called omnibus bill that includes hundreds of shock-therapy measures to address Argentina’s economic crisis was […]
Argentina’s libertarian President Javier Milei has faced a one-day general strike in protest against his decree targeting unions and his proposals for economic reforms. The biggest union, known by its acronym CGT, organised the strike and was joined by other groups. Strikers took to the streets in the capital, Buenos Aires, and other cities across […]
(Bloomberg) — Argentina’s congress is poised to start voting on a package of wide-ranging economic and government reforms proposed by President Javier Milei to shore up fiscal accounts and reduce the presence of the state in the economy. Most Read from Bloomberg The so-called omnibus bill is scheduled to go through the general, budget and […]
(Bloomberg) — When President Javier Milei defended the adoption of the dollar through a “free competition of currencies” in Argentina, few foresaw a brand new legal tender coming out of the middle of the country. Most Read from Bloomberg The legislature of La Rioja, a small landlocked province known for its olives, approved the creation […]
BUENOS AIRES, Argentina (AP) — President Javier Milei suffered a judicial blow Wednesday as a court suspended labor rule changes he recently announced as part of sweeping deregulation and austerity measures aimed at reviving Argentina’s struggling economy. The ruling by a three-judge court came on a legal challenge brought by the main union group, the […]
BUENOS AIRES (AP) — Argentina formally announced Friday that it won’t join the BRICS bloc of developing economies, the latest in a dramatic shift in foreign and economic policy by Argentina’s new far-right populist President Javier Milei. In a letter addressed to the leaders of Brazil, Russia, India, China and South Africa — all members […]