Argentina's President Javier Milei Vetoes Pension Bill Amid Congressional Tension
Argentina's President Javier Milei has vetoed a pension bill in what marks a growing political tension within the country. This decision comes amid economic hardships that Argentina is currently grappling with, and increasing criticism from the opposition towards the government.
Continue readingPresident Milei Cuts Import Tariffs in Argentina to Tackle Inflation
Argentine President Javier Milei has announced a reduction in import tariffs on goods to ease inflation, which has reached record levels in the country. This measure is aimed at lowering prices on essential products and improving the economic situation in Argentina, where consumers face skyrocketing prices.
Continue readingArgentina's Economy: Inflation Slows to Lowest Level Since 2022
Argentina has recorded a significant slowdown in inflation rates, which is a positive sign for the country’s economy. According to the latest data, the inflation rate in July 2024 dropped to 77.9%, marking the lowest level since October 2022. This decrease has occurred against the backdrop of economic reforms implemented by the new president, Javier Milei, who has focused efforts on combating inflation and stabilizing the economy.
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