Daniel Rosato News Today

A new report finds that the economy is rapidly contracting, with no signs of recovery on the horizon

Argentine SMEs fear a wave of sackings in the coming days due to President Javier Mileis policies which may have been somewhat successful at curbing inflation but at a cost. The Industriales Pymes Argentinos (IPA) chamber released a report saying that some 17,000 jobs had been lost since Milei took office on Dec. 10, 2023, and further suspensions and layoffs appear on Mays radar.

Argentinas factories, like many economic sectors, are floundering as consumers hit by sky-high inflation and shrinking income buy fewer goods.

Argentina's factories, like many economic sectors, are floundering as consumers hit by sky-high inflation and shrinking income buy fewer goods.

Factories are on the ropes between adjustment and recession in Argentina. Representatives of small and medium-sized enterprises (SMEs, or PyMES) warn drop in consumption is threatening the future of industry.

AVELLANEDA (AFP) – Argentina’s factories, like many economic sectors, are floundering as consumers hit by sky-high inflation and shrinking income buy fewer goods. Few hold out hope that things will get better any time soon. “People still have savings” for now, Gustavo Avalos, who owns an ink factory outside Buenos Aires, told AFP. But “the […]

According to data released by the National Statistics Institute (INDEC) this week, economic activity showed signs of cooling off in the last part of 2022,

BUENOS AIRES, Argentina (AP) — Raul Amil has been in the auto parts business in Argentina for more than 25 years. He has lived through numerous economic crises in a country infamous for its seemingly constant crashes.

BUENOS AIRES, Argentina (AP) — Raul Amil has been in the auto parts business in...

BUENOS AIRES, Argentina (AP) — Raul Amil has been in the auto parts business in...