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Argentina economic activity seen plunging 6% in February- Reuters poll

Argentina's economic activity likely plunged 5.9% year-on-year in February, a Reuters poll of market analysts showed on Monday, which would make a fourth straight monthly slide amid tough austerity measures under new libertarian President Javier Milei. The expected slide underscores the impact of Milei's cost-cutting on the real economy, even as it helps to boost the government's fiscal position after years of deficits and to rebuild depleted central bank reserves. According to ...
Buenos Aires Distrito Federal Orlando Ferreres Asociados Eugenio Mar Adam Jourdan Javier Milei
Source: yahoo.com

Argentina's markets give Milei a reality check as early romance fades

Argentina's markets, which soared after President Javier Milei took office a month ago, are now giving the libertarian leader a dose of reality, with bond prices slipping, the peso weakening again and investors wary of the government's new debt auctions. The splash of cold water from investors after an initial honeymoon underscores the huge challenge facing Milei as he looks to tamp down inflation heading towards 200%, head off social unrest, rebuild depleted reserves and rescue a $44...
Buenos Aires Distrito Federal Javier Milei Adam Jourdan Jorge Otaola Nick Zieminski
Source: yahoo.com

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