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Thousands of layoffs feared in Argentina next month

Argentine SMEs fear a wave of sackings in the coming days due to President Javier Milei's 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 May's radar.

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Milei praises his own administration for its financial surplus

Argentine President Javier Milei Monday highlighted his administration's performance bringing about a financial surplus worth AR$ 276.638 billion (US$ 276.638 million), which constituted a 'historical feat.' He also said this achievement of three consecutive surplus-yielding months -something unheard of since 2008- was possible thanks to his administration's 'chainsaw' policies cutting State expenditures. Argentina's economic performance fell well within the goals agreed upon with the International Monetary Fund (IMF).

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Milei to announce his achievements on nationwide TV

Argentine President Javier Milei is to speak on national TV on Monday announcing the achievements of his economic plan. According to Buenos Aires media citing Casa Rosada sources, alongside Milei will be Economy Minister Luis 'Toto' Caputo, Finance Secretary Pablo Quirno, and Central Bank (BCRA) President Santiago Bausili.

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Argentina's Economy Minister foresees 1-digit monthly inflation imminent

Argentina's Economy Minister Luis 'Toto' Caputo insisted Wednesday in Washington DC during his participation at the International Monetary Fund's (IMF) Spring Meeting that his country would be achieving a one-digit inflation rate shortly.

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Argentina: Inflation in March reaches 11%

According to a report released Friday in Buenos Aires by Argentina's National Institute of Statistics and Census (Indec), the Consumer Price Index (CPI) in March in the South American country went up 11% for an interannual total of 287.9%. The new figure represented a 2.2% decrease from February but a 51.6% growth in the first quarter of 2024.

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Private health firms targeted as Caputo complains of 'war on middle class'

Economy Minister Luis Caputo accuses ‘pre-pagas’ of declaring war on customers as government sources say investigation into price-fixing claims is underway; Firms seek urgent meeting with officials.

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Argentina delays payments to IMF until April 30

The Argentine Government of President Javier Milei Monday decided to postpone maturities with the International Monetary Fund (IMF) worth US$ 1.94 billion until the end of this month. The move was within the provisions of the standing agreement between the South American country and the credit agency, it was explained in Buenos Aires.

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'Synthetic' In A World In Flux: Javier Milei's "New Right" Political Playbooy

Milei built his popularity on a combination of aggressive and ideologized discussions on news shows that aired late at night, in which he “tamed” “lefties” and “fools” in the same way wild animals are domesticated.

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Living On The Edge: How To Govern Argentina, Javier Milei-Style

The administration led by self-proclaimed "anarcho-capitalist" economist Javier Milei is anything but normal.

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Javier Milei, First Anarcho-Capitalist President Of Argentina: A Mix Of Amateurism And Strategy

Whether by design or improvisation, the Javier Milei administration is laying out its own governing methodology which, as expected, is unlike any of what his predecess...

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