argentina

Argentine President Javier Milei delivered a fervent defense of free-market capitalism and issued a stark warning about the perils of socialism at the World Economic Forum Wednesday, invoking the economic principles of Nobel laureate Milton Friedman. “The Western world is in danger”...

Argentina recorded its first ever rental agreement involving Bitcoin (CRYPTO: BTC) as a mode of payment between parties. What Happened: Rosario, the third most populous city in Argentina, saw the first rental agreement signed between a local landlord and a tenant wherein the monthly...

Argentine President Javier Milei raised the stake on Thursday, announcing plans to dismantle “sooner or later” the country’s central bank. This radical remark, revealed in an interview with Radio La Red, aligns with Milei’s ultra-libertarian ideology and fulfills a bold...

Argentina’s inflation rate was around 200% in 2023, according to Reuters. Food prices in particular rose much faster than anticipated, making it hard for everyday citizens to afford basic staples like meat and vegetables.  For many Argentines, this will not be their first battle...

Argentina’s new president Javier Milei faces a general strike after spending just a month in office. What Happened: Protesters have taken to the streets in response to a recent reform bill, and unions have planned a general strike for Jan. 24, while the country’s equity market has...

Argentina's newly elected President Javier Milei has introduced a draft bill that could significantly impact cryptocurrency holders in the country. This legislation, part of a broader economic and political reform package, aims to incentivize Argentines to declare both their domestic and...

Investors are displaying newfound confidence in Argentina’s stock market and the country’s future economic prospects. What Happened: The Global X MSCI Argentina ETF (NYSE:ARGT), a popular exchange-traded fund accessible to U.S.-based investors, soared to $54, marking a historic high...

The Argentine government has confirmed that financial contracts can now be denominated in Bitcoin. What Happened: Foreign Minister Diana Mondino announced the decision on social media: "We ratify and confirm that in Argentina contracts can be agreed in Bitcoin." Ratificamos y confirmamos...

By Felix T., Benzinga Contributor My name is Felix, a 24-year-old professional with five years of experience in the renewable energy sector. I have worked on utility-scale projects in Chile and distributed generation projects in Argentina, focusing on project management and overseeing environmental...

Argentina’s newly appointed Security Minister, Patricia Bullrich, has laid out a detailed plan to curb protests, a move that could stir up conflict with social groups opposed to economic reforms. What Happened: The new security protocol aims to stop disruptive roadblock protests in Buenos...

To gain an edge, this is what you need to know today. Fear Evaporates Please click here for a chart of CBOE Volatility Index . Note the following: The chart shows that VIX has fallen to the lowest levels since November 2019. VIX is also known as Wall Street...

The Argentine peso has depreciated by a staggering 54% following the newly elected President Javier Milei‘s tough economic measures, aimed at rescuing the nation from a deep solvency crisis and hyperinflation. The official exchange rate jumped overnight to an unprecedented 800 pesos per...

Just two days after assuming office, Argentina’s President Javier Milei’s government has initiated a comprehensive ten-point economic reform plan in an effort to rejuvenate the country’s faltering economy. Regardless, investors remain eager for more significant action. What...

Javier Milei was sworn in as Argentina's new president on Sunday, with a promise of radical change for the nation’s troubled economic landscape. With inflation soaring more than 140%, and amidst a backdrop of relentless economic and political turmoil, Milei’s inaugural address was...

In a bid to steer the nation out of its economic crisis, pro-Bitcoin (CRYPTO: BTC) leader Javier Milei took the helm as Argentina’s president on Sunday. What Happened: Associated Press reports indicate that Milei’s inaugural address in Buenos Aires was a frank delineation of...