The minimum wage in Latin America is always a topic of discussion, since economic needs and changes require a constant update of salaries. Furthermore, workers are always pushing and fighting for new increases; Therefore, among the countries in the region there is a great difference in the established amount. In this note, we detail how […]
Tag: argentina
Argentine government will remove social aid from those who attend protests
He Government of Argentina confirmed this Monday that those beneficiaries of social plans who attend protest marches will stop receiving that state aid and affirmed that the Executive will seek to eliminate the intermediation of social organizations for the granting of those subsidies. “The only ones who are not going to receive the plan are […]
Storm with hurricane-force winds leaves deaths and destruction in Argentina and Uruguay
A severe storm with rains and winds of more than 150 km/hour left at least 14 dead, destroyed, semi-paralyzed several cities in the center of Argentina and left two dead in the west of Uruguay this weekend, official sources reported. Argentine President Javier Milei traveled on Sunday to Bahía Blanca, a port city 800 km […]
Javier Milei says that “ending inflation” in Argentina is “top priority”
The president of Argentina, Javier Mileispoke for the first time about the first measures of a “super orthodox” austerity plan that his government presented this week and whose “top priority” is to “end the inflation”. Mileia 53-year-old ultra-liberal who took power on Sunday, made a live broadcast on social networks to present from the presidential […]
Argentina will not allow street closures or blockades of companies as a form of protest
He Argentine government warned this Thursday that the security forces will not allow street and highway closures or blockades of companies from now on as a form of social or union protest. “The streets are not taken. “We are going to organize the country so that people live in peace,” The Minister of Security, Patricia […]
Argentina is getting ready to receive financing from CAF to pay US$913 million to the IMF
Argentina will receive financing from the Development Bank of Latin America and the Caribbean (CAF) to make a payment of 913 million dollars to the International Monetary Fund (IMF) next week, two sources familiar with the matter told Reuters. Argentina, whose US$44 billion program IMF makes it the largest debtor of the fund, it must […]
Argentines, between anguish and resignation due to adjustment measures by the Milei government
Julia González does not know how she will now be able to afford transportation on three buses and a train to her job in the center of Buenos Aires. Lucía Pergolisi cries because her best friend has been fired from her position in a government ministry. Hilario Laffite admits that she will have to highlight […]
The 10 measures of the emergency plan announced by the new Government of Argentina
“Neutralize the crisis and stabilize economic variables” of the South American country are the purposes of the package of “urgency” announced this Tuesday by the Minister of Economy, Luis Caputothe first measures of the Executive of Javier Milei. These are the 10 measures of the announced plan: 1. State labor contracts that are less than […]
Argentina devalues peso more than 50% and cuts expenses to deal with economic crisis
The brand new Argentine government headed by the libertarian Javier Milei announced on Tuesday a series of orthodox measures to deal with a serious financial crisis, including a drastic spending cut and a 54% devaluation of the peso. In the context of an annual inflation close to 150% and a poverty of 40%, The Government […]
Will Luis Caputo, the “Messi” of finance, be able to combat Argentine inflation?
Luis Caputoin charge of solving the worst economic crisis in Argentina In decades, he was once nicknamed “Messi” for his financial ability in giants like JP Morgan and Deutsche Bank. Now he faces the challenge of recovering the country’s economy, a goal that is comparable to a World Cup. Caputo, 58, former finance minister and […]