End of preview - This article contains approximately 1330 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
Economy & Business - May 2025
ARGENTINA: End of currency controls largely successful, for now
President Javier Milei’s attempt to fix Argentina’s notoriously crisis-prone economy has entered yet another decisive phase as he lifted currency and capital controls in April, backed by a sizeable financing package led by the International Monetary Fund (IMF). The initial reaction by investors and Argentines has been positive. The peso is holding up and inflation, though still high by international comparisons, hasn’t shot through the roof. But Argentina has been here before, many times. In fact, it is the 23rd loan facility that the IMF has agreed with Argentina, which is also the largest debtor to the Washington-based lender.
- Economy and security vie for Noboa’s focus in Ecuador
- BOLIVIA: Minimum wage hike outpaced by galloping inflation
- VENEZUELA: Economy tanks even before US sanctions
- ECONOMIC HIGHLIGHTS
- ARGENTINA: End of currency controls largely successful, for now
- BRAZIL: Supreme court will have final word on outsourcing disputes
- CHILE: Boric scores with SQM-Codelco but lithium faces challenges
- ECONOMIC HIGHLIGHTS
- REGION: Trump tariffs uncertainty causes widespread concerns
- PANAMA: Social security reforms spark protests
- REGION: New Oxfam report sheds light on cost of tax evasion
- REGION: Preparing for the tariff shock
- CUBA: No early end to power cuts
- JAMAICA: Texas company moves into power sector
- ECONOMIC HIGHLIGHTS
- MEXICO: Gov’t addresses US agricultural disputes
- MEXICO: Water infrastructure to be revamped
- MEXICO: Recession narrowly avoided in first quarter
- ECONOMIC HIGHLIGHTS