The expected fall was smaller than the estimated 3.8% drop in GDP the government included in its projections for 2025
Economics
Alejo Ramos Padilla ruled that only Congress has the authority to change the bank’s legal status and contested the president’s claims otherwise
Tourism moves from Argentina to Brazil as exchange rates shift
The weakening real coupled with Argentina’s soaring prices means travelers are swapping Malbec for caipirinhas
President Milei used his legislative powers to issue a decree and sidestep Congress
$LIBRA co-creator Hayden Davis reportedly bragged about funneling money to the president’s sister ahead of the memecoin’s launch
The president is facing widespread fraud accusations, with opposition politicians calling for impeachment and the cabinet in crisis mode
The price of $Libra tokens soared after the president’s endorsement on social media, only to plummet a few hours later
The figure is the first time since early 2023 that inflation has been below 100%. The monthly index clocked in at 2.2%, the lowest since the COVID-19 pandemic
Most of the yield came from a Lecap maturing in March, with questions surrounding the ‘cepo’ and the possibility of an imminent devaluation