The move is part of a legal tit-for-tat between the retail juggernaut’s e-wallet Mercado Pago and the banks’ MODO
Economics
The scheme is moving at a crawl, but changes to the PAIS tax may be helping the Central Bank shore up dollar purchases
Economic activity drops 3.9% in June, industry and construction most affected
The index plummeted after showing growth in May, the only month of the year so far to have a positive value
The ‘Diarco dollar’ will allow shoppers to pay for purchases with dollars at a rate that’s currently above the blue dollar
The government, meanwhile, continues to fight a court-mandated order to deliver food stashed in warehouses
The project will be a US$2.5 billion investment that will reportedly allow the country to export 135 million barrels of oil per year
Loretta Preska is the same judge that ruled against the country in the YPF expropriation case
Speaking at the Council of Americas, the Argentine president claimed that saying that GDP can’t grow under the ‘cepo’ is a ‘falacy’
President Javier Milei thanked Economy Minister Luis Caputo for the reduction