The Brazilian president said the long-delayed agreement was won through ‘iron, sweat, and blood’ as gradual implementation began on May 1

The brief stated that the assistance has ‘raised questions’ regarding how certain funds are used

March brought the first annual industrial gain after months of contraction, though weak demand and patchy sector performance cloud the outlook

Economic activity dropped by 2.6% month-over-month in February, the worst fall since December 2023

A report said that a leading company is selling a folding chair it imports at almost eight times its cost

Experts agree that the decline is directly linked to the country’s macroeconomic problems

While the energy and mining sectors celebrate the government’s measures, others are not so convinced

The fund celebrated Milei’s measures, such as the recently-passed labor reform and trade agreements

The International Monetary Fund warns war-driven shocks will slow growth and stoke inflation, with Argentina expanding 3.5% this year