Argentines Hoard $170 Billion in Cash as Milei’s Tax-Free Deposit Scheme Flops
Key Takeaways: Milei’s tax-free law failed to attract even $1 billion of the $170 billion held outside banks, curbing liquidity.…
Tag: Argentines
Argentines Cast Ballots in Make-or-Break Midterm for Milei
Argentina is voting Sunday in a midterm election that will serve as a crucial referendum on President Javier Milei’s ambitious…
Argentines turn to crypto ahead of legislative election
Argentines are once again turning to crypto, particularly stablecoins, to hedge against the devaluation of the local currency peso, which…
Argentines Dump the Peso, Betting US Rescue Is Doomed to Fail
Argentines are convinced that even a flood of cash from the US won’t be able to stop another painful devaluation…
Red-Headed Milei Candidate Urges Argentines to Vote for Bald Guy
Argentine President Javier Milei tapped a new candidate to lead his party’s ticket in a key battleground during the midterm…
Argentines Blow Billions Shopping Abroad and Fan Currency Crisis
Argentines are going on cross-border shopping sprees, costing Milei’s government billions as it tries to prop up the peso www.bloomberg.com…
Milei tames inflation, but Argentines still struggle to afford basics | Inflation
Cesar Martinez, 45, works full-time at a butcher shop in Buenos Aires, but in the last year, he has had…
Rich Argentines Face Higher Energy Bills After Milei Subsidy Cut
President Javier Milei will cut energy subsidies for all gated communities in the greater Buenos Aires region, a move that…