argentina

Latin American e-commerce company MercadoLibre Inc (NASDAQ:MELI) reported third-quarter financial results on Wednesday after market close. • MELI shares are experiencing downward pressure. See what is happening here. Here are the key highlights. Q3 Results: MercadoLibre reported third-quarter...

Argentine President Javier Milei‘s party secured a decisive victory in the midterm legislative elections, local media reported on Sunday. Trump Cheers Milei’s Victory The right-wing libertarian La Libertad Avanza won 41% of the votes nationwide, beating the centre-left Peronist...

“America First,” President Donald Trump proclaimed in two inaugural addresses: 2016 and, again, in 2025—unless you’re Argentina. What Happened? The U.S. Treasury, under Secretary Scott Bessent, finalized a $20 billion financial lifeline for Argentina in the form of a currency...

President Donald Trump proposed to import beef from Argentina, and it has faced backlash from U.S. ranchers and Republican lawmakers. On Sunday, speaking to reporters aboard Air Force One, Trump suggested buying beef from Argentina to support its struggling economy and help bring down rising U.S....

President Donald Trump’s $20 billion bailout for Argentina is receiving criticism as experts argue that the move undercuts American soybean farmers who are currently struggling under his administration’s trade and tariff regime. Argentina Supplying Soybeans To China On Thursday, in a...

Argentina’s President Javier Milei has been cleared by the country’s Anti-Corruption Office in the controversial LIBRA memecoin scandal that eroded millions of dollars in investors’ wealth. What Happened: The anti-corruption office concluded that Milei was acting in “...

Argentina's Chamber of Deputies approved a probe Tuesday into the scam-tainted LIBRA token that has embroiled Javier Milei's administration in controversy. What happened: The lower house voted in favor of three draft resolutions, including the creation of an investigative commission, the...

Argentina President Javier Milei is facing calls for impeachment for promoting a controversial meme coin that first pumped and then dumped in value, destroying millions of dollars in investors' wealth. What happened: An opposition bloc, led by Esteban Paulon from the Socialist Party, initiated a...

The World Bank's Global Economic Prospects report, released Thursday, highlights a fragile outlook as inflation, trade disruptions, geopolitical tensions and policy uncertainty weigh on momentum. The global economy is expected to stay stuck at 2.7% growth in 2025-’26, a pace too weak to drive...

Javier Milei took office as the President of Argentina in December 2023 and took his trademark chainsaw to the country's economic policies. Interest in several Argentina-based stocks has been rising as his drastic reforms take hold.  What To Know: Milei, a self-described anarcho-capitalist, has...

Argentina’s S&P Merval Index has risen by 162.85% year-to-date, beating the gains in the S&P 500 Index and other emerging stock market indices. What Happened: S&P Merval’s staggering gain, comes as the country emerged from a severe recession in the third quarter of the...

On Wednesday, Rio Tinto (NYSE:RIO) has unveiled the initial resource and reserve estimates for its Salar del Rincon lithium brine project in Salta, Argentina. With this project underway, Rio Tinto is strengthening its operations in a quickly growing mining market, where it established a foothold...

McEwen Copper, a subsidiary of McEwen Mining (NYSE:MUX), seeks $2.5 billion to advance the Los Azules copper project in Argentina. The prospective project wants to become a world-class copper mine with an anticipated annual production of 175,000 metric tons. “We have invested more than $400...

President-elect Donald Trump met Argentina President Javier Milei at his Mar-a-Lago resort Thursday. This was his first meeting with a world leader since winning the elections last week. What Happened: Milei congratulated Trump on his election victory, lending support to the shared ideas of...

Tesla CEO Elon Musk and early OpenAI investor Vinod Khosla have once again locked horns in a public disagreement on social media platform X, formerly Twitter. What Happened: Venture capitalist Khosla last week shared a news article discussing Argentina’s high poverty rate under President...